Kraken has announced an agreement to acquire Ninjatrader, the U.S. retail futures trading platform, for $1.5 billion, subject to certain purchase price adjustments. This acquisition accelerates its multi-asset-class ambitions, which include plans for equities trading and payments. Founded in 2003, Ninjatrader provides advanced futures trading tools to nearly two million traders and operates as a […]
Utila has announced the successful completion of an $18 million Series A funding round, led by Nyca Partners, to enhance its institutional digital asset operations platform. The company, which has processed $35 billion in digital asset transactions over the past 18 months, aims to scale its global operations and expand research and development efforts with […]
The Tanzanian shilling has experienced a significant decline, becoming the world’s worst-performing currency this year, dropping 8.9%. At the time of writing, the currency’s exchange rate against the U.S. dollar stood at 2,645 per dollar, a level last seen in late November 2024. This decline is attributed to rising imports and increased public debt, largely […]
Donald Trump will make history as the first sitting U.S. President to address a crypto conference when he speaks at the Blockworks Digital Asset Summit in New York City on Thursday, according to the event organizer and crypto media firm Blockworks. Trump headlined the July 2024 Bitcoin Conference in Nashville, Tennessee, but that was before […]
In what some would consider an unexpected move, Brad Garlinghouse, CEO of digital asset firm Ripple Labs and majority holder of the XRP cryptocurrency, cleared the air about his position on bitcoin ( BTC). “I first bought bitcoin in 2012 coming out of an event when I was first introduced to it,” Garlinghouse explained. “And […]
The Turkish lira has fallen to a record low against the U.S. dollar, trading at 40.96 before recovering slightly to 38.74, following the surprise arrest of Istanbul Mayor Ekrem Imamoglu. The country’s benchmark stock index, the BIST 100, dropped by as much as 7% in response to the news, which has raised concerns about political […]
Tokyo Stock Exchange-listed company Metaplanet Inc. has announced the acquisition of an additional 150 BTC as part of its ongoing Bitcoin Treasury operations, bringing its total bitcoin holdings to 3,200. The latest purchase was made at an average price of approximately $83,706 (12,526,226 yen) per bitcoin, totaling approximately $12.53 million (1.879 billion yen). The company […]
South Korea’s central bank has ruled out adding bitcoin to its foreign exchange reserves, citing extreme price volatility and failure to meet liquidity and investment-grade standards. This stance follows U.S. President Donald Trump’s March 6 executive order promoting bitcoin stockpiling. The Bank of Korea, responding to a query from Rep. Cha Gyu-geun, emphasized that reserves […]
The newly established Pakistan Crypto Council aims to integrate blockchain technology and digital assets into the country’s financial system through clear regulations and innovation-driven policies. Finance Minister Muhammad Aurangzeb, serving as Chair, emphasized the government’s dedication to fostering a secure and progressive crypto ecosystem. The initiative reflects Pakistan’s proactive stance on positioning itself as a […]
The ZKsync Ignite program will be discontinued after its first season, with the DeFi Steering Committee (DSC) announcing that rewards will cease on March 17, 2025. The decision is driven by a strategic shift towards focusing resources on the Elastic Network, which is seen as essential for the long-term vision of ZKsync. The DSC noted […]