Bloomberg (Crypto)
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Crypto Exchange Kraken Says Revenue Doubled in the Third Quarter
Cryptocurrency exchange Kraken says revenue more than doubled in the third quarter, as the company gears up for a public listing in the US next year....
Siemens and B2C2 Adopt JPMorgan’s Blockchain-Based FX Platform
Industrial giant Siemens AG and digital assets market maker B2C2 have started using JPMorgan Chase & Co.’s blockchain-based platform for foreign exchange payments, as deployment of the technology by l...
Asia’s Biggest Stock Exchanges Push