Crypto

Crypto Exchange Kraken Launches FX Perpetual Futures, Offers 24/7 Trading in Forex Majors

Crypto exchange Kraken has launched FX perpetual futures, expanding into traditional markets with round-the-clock trading for major forex pairs, the company said in a blog post Friday. The first contracts, EUR/USDand GBP/USD, are now live on Kraken …

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Crypto Casino Founder Richard Kim Arrested After Gambling Away Investor Funds

Richard Kim, the founder of crypto casino Zero Edge, was arrested on Tuesday following allegations that he had gambled away investors’ funds. According to an FBI complaint filed on Tuesday in the Southern District of New York, Kim “fraudulently …

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Crypto Stock Tracking ETF Coming Soon From VanEck

VanEck is bringing an actively-managed exchange-traded fund (ETF) tracking digital asset stocks to the market after receiving approval from the U.S. Securities and Exchange Commission (SEC). The VanEck Onchain Economy ETF (NODE) will aim to hold 30 …

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The Protocol: Nvidia To Manufacture AI Supercomputers in U.S., New Opportunities for Crypto Miners

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk and Sam Kessler, reporters on CoinDesk’s Tech team. In this issue: Can Ethereum Be Truly Private? Developers …

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Neutrl Raises $5M to Tokenize a Popular Hedge Fund Altcoin Trade

Novel decentralized finance (DeFi) protocol Neutrl aims to bring a hedge fund trade — evvel limited to sophisticated investors — to the masses in the form of a crypto token. The protocol is launching its NUSD “synthetic dollar” token …

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Coinbase Revenue, Trading Outlook Hit by Tariff Tensions: Oppenheimer

Crypto exchange Coinbase (COIN) is facing a weaker outlook as uncertainties introduced by President Donald Trump’s on-and-off tariff threats cast a shadow over retail crypto activity, analysts at Oppenheimer wrote in a report. The investment bank cut …

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Resolv Labs Raises $10M as Crypto Investor Appetite for Yield-Bearing Stablecoins Soars

Resolv Labs, the firm behind the $450 million decentralized finance (DeFi) protocol Resolv, has closed a $10 million seed round to expand its crypto-native yield platform and USR stablecoin, the team told CoinDesk in an exclusive interview. The …

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Crypto Winter Appears to Have Arrived With Bitcoin, Top 50 Tokens Falling Into Bear Market Territory: Coinbase Institutional

The crypto bull run may have ended, with the market poised for a winter characterized by prolonged losses and stagnation, according to Coinbase’s institutional arm. “The 200DMA model on bitcoin does suggest that the token’s recent steep decline …

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OKX to Expand to the US, Establish Regional HQ in California

Seychelles-based cryptocurrency exchange OKX is expanding to the U.S., establishing a new regional headquarters in San Jose, California and rolling out access to its platform and its native OKX Wallet to U.S.-based crypto traders. In a Tuesday …

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Tether, Galaxy, Ledn Dominate CeFi Crypto Lending as DeFi Borrowing Soars, Research Shows

The crypto lending market is still a shadow of its former size preceding the brutal 2022-2023 crypto winter, but beneath the surface, signs of recovery are emerging, especially in the decentralized corner of the space, digital asset investment firm …

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