Latest Crypto Industry News and Insights
Kraken Buys Hong Kong Stablecoin Firm Reap for $600M to Expand Payments Rails
Kraken is paying $600 million for a Hong Kong stablecoin firm, and the real target is clear: the payment rails, not just the trading screen. Payward Inc., Kraken’s parent company, is acquiring Reap Technologies for $600 million. The deal uses a cash-and-stock structure tied to Kraken’s $20 billion valuation. Reap specializes in stablecoin-based business payments, […]
Read MoreBitcoin ETFs Extend Inflow Streak as BTC Reclaims $80K Amid Cooling Geopolitical Fears
Bitcoin ETFs are still doing what they were built to do: soak up capital while traders argue over whether $80,000 is a solid base or a trapdoor with better lighting. Five straight days of inflows for U.S. spot bitcoin ETFs Nearly $1.7 billion added during the streak BlackRock’s IBIT led the charge while some rivals […]
Read MoreColombia Eyes Renewable Bitcoin Mining Hub on Caribbean Coast, Petro Says
Bitcoin Mining Could Transform Colombia’s Caribbean Region, President Says Colombian President Gustavo Petro wants to turn Colombia’s Caribbean coast into a Bitcoin mining hub powered by renewable energy, pitching it as a cleaner way to attract investment and development without the usual fossil-fuel hangover. Barranquilla, Santa Marta, and Riohacha were named as possible mining sites […]
Read MoreCircle Earnings May 11: USDC Adoption, Revenue, and the Agentic Economy Test
Circle is heading into earnings in four days, and the market is not in the mood for fairy tales. Investors want to know whether USDC is actually becoming a real payments and finance rail for AI agents, or whether Circle’s “Agentic Economy” pitch has been running hotter than the numbers. Earnings on May 11 USDC […]
Read MoreSouth Korea Sets January 2027 Crypto Tax, 22% Rate on Gains Above 2.5M Won
South Korea has locked in a January 2027 start date for its crypto tax, ending years of delays and political foot-dragging. The new rule will hit gains above 2.5 million won a year, with a combined 22% tax on crypto profits. 22% crypto gains tax begins in January 2027 2.5 million won yearly threshold before […]
Read MoreSouth Korea Locks in 2027 Crypto Tax: 22% on Gains Above 2.5M Won
South Korea has finally nailed down a start date for its long-delayed crypto tax, and traders hoping the whole thing would quietly die in committee can stop dreaming. Tax date locked: Jan. 1, 2027 Rate: 22% on gains above 2.5 million won Scope: Crypto transfers and lending income Rollout: Guidance due in 2026, first filing […]
Read MoreWhite House Fast-Tracks Crypto Bill as Bitcoin Reserve Talk Builds and DeFi Gets Hacked
Washington is trying to put crypto regulation on a fast track while Wall Street, global banks, and ETF investors keep stacking real-world demand on top of the noise. The White House wants a sweeping U.S. crypto market structure bill on President Trump’s desk by July 4, but stablecoin rewards and ethics language are still holding […]
Read MoreZachXBT: DSJEX and BG Wealth Sharing Crypto Ponzi Collapses After $150M Scam
ZachXBT says the DSJ Exchange and BG Wealth Sharing crypto Ponzi collapsed after allegedly pulling in more than $150 million, while a coordinated response froze over $41.5 million before more of the loot could disappear into the blockchain blender. DSJEX and BG Wealth Sharing allegedly ran a Ponzi-style crypto scam More than $150 million reportedly […]
Read More1inch-Linked Liquidity Provider Drained $5.87M in DeFi Approval Exploit
A 1inch-linked liquidity provider has been exploited for nearly $5.87 million after attackers abused stale wallet approvals and a contract permission path that should never have been left exposed. $5.87 million stolen from a 1inch-related liquidity provider Old approvals abused — no fresh malicious signature needed Trusted Volumes resolver contract was the target WETH, USDT, […]
Read MoreUS Authorities Seize BG Wealth Sharing Domain in $150M Crypto Ponzi Bust
US authorities have seized the domain tied to BG Wealth Sharing, a crypto investment scheme accused of running a Ponzi-style fraud that allegedly promised easy money, then tried to disappear with the loot. BG Wealth Sharing allegedly ran a crypto scam linked to DSJ Exchange Over $41 million in crypto was frozen before it could […]
Read MoreGothFerrari Gets 78 Months for $250M Crypto Theft Ring and Home Invasions
A Washington, D.C. federal court sentenced Marlon Ferro, the California man known online as “GothFerrari,” to 78 months in prison for helping run a crypto theft ring that stole more than $250 million from U.S. victims. The case shows how crypto crime now mixes social engineering, database hacks, laundering, and old-fashioned home break-ins. 78 months […]
Read MoreTrusted Volumes DeFi Exploit Drains $5.9M in ETH, WBTC and Stablecoins
Trusted Volumes, a DeFi RFQ trading protocol, was hit by a sharp-edged exploit that drained nearly $5.9 million in ETH, WBTC, and stablecoins after a flaw in its signature validation logic let an attacker forge orders and bypass authorization. About $5.9 million drained from Trusted Volumes 1,291 ETH, 16.94 WBTC, USDC, and USDT stolen Signature […]
