Kadena Foundation Calls It Quits—But the Blockchain Marches On In a stunning move that’s sent ripples through the crypto community, the Kadena Foundation has announced it will cease operations. Many in the space might worry this spells disaster, but not so fast—the Kadena blockchain itself isn’t going anywhere. The network will continue to hum along,…
SpaceX Transfers $257 Million in Bitcoin, Sparking Fresh Debate on Crypto Ambitions SpaceX, the trailblazing aerospace company founded by Elon Musk, has moved a staggering $257 million in Bitcoin—its second major transfer in the past three months. The transaction, tracked via labeled wallets by blockchain researchers, is fueling intense speculation: Is the private space giant…
Crypto Bets Are In: Prediction Markets Brace for Marathon Government Shutdown If you thought government shutdowns were old news, think again! The latest numbers from crypto-powered prediction markets like Kalshi and Polymarket are flashing red, with traders betting big that the next federal shutdown could last over 40 days. That’s right, these platforms are predicting…
Galaxy Digital’s Q3 Profit Hits $505M on Surging Crypto Trading and Institutional Demand Galaxy Digital, a leading crypto-focused financial services firm, has reported a massive surge in third-quarter profits, bringing in $505 million as trading volumes soared by 140%. The company’s latest results signal that big-money players and institutional investors are piling into the cryptocurrency…
Crypto’s “Decentralized” Facade Crumbles During AWS Outage Crypto fans love to tout decentralization as the industry’s superpower, but that claim took a major hit during the recent AWS outage in October. When Amazon Web Services went down, a wave of chaos swept through some of the biggest names in crypto. Trading platforms, NFT marketplaces, and…
Binance’s $33 Million Charity Offer Turns Into Political Controversy in Malta What was meant to be a generous act of support from Binance, one of the world’s largest cryptocurrency exchanges, has morphed into a heated political issue in Malta. The country’s Finance Minister, Clyde Caruana, backed the government’s decision to reject Binance’s $33 million charity…
Aave Surges Past $230 as New Partnership Shakes Up DeFi Crypto watchers, take note—Aave just made a major move that’s sending ripples through the decentralized finance (DeFi) sector. The popular lending protocol has not only rebounded above the $230 mark, but it’s also doubling down on its ambitions by expanding its collateral assets with Maple…
Citi Throws Its Weight Behind Bitcoin Strategy Wall Street is once again making waves in the crypto world. Citi, one of the globe’s most influential banks, just gave its stamp of approval to Strategy by initiating coverage with a “buy/high risk” rating and a bold $485 price target. This move comes as institutional confidence in…
A major CNN investigation found hundreds of criminal reports tying scams to cryptocurrency ATMs — the cash-to-crypto kiosks you can find in convenience stores and gas stations — and showed that some operators, including prominent firms, profit from those transactions even as victims struggle to recover funds. How the scam works Scammers typically call or…
Coinbase Spends $25 Million on NFT to Bring Back UpOnly Podcast from Crypto’s Glory Days The crypto world is buzzing again as Coinbase, the leading U.S.-based cryptocurrency exchange, made a bold move this week by investing a staggering $25 million to revive the once-popular crypto podcast, UpOnly. Their tool for the comeback? Coinbase purchased a…
