The cryptocurrency exchange Kraken is in advanced talks with Wall Street titans Goldman Sachs and JPMorgan Chase to raise up to $1 billion in debt financing. This move, reported by Bloomberg, signals the company’s aggressive push toward a potential initial public offering (IPO) as early as 2026. Furthermore, the platform is also weighing an equity raise, though details remain fluid.…
In March 2022, hackers pulled off one of the largest digital heists in history, stealing $625 million from Ronin Network, a blockchain platform powering the hit game Axie Infinity. The attack exposed critical vulnerabilities in decentralised finance (DeFi), leaving investors and gamers scrambling. As the dust settled, questions arose: How did this happen? Who was behind it? And what does…
As Asia accelerates into blockchain’s next era, China Pacific Insurance (CPIC) Investment Management has unveiled a $100 million tokenised money market fund. Developed with digital asset firm HashKey, the fund signals a bold leap into real-world asset (RWA) tokenisation, a sector growing 500% globally in just one year. Why Tokenise? CPIC Bets on Blockchain’s Speed and Reach Behind this move…
Trump Media & Technology Group (DJT) announced their partnership Monday with Crypto.com to launch a series of exchange-traded funds (ETFs). The collaboration aims to blend digital assets like Bitcoin with traditional securities, emphasising a “Made in America” theme. Scheduled for a late 2024 rollout, these ETFs will operate under Truth.Fi, TMTG’s financial tech subsidiary. Following this, DJT stock surged 9%…
In a bold leap toward modernising real estate transactions, Japan’s Open House Group has announced it will accept XRP, Solana (SOL), and Dogecoin (DOGE) for property purchases. The move, effective immediately, positions the Tokyo Stock Exchange-listed giant among the first major real estate firms globally to integrate these cryptocurrencies. This expansion follows the company’s January 2025 decision to adopt Bitcoin…
Pakistan’s newly formed Crypto Council has sparked intrigue with a proposal that could reshape its economic future. Behind closed doors, policymakers and tech leaders debated an unexpected solution to two pressing challenges: energy waste and financial innovation. Harnessing Surplus Power Pakistan’s electricity grid frequently produces excess energy, much of which goes unused due to ageing infrastructure or low demand. Bilal…
Tether (USDT) has long been the leading stablecoin in the crypto market, providing traders and investors with a reliable way to move funds quickly without the volatility associated with traditional cryptocurrencies. However, as regulatory scrutiny on stablecoins intensifies worldwide, questions arise about the future of USDT and whether regulations could impact its dominance. The Role of USDT in the Crypto…
In a bold financial move, tech giant Strategy (MSTR) has ignited speculation with a massive $711 million capital raise. While details remain under wraps, insiders hint the move ties directly to its aggressive cryptocurrency strategy. The announcement comes as Bitcoin hovers near $84,000, with their massive Bitcoin holdings set to reach 500K. Why Strategy Doubled Down on Bitcoin The company’s…
A serial tech entrepreneur who once revolutionised cryptocurrency is now racing toward the stars. Behind closed doors, Jed McCaleb, who co-founded both Ripple and Mt. Gox, is quietly steering his latest venture into uncharted territory. His goal? To redefine humanity’s future in space. With a track record of high-risk, high-reward bets, McCaleb’s newest project could either cement his legacy or…
A high-profile figure in the crypto world faces prison time after cutting a deal with U.S. authorities. The case, shrouded in allegations of financial deception, exposes shadowy practices rattling digital asset markets. While details remain under wraps, the plea marks a pivotal moment in regulators’ battle against crypto crime. Behind the Plea Deal Aleksei Andriunin, 26, chose cooperation over a…
A surprising alliance is shaking the cryptocurrency world. Metaplanet, a Tokyo-based investment firm, has quietly added a prominent U.S. figure to its inner circle. While details remain under wraps, insiders confirm this move aims to accelerate the company’s ambitious Bitcoin strategy. Sources hint at global influence, financial expertise, and a shared vision for digital assets driving the partnership. Metaplanet’s stock…
Dubai quietly launches a groundbreaking pilot that could reshape global property markets. Here’s what you need to know. Dubai’s Blockchain in Property Ownership Dubai has launched a new pilot program to convert real estate into digital tokens, positioning itself as the Middle East’s blockchain centre. This will be spearheaded by the Dubai Land Department (DLD). The initiative aims to use…