Crypto

Kraken Now Offers U.S. Stock, ETF Trading as it Preps for Possible IPO

Crypto exchange Kraken has begun offering commission-free trading for U.S.-listed stocks and exchange-traded funds (ETFs), opening access to traditional financial markets from within the same platform it uses for cryptocurrencies and positioning …

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Google to Restrict Crypto Ads in EU to MiCA-Licensed Firms

Search giant Google will only allow cryptocurrency exchanges and software wallets to advertise in the European Union if they hold a license under the EU’s Markets in Crypto-Assets (MiCA) regulation, starting April 23, the company announced Monday …

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Mantra’s OM Crashes 90% in Bizarre Selloff as Team Alleges ‘Forced Liquidations’

Crypto traders were reminded of Terra’s LUNA early Monday as trendy real-world asset upstart Mantra’s OM token dropped 90% within hours on no sudden catalyst — with conspiracy theories and allegations running abound among crypto circles. OM plunged …

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Gold ETF Inflows Hit Three-Year High as PAXG, XAUT Outperform Wider Crypto Market

As traditional gold markets heat up, crypto investors are following suit—flocking to tokenized versions of the precious metal that offer both price exposure and digital flexibility. Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold …

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Where Top VCs Think Crypto x AI Is Headed Next

The proliferation of mainstream artificial intelligence (AI) tools in the last couple of years has stirred the crypto and blockchain industry to explore decentralized alternatives to Big Tech products. The synergy between AI and blockchain is built …

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‘A Joke Wrapped in Volatility’: Fartcoin Rallies Absurd 300% Defying Global Market Carnage

April—a month marked by extreme market volatility—saw intensifying U.S.-China tensions and a broad selloff in küresel markets that led to panic selling of almost all asset classes. Amid the chaos, one of the most improbable winners emerged from the …

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More SEC Case Updates

Late Friday, attorneys with the U.S. Securities and Exchange Commission and Binance filed a joint status report asking a federal judge to continue a 60-day pause in the case for another 60 days. You’re reading State of Crypto, a CoinDesk newsletter …

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U.S. SEC’s Crypto Trading Roundtable Delves Into Easing Path for Platforms

WASHINGTON, D.C. — The U.S. Securities and Exchange Commission could consider a short-term crypto oversight framework to allow firms to keep innovating while the agency works out a more permanent answer to digital assets regulation, interim Chairman …

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Crypto Valley Exchange Bets ‘Smart Clearing’ Is DeFi Derivatives’ Missing Link

The complex pipes that keep derivatives trades moving are about to get a major efficiency boost in DeFi, according to Crypto Valley Exchange. Crypto Valley Exchange’s “smart clearing” protocol will lower the capital requirements for …

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APX Lending Secures $20M Funding Amid ‘Rising Demand’ for Crypto-Backed Loans in Canada

Crypto-backed loan provider APX Lending has secured a $20 million accordion facility from Cypress Hills, a private credit investment firm. An accordion facility is a provision that allows a borrower to increase their borrowing without renegotiating …

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