Crypto News
Binance Founder CZ Hits Back at ‘Smear’ Allegations He Gave Evidence Against Justin Sun in Plea...
Citing unnamed sources, WSJ reported Friday that CZ committed to testifying against Sun in exchange for leniency.Source link
Barron’s: Anchorage Digital Subject of Homeland Security Probe
On Monday, Barron’s reported that Anchorage Digital, the cryptocurrency-focused financial institution, has allegedly drawn scrutiny from a specialized division within the U.S. Department of Homeland Security. Report Claims Anchorage Digital Faces DHS Probe The El Dorado Task Force (EDTF), a financial crimes unit targeting illicit monetary flows, is said to be scrutinizing the bank. Barron’sSource link
Nomura’s Laser Digital Denies Involvement in Mantra Crash
Switzerland-based trading firm Laser Digital, which is part of the Nomura Group, has denied any involvement in the Mantra token flash crash that saw OM lose lose 90% of its value."Assertions circulating on social media that link Laser to 'investor selling' are factually incorrect and misleading," the firm wrote on X.Laser Digital went on to share its controlled Mantra wallet addresses, none of which show deposits to exchanges or selling activity.Speculation remains rife over why OM collapsed so violently. The Mantra team insist it was due to wider market pressures and centralized exchanges forcibly closing positions, which led to a liquidation cascade.OKX stated that the price volatility occurred due to a spike in trading volume coupled with an initial price...
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 itself to compete more directly with platforms like Robinhood (HOOD).The move expands Kraken's business as a growing list of U.S. crypto companies aiming to go public on U.S. exchanges — joining the likes of Coinbase (COIN), Marathon Digital (MARA), and Bitdeer (BTDR), among others.The Kraken stock trading rollout begins in 10 U.S. jurisdictions including New Jersey, Connecticut and Alabama, with plans to expand access across the country and to international markets such as the U.K., Europe and Australia. Clients in these states can now buy and sell equities...
QCP Capital: Markets Stabilize Amid US-China Tariff Escalation
QCP Capital reports that despite escalating U.S.-China tariffs, global risk assets, including bitcoin, are stabilizing as markets adjust to the new economic landscape. Bitcoin Range-Bound Amid Trade Tensions, QCP’s Market Insights Note According to QCP Capital, financial markets appear to be absorbing the shock of intensified U.S.-China trade tensions, with risk assets showing signs ofSource link