Animoca Brands has mutually suspended discussions with Currenc Group over a proposed reverse merger. The deal was first announced on November 3, 2025. Both companies agreed to pause the talks after reviewing the expected timeline for completing the transaction and changes in market conditions. Merger Talks on Hold In its official blog post, Animoca Brands […]
Retail-focused exchanges use a larger share of their reserves for trading than platforms that are institution-focused. Exchanges with a stronger institutional focus, such as Coinbase, Binance, and Kraken, maintain relatively low volume-to-reserve ratios of around 0.1. This indicates that deposits are largely held rather than actively traded. Asset Utilization Diverges According to CoinGecko’s latest report, […]
Kraken Co-CEO Arjun Sethi has criticized the crypto promotion rules enacted by the UK’s Financial Conduct Authority (FCA), warning that the strict regulatory framework is slowing transactions and limiting access to services for users. Over the past few months, UK financial watchdogs have come under fire from crypto executives for what many see as an […]
The blockchain focused on user privacy saw one of its mining pools take over the network’s hash rate. No damage has been reported yet, but history suggests that extensive losses could occur once the harm has been done. Taking Over Control The cryptocurrency exchange Kraken has temporarily stopped Monero deposits to the platform due to […]
The US Justice Department has dropped its criminal investigation into Kraken co-founder Jesse Powell. The investigation was launched in 2023 and did not focus on Powell’s crypto dealings. Instead, it centered on allegations from the Verge Center for the Arts – a nonprofit he founded – that he had hacked its accounts and blocked email […]
A new report by CryptoQuant ranks the transparency of five major crypto exchanges based on their proof-of-reserves (PoR) practices. The analysis revealed that Binance is leading, while other players like Bybit, OKX, Kraken, and Coinbase are trailing. The PoR Rankings The survey evaluated each exchange’s reserve ratio, a metric calculated by dividing the net customer […]
Previously undocumented transactions tied to Bitcoin’s foundational days could mean that Bitcoin creator Satoshi Nakamoto was last active on-chain nearly ten years ago. This insight was shared by Coinbase Director Conor Grogan, whose findings raise questions about early crypto movements and their implications for the identity of the world’s most famous anonymous figure. Exploring Satoshi’s […]
FTX and its affiliated debtors have announced that their Chapter 11 reorganization plan will officially take effect on January 3, 2025. This day has also been designated as the initial distribution record date for those holding allowed claims in the plan’s convenience classes. Distribution Details According to a press release, payments for these claims are […]
The total amount raised in the crypto industry during October 2024 saw a significant increase of 96% month-over-month, reaching $1.76 billion. According to Messari’s latest report, this represents the highest level of fundraising activity since November 2023. 282 Crypto Deals in October The report shows that the deal count in October increased by 25% compared […]
According to a September 7 report by Bloomberg, Premier League (PL) clubs have secured a record-breaking $170 million in sponsorship deals from crypto companies for the 2024/25 season. This uptick comes as league participants face tightening restrictions on gambling sponsorships, which have traditionally been a major source of revenue for them. Crypto Sponsorships on the […]
- 1
- 2