Author: driver789
Kraken has confidentially filed for an initial public offering, co-CEO Arjun Sethi said Tuesday at Semafor World Economy in Washington, D.C., confirming earlier reports. The disclosure marks a renewed step toward public markets after earlier plans were paused amid volatile crypto conditions. The San Francisco-based exchange was valued at $13.3 billion in an April funding round, down from a $20 billion peak in late 2025, according to Semafor. The round included backing from major investors such as Citadel Securities and reflected shifting sentiment across digital asset markets. Sethi said Kraken aims to bring institutional-grade trading tools to retail users. He…
Ripple has partnered with Kyobo Life Insurance, one of South Korea’s largest life insurers, to pilot blockchain-based settlement of government bonds, as Seoul moves to formalize rules for tokenized securities.Ripple Custody, Ripple’s digital asset custody solution, will support the issuance, storage and settlement of tokenized government bonds, the company said in a Wednesday announcement. The companies will also explore tokenized treasury settlement across Korea’s financial system.The project aims to replace traditional bond settlement processes, which often rely on multiple intermediaries and two-day settlement cycles, with onchain execution that enables near real-time settlement. This change could reduce counterparty risk and improve…
Ripple has partnered with Kyobo Life Insurance, one of South Korea’s largest life insurers, to pilot blockchain-based settlement of government bonds, as Seoul moves to formalize rules for tokenized securities.Ripple Custody, Ripple’s digital asset custody solution, will support the issuance, storage and settlement of tokenized government bonds, the company said in a Wednesday announcement. The companies will also explore tokenized treasury settlement across Korea’s financial system.The project aims to replace traditional bond settlement processes, which often rely on multiple intermediaries and two-day settlement cycles, with onchain execution that enables near real-time settlement. This change could reduce counterparty risk and improve…
Bitmine Immersion Technologies has turned itself into the Ethereum version of Strategy, doubling its outstanding shares in six months and raising over $10 billion in equity to amass nearly 5% of all ether (ETH) in existence. It reported a $3.8 billion quarterly net loss in Tuesday’s 10-Q filing, with share count (common stock) going from 232 million to nearly 494 million between August 31 and February 28.Additional paid-in capital jumped from $8.36 billion to $18.55 billion over the same period, and those funds went straight into ETH.As of April 12, Bitmine held 4.87 million ether at an average cost of…
XRP flips green after a 63% wipeout as retail fear hits a 2-year extreme – now one Wall Street metric is spiking – BitRss
Following a punishing multi-month drawdown that has wiped out 63% of its value and tested investor conviction, XRP ($1.36 · Live) has orchestrated a decisive market reversal in April. The token’s rebound is being driven by a rare alignment of institutional privacy upgrades, massive retail integration in Asia, and a sudden resurgence in demand for exchange-traded funds. According to Cryptorank’s data, the digital asset is currently on pace for its first positive monthly close since September 2025. Boosted by an improved macroeconomic appetite for risk assets, XRP is up more than 2% for the month of April to $1.35 as…
During the last bull market, in what is popularly known as the Solana meme coin season, a number of new cryptocurrencies made their way to the forefront. These digital assets had gone from market caps in the tens of millions to cross the billion-dollar market cap, sometimes in only a matter of months. Due to their rapid growth rate, these meme coins have quickly garnered a wide holder base. However, as the bear market has rolled around, these billion-dollar meme coins have crashed by a large margin, completely eliminating the majority of their gains. POPCAT Meme Coin Goes From $2…
A new panel has officially been announced for Bitcoin 2026 titled “Is Bitcoin Still A Sovereign Tool?” featuring Matt Odell, Bruce Fenton, Luke Rudkowski, and BTC Sessions. The conversation will bring together these four voices who have spent years examining the intersection of Bitcoin, individual freedom, institutional adoption, and whether Bitcoin is staying true to its original ethos as adoption accelerates. Matt Odell is an entrepreneur, podcaster, and venture capitalist best known for his Bitcoin privacy advocacy and working in freedom technology education for over a decade with guides, workshops, and even training activists on how to use Bitcoin. He…
Switzerland’s Crypto Valley captured 47% of European blockchain venture funding in 2025, raising $728 million across 31 deals, according to an annual report released Wednesday by venture firm CV VC.Globally, blockchain venture funding rose 30% to $15.5 billion across 986 deals last year, while Crypto Valley’s total climbed 37% from $531 million in 2024, the report said.One deal did much of the heavy lifting. The Open Network (TON) accounted for $400 million of Crypto Valley’s 2025 funding haul, followed by Sygnum Bank at $58 million, stablecoin platform M0 at $40 million, Impossible Cloud Network at $34 million and CratD2C at…
Ether/Bitcoin oranında üç ayın zirvesi, Ethereum ağındaki rekor hareketlenmeyle geldi – BitRss
Ether/Bitcoin oranında üç ayın zirvesi, Ethereum ağındaki rekor hareketlenmeyle geldi – BitRss – Crypto World News Coin-Turk 25 minutes ago 9 🚀 ETH ($2,318.56 · Live)/BTC ($74,010.00 · Live) oranı üç ayın zirvesinde, Ethereum ağı rekor kullanıcıya ulaştı. Ethereum işlem hacmi ve stabilcoin girişlerinde tarihi artış görüldü. Devamını Oku:Ether/Bitcoin oranında üç ayın zirvesi, Ethereum ağındaki rekor hareketlenmeyle geldi Ether/Bitcoin oranında üç ayın zirvesi, Ethereum ağındaki rekor hareketlenmeyle geldi yazısı ilk önce COINTURK üzerinde ortaya çıktı. BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite Homepage International Ether/Bitcoin oranında üç ayın zirvesi,…
XRP is pushing higher again, with volume confirming the move, but it still has to prove this is more than a short-term breakout. The rally is holding for now, and the addition of real-world usage through Rakuten gives it a stronger narrative than recent moves.News Background• Japan’s e-commerce giant Rakuten is integrating XRP into its payments app, allowing 44 million users to spend it across more than 5 million merchants. Users can also buy XRP using loyalty points and hold it within Rakuten Wallet, embedding the token into a major consumer ecosystem.• The move ties XRP into one of Japan’s…