On April 15, a significant outage within Amazon Web Services (AWS) rattled the crypto industry, momentarily paralyzing essential platforms like Binance and KuCoin. While tech giants tout the security and reliability of their systems, this incident has laid bare the critical vulnerabilities inherent in centralized infrastructures. The reliance on a single provider for essential operations
Exchanges
Kraken’s latest move to offer access to over 11,000 US-listed stocks and exchange-traded funds (ETFs) represents a watershed moment in the financial landscape. With its robust reputation in the crypto realm, this innovative transition into traditional finance not only broadens its service portfolio but also fundamentally alters how everyday investors will engage with multiple asset
On April 13, the cryptocurrency community was stunned as the OM token, the lifeblood of the Mantra blockchain, plummeted from a respectable $6.30 to an alarming low of $0.50 in mere hours. This cataclysmic drop obliterated over $5 billion from its market capitalization, crashing it from a robust $6 billion down to a scant $530
The financial landscape is undergoing radical transformation as institutional investors begin to embrace cryptocurrencies and tokenized asset structures, a shift that earlier seemed implausible just a few years ago. Standard Chartered, in partnership with OKX and Franklin Templeton, has unveiled a groundbreaking pilot trading platform that allows institutional clients to utilize crypto and tokenized money
South Korea’s current crypto regulation, which mandates a one-to-one relationship between a cryptocurrency exchange and a banking partner, is outdated and hinders innovation. Instituted under the guise of anti-money laundering measures in 2018, this rule may have had merit in its inception, yet it has devolved into a significant barrier to progress in a rapidly
In an era where the digital currency landscape is rapidly evolving, significant moves from established players can set the stage for future developments. The recent listing of SUN (SUN) on Kraken, a titan among cryptocurrency exchanges, illustrates this perfectly. As a core governance token for the SUN.io platform, this addition to Kraken symbolizes not just
In a striking power play, BlackRock has taken a decisive step in fortifying the custodial structure of its iShares Bitcoin Trust (IBIT) by formalizing a partnership with Anchorage Digital Bank N.A. as an additional custodian. This strategic maneuver, unveiled through an April 7, 2025, Form 8-K filing, signals an important evolution in the way major
In an unexpected twist, Nigeria’s Federal Inland Revenue Service (FIRS) is pursuing a monumental $81.5 billion from Binance, comprising $2 billion in back taxes and an astronomical $79.5 billion for alleged economic damages. This alarming figure raises questions not just about Binance’s operations in Nigeria, but also about the broader implications for cryptocurrency platforms operating
Coinbase Derivatives is making waves in the crypto community with its recent filing to introduce XRP futures contracts to the marketplace. Scheduled to possibly launch as early as April 21, 2025, this development isn’t merely a minor update; it signals a strategic pivot that could redefine investor engagement with the digital asset. The self-certification process
In the complex world of decentralized finance (DeFi), JUST (JST) is making waves after its newly minted listing on Kraken. This isn’t merely a logistical update; it’s a definitive indication of how robust and innovative the JUST ecosystem is. With its foundation built on the TRON network, JUST isn’t just another player in the DeFi
