KRAKacquisition Corp. , a fresh face in the world of special purpose acquisition companies (SPACs), is making waves with a bold plan. This new venture, backed by an affiliate of the popular crypto exchange Kraken, is setting its sights on a $250 million public offering. The company, registered in th
President Trump recently shared his thoughts on his family's international business dealings. He made it clear that he doesn't see a problem with these ventures, even if they raise eyebrows about potential conflicts of interest. Trump pointed out that during his first term, his family scaled back on
Hut 8, a Bitcoin mining company, is doing well even when others are struggling. They got a bigger credit line from Coinbase, up to $200 million. This money will help them with everyday business needs. They also made a big deal with Fluidstack, an AI cloud platform, to provide energy for an AI data c
In a twist that has the crypto world buzzing, the US government is pushing back against a request from the DeFi Education Fund to weigh in on a high-stakes retrial. The case revolves around two brothers, Anton and James Peraire-Bueno, who are accused of pulling off a $25 million heist on the Ethereu
Senator Cynthia Lummis, a strong supporter of cryptocurrency, recently shared that she won't be running for reelection in 2026. This news has sparked a wave of reactions from the crypto community. Lummis has been a key figure in shaping crypto policies in the US, earning respect from many in the ind
In a bold move, several crypto organizations have stood up against Citadel Securities' push for stricter rules on decentralized finance (DeFi), particularly when it comes to tokenized stocks. The clash began when Citadel sent a letter to the Securities and Exchange Commission (SEC), urging them not
In 2025, the crypto world saw some wild ups and downs. Bitcoin hit a new high of $126, 000, and Ethereum got two big upgrades. Solana even made its way to Wall Street. More people, both regular and big-time investors, got into crypto through things like exchange-traded funds. The U. S. became a majo
Citadel Securities, a major player in traditional finance, has asked the U. S. Securities and Exchange Commission (SEC) to take a closer look at decentralized finance (DeFi) systems. They believe some DeFi platforms, especially those dealing with tokenized U. S. stocks, might be doing things similar
The finance world is changing. A big company, BlackRock, is now saying that tokenization could bring together old-school finance and new crypto ideas. BlackRock's boss and another top leader wrote about this. They think tokenization won't replace the old system soon. But it could help mix the two w
A recent presidential pardon for a wealthy businessman has sparked a debate. Changpeng Zhao, the founder of Binance, the world's biggest cryptocurrency exchange, was pardoned after his company helped a Trump family business. Zhao had pleaded guilty to serious crimes and paid a huge fine. He even spe
