Explore the intersection of cryptocurrency and traditional finance with the latest news, analysis, and insights on digital assets and global markets.
Finance
Global crypto trading activity cooled sharply in November, with spot volumes across centralized exchanges dropping to 1.59 trillion dollars, the lowest level since June. The figure marks a 26.7 percent slide from October’s 2.17 trillion dollars, according to data. Binance held its position as the industry’
Finance
Balancer has outlined a plan to return roughly 8 million dollars in recovered assets to users affected by a major security breach earlier this month. The decentralized exchange faced a serious exploit in early November, when attackers drained more than 128 million dollars from its V2 Composable Stable Pools. In
Finance
Ethereum has raised its block gas limit from 45 million to 60 million, a shift that reflects growing demand across the ecosystem and a coordinated push from developers and decentralized finance users. Data from GasLimit.pics shows the change took effect on Nov. 25 after more than half of network
Finance
KakaoBank has taken a clear step forward in its push into digital finance, moving its Korean won-pegged stablecoin project from planning to active development, according to a Wednesday report from Newspim. The shift is also reflected on the bank’s official website, where new job listings seek blockchain backend developers
Finance
Robinhood is preparing to expand its footprint in prediction markets by launching a new derivatives exchange through a joint venture with Susquehanna International Group. The move marks one of the company’s most ambitious pushes into regulated futures and derivatives trading. In an announcement on Tuesday, Robinhood said the venture
Finance
Stablecoin issuer Paxos is widening its footprint in the crypto infrastructure space after acquiring Fordefi, a digital asset custody and wallet technology company. The deal, reported by Fortune to be worth more than 100 million dollars, marks Paxos’s latest move to sharpen its focus on secure, institutional-grade blockchain services.
Finance
Kraken is widening the scope of its Krak money app, rolling out a cashback debit card, salary deposit options, and new onchain yield tools in a bid to compete with both traditional banks and modern neobanks. The company says the upgrades are part of a larger push to make Krak
Finance
Tokyo-based digital assets firm Metaplanet has taken out another $130 million loan backed by its bitcoin reserves, continuing its steady push to grow its crypto-focused balance sheet and income strategy. The move builds on the company’s existing $500 million credit facility, from which it has now used a total
Finance
Exodus Movement is making a major push into crypto payments with a plan to buy W3C Corp and its subsidiaries Baanx and Monavate for 175 million dollars. The self-custody wallet provider said the move will help it build a full payments stack that connects wallets to real-world spending. The deal,
Finance
JPMorgan has reset its outlook for the bitcoin mining sector, signaling what it calls a more confident phase in the industry’s move toward high-power compute and cloud services. The update includes upgrades for Cipher Mining and CleanSpark, along with trimmed targets for several of the largest legacy miners. Analysts
Finance
Franklin Templeton has added a new product to its digital asset lineup with the launch of its XRP-focused exchange traded fund, XRPZ. The fund began trading Monday on NYSE Arca and is designed to track the market price of XRP, one of the largest cryptocurrencies by market value. Roger Bayston,
Finance
Dogecoin’s steady climb from internet inside joke to a recognized digital asset took another step forward this week. Grayscale has officially launched the Grayscale Dogecoin Trust ETF, a fund that will trade under the ticker GDOG on NYSE Arca. The product began as a private placement in January and