Kraken’s parent company Payward alleges $25 million crypto custody fraud in lawsuit against Etana and firm’s CEO
The crypto exchange claims client funds were misused, commingled and concealed in a “Ponzi-like” scheme that unraveled amid a liquidity crisis.
CFTC Faces Strong Backing as Prediction Market Rule Draws 1,500 Comments
The Commodity Futures Trading Commission (CFTC) obtained more than 1,500 written communications about its prediction market rulemaking proposal, which greatly reflects the industry’s as well as the public’s strong interest in the regulatory future of event contracts. The comments show a split industry with top blockchain-based prediction platforms supporting the rulemaking, while other commenters call
Kraken Parent Seals Bold 2026 Bitnomial Acquisition, Gains Full CFTC Licenses
Payward, the parent company of crypto exchange Kraken, has completed its acquisition of Bitnomial, thereby opening a CFTC regulated route to provide crypto derivatives in the U.S. This acquisition has positioned Payward as a domestic digital asset derivatives provider that is fully licensed, which is a significant move in the offering of institutional and retail
Ethereum News: Galmsterdam Cuts Fees to Almost Zero as ETH Fighting $2,400 Resistance
Ethereum is trading near $2,350 as the Glamsterdam news update started to spread like wildfire. The upgrade is attracting huge attention, and the fee implications could reshape how retail users experience Ethereum’s L1. Glamsterdam targets increasing the gas limit from 60 million today to almost 200 million, more than tripling layer-1 execution capacity. The upgrade […]
Trump Just Launched Project Freedom to Escort Ships Through the Strait of Hormuz And Bitcoin Hit $80,000
Bitcoin price surged to a four-month high of $80,529 on Monday, May 4, breaking through the $80,000 resistance level hours after President Donald Trump announced Project Freedom, an initiative to escort foreign cargo ships through the Strait of Hormuz amid escalating U.S.-Iran tensions. The breakout is not purely geopolitical. Bitcoin Spot CVD data showing aggressive […]
This Signal Has Predicted Every Bitcoin Bottom, Here’s What It’s Saying Now
Crypto analyst Tice has pointed to a signal that has predicted every Bitcoin bottom in each bear cycle. Based on this, the analyst suggested that the flagship crypto may again be forming a bottom just as the price looks to break above the psychological $80,000 level. The Signal That Has Predicted Every Bitcoin Bottom Is […]
Bitcoin surged to $80k because of an Asia-led AI trade as BTC breaks from US equity correlation
Bitcoin reclaimed $80,000 on May 4 as Asian equities pushed toward records on the AI trade, with Korea and Taiwan leading the advance and Nasdaq 100 futures also pointing higher. The correlation creates a potential portfolio problem for ordinary holders. Bitcoin now reacts differently at different times to the same switch, moving chip shares, tech […]
David Schwartz Presents a Question That Stumps the XRP Community, What’s the Answer?
The Ripple and XRP community was shaken by the words of Ripple and XRP CTO, David Schwartz. This led to an intense discussion that divided the XRP community into two factions, a split that led to steady building on one side, and confusion and second-guessing on the other. As Davis Schwartz presents a question that […]
Ethereum (ETH) at a Crossroads: Another Rejection or This Time It Will Be Different?
The cryptocurrency market witnessed a solid rebound over the past 24 hours, with Ethereum (ETH) briefly rising to almost $2,400 before it was stopped after reports that Iran had hit a US Navy vessel. However, the bears intercepted the move, and the asset headed south in the last few hours, while some analysts suggest a […]
Kraken parent Payward closes $550 million Bitnomial deal, securing full CFTC derivatives stack
The deal gives Payward a full CFTC-regulated derivatives stack in the U.S.
Ethereum Grinds, Aave Bleeds, BlockDAG Builds: Casino Launch May 7 Sparks the Best Crypto to Buy Hunt
Some weeks, the crypto market drifts. Other weeks, it cracks open and reveals exactly which projects are built to last. The Ethereum price today reflects a market squeezed by Fed pressure, with ETH slipping under $2,250 as macro tightness weighs on every digital asset. Meanwhile, the Aave price has crashed to multi-year lows after the […]
Laywer pops up on Arbitrum DAO forums seeking funds for victims of decades-old North Korean terrorist acts
Families holding decades-old judgments against North Korea are trying to seize 30,765 ETH frozen after last month’s rsETH exploit, citing alleged links between the attack and DPRK-linked hacking groups such as Lazarus, and invoking a New York restraining notice that could block Arbitrum from releasing the funds.