Read MoreSamsung SDS Wins South Korea Tokenized Securities Platform Deal, Launch Set for 2027
Samsung SDS is pushing South Korea’s tokenized securities market from pilot mode into actual financial infrastructure, with a contract to build and operate the Korea Securities Depository’s blockchain-based platform through 2027. Samsung SDS won the KSD token securities platform contract Production-ready launch is expected by February 2027 South Korea’s legal framework for security tokens kicks […]
Read MoreSaylor Floats Selling Bitcoin to Fund Strategy Dividend, Breaking “Never Sell” Message
Michael Saylor just cracked open one of Bitcoin’s most sacred slogans: Strategy may sell some BTC, not because the ship is sinking, but to fund a dividend and prove the market can handle it. Possible BTC sale: to fund a dividend, not to patch a hole Big pivot: away from the clean “buy forever” soundbite […]
Read MoreBitcoin Breaks $81K as ETF Inflows Lift BNB and Pepeto Presale Hype
Bitcoin pushed through $81,000 on the back of $2.44 billion in April spot ETF inflows, and the market is already doing what it always does next: hunting for spillover winners. BNB is back on the radar, while Pepeto is trying to sell itself as the kind of presale that could catch the next wave of […]
Read MoreCrypto Market Structure Bill Advances as Kraken Launches U.S. Retail Leverage
Washington’s long-stalled crypto market structure bill is finally inching forward, but it’s doing so in classic D.C. fashion: with compromise, suspicion, and a side order of political mud wrestling. At the same time, Kraken is rolling out regulated leverage for U.S. retail traders, World Liberty Fi is reshaping WLFI token unlocks, and fresh geopolitical tension […]
Read MoreDogecoin Rallies as Pepeto Presale Pushes 100x Meme Coin Hype
Dogecoin’s wild climb from internet joke to multimillion-dollar payday is back in the spotlight, and the same old meme coin greed machine is now using that history to sell Pepeto as the next big moonshot. DOGE’s past run is being used to market a new presale Bitcoin above $81,000 is helping risk appetite across crypto […]
Read MoreNYSE Warns Against Synthetic Tokenized Stocks as Tokenization Push Grows
NYSE parent ICE is drawing a bright line between regulated tokenized equities and offshore synthetic stock products that borrow the look of ownership without delivering the goods, as highlighted in a recent warning from the exchange camp. Synthetic tokenized stocks can mirror a share price without giving real equity rights. ICE and Securitize warned that […]
Read MoreMorgan Stanley Crypto Trading Threatens Coinbase and Robinhood Fees
Morgan Stanley is reportedly moving deeper into crypto trading with pricing meant to undercut the usual retail fee machine, putting Coinbase and Robinhood squarely in the crosshairs. When a Wall Street giant decides the entry ticket to Bitcoin and other digital assets should be dirt cheap, the rest of the market has a problem. Morgan […]
Read MoreMorgan Stanley Brings Crypto Trading to E*TRADE for 8.6 Million Clients
Morgan Stanley is bringing cryptocurrency trading to E*TRADE, putting Bitcoin and other digital assets in front of 8.6 million retail clients through one of Wall Street’s biggest brokerage names. Morgan Stanley will launch crypto trading on E*TRADE 8.6 million retail clients could gain access to digital assets The move puts Morgan Stanley in direct competition […]
Read MoreClarity Act Revived as Bipartisan Stablecoin Deal Sends Bitcoin Past $80K
Washington may finally be getting serious about crypto market structure, and a bipartisan stablecoin compromise has pushed the Clarity Act back into the game. The bill now has a realistic path to the Senate, with supporters even talking about a signature before July 4. Bipartisan breakthrough: Stablecoin yield deal clears the biggest roadblock Fast-moving timeline: […]
Read MoreBitcoin Reclaims $82K as ETF Inflows Surge and Shorts Face Squeeze Risk
Bitcoin has pushed back above $82,000, and this time the move looks driven more by institutional spot buying than retail mania, while derivatives traders keep stubbornly betting against the bounce. BTC reclaimed $82,000 on rising spot demand U.S. spot Bitcoin ETFs pulled in $467 million+ in a single day Funding rates turned negative, showing traders […]
Read MoreHut 8 Lands $9.8B Texas AI Data Center Lease as Miners Pivot Beyond Bitcoin Mining
Hut 8 has landed a massive AI data center lease at its Beacon Point campus in Texas, and investors reacted like the company had just found a buried treasure chest under a power substation. 15-year AI data center lease worth $9.8 billion at base value Could reach $25.1 billion if all renewal options are exercised […]
Read MoreUS Senate Races Crypto Market Structure Bill as Bitcoin and Ether ETF Inflows Surge
The U.S. Senate is trying to jam a crypto market structure bill through before July 4, just as Bitcoin and Ethereum ETFs keep hoovering up fresh capital and Wall Street inches closer to direct crypto access. Crypto regulation sprint: Senate wants fast-track review next week ETF demand stays hot: Bitcoin and Ether funds keep pulling […]
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