Crypto News

Kraken Secures $500M Funding Round As It Hits A $15 billion Valuation Ahead Of IPO Plans

Kraken, one of the longest-standing cryptocurrency exchanges globally, has raised a $500 million funding round that gives the company a $15 billion valuation.  The financing,...

Telegram-Focused AlphaTON Caps $71M Financing, Secures Initial TON Tokens To Build Treasury

AlphaTON Capital Corp said today it closed two financings and used part of the proceeds to buy about $30M worth of TON tokens, setting...

Google Purchases 5.4% Stake In Crypto Mining Company Cipher, Inks A $3B AI Hosting Pact

Cipher Mining and Fluidstack agreed on a 10-year deal for AI hosting that will see Cipher deliver 168 MW of critical IT load at...

Griffin AI Hit By Mint-And-Dump Hack, $GAIN Falls 85% As Fake LayerZero Peer Lets Attacker Mint 5B Tokens

Griffin AI’s native token GAIN collapsed by about 85% after an attacker created a whopping 5 billion extra tokens and sold a large tranche...

USDC Issuer Circle Eyes Fraud-Resistant Reversible Transactions, Sparks Centralisation Concerns

Circle, the issuer behind $74 billion in USDC, is weighing a way to allow refunds on some stablecoin payments, the company said in an...

Maryland Department of Transportation Gets Hacked, Hackers Sell Sensitive Data For Auction At $3.4M In Bitcoin

The Maryland Department of Transportation (MDOT) has indicated that it suffered a cybersecurity incident that resulted in sensitive data loss, and that data is...

Redotpay Valued at $1B Attains Unicorn Status After Securing $47 Million Funding Round

RedotPay, a stablecoin payment company, has made its way onto the list of fintech unicorns after achieving an impressive $47 million round of strategic...

US Lawmakers To Examine Long-Awaited Digital Asset Tax Rules In October Hearing

The Senate Finance Committee will hold a hearing next week on how digital assets should be taxed. The session is set for Wednesday and...

Nasdaq Listed Australian Fitness Company Fitell Shares Drop 21% After $10 Million Solana Purchase

Fitell, an Australian fitness equipment firm listed on Nasdaq, saw its stock drop 21% on Wednesday after announcing it invested $10 million in Solana...

US Ohio State Government Advances Initiative To Accept Cryptocurrency For State Payments

Ohio has made a groundbreaking move towards using cryptocurrency in public finance, as the Ohio State Board of Deposit unanimously authorized a vendor to...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...