Bitcoin firm Nakamoto owes Kraken $165 million, more than its entire market value
About 70% of the bitcoin treasury firm’s coins are pledged to the exchange, bought at roughly $118,000 each, and bitcoin now trades under $69,000.
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About 70% of the bitcoin treasury firm’s coins are pledged to the exchange, bought at roughly $118,000 each, and bitcoin now trades under $69,000.
Recent rapid redemptions explain the market swoon. Bitcoin's spot price fell below $70,000 on Friday, the lowest since August.
A deal could be announced as soon as December, putting $2.1 billion of bitcoin under one roof, a sliver of what the combined group would be worth.
The crypto market selloff gathered pace early Friday. Bitcoin dropped below $70,000 and ether traded below $2,000, triggering large liquidations in futures market.
Federal authorities say they've taken infrastructure used in the FaceStealer scheme used to steal as much as $400 million in crypto assets.
U.S. President Donald Trump has named two potential commissioners each to the Securities and Exchange Commission and Commodity Futures Trading Commission.
Trump Jr. joined Kalshi as a strategic adviser in January 2025, helping the prediction market expand its customer base and strengthen its market presence.
The legal battle to head off the crypto transaction tax in Illinois has drawn up a hefty roster of industry opposition, and they're saying the tax won't work.
The securities infrastructure giant plans to bring tokenized stocks, ETFs and U.S. Treasuries to Solana as it expands next year's roadmap beyond Stellar and Arc.
Crypto for Advisors: The blockchain built to run financial markets
OSL offers a yield on USDGO only to professional investors, but Jupiter said its market lets other holders earn onchain at rates set by borrower demand.
The best thing industry leaders can do is to invest the time to ensure this country’s policymakers can experience the technology they’re regulating up close, writes Allie Page, executive director of American Innovation Project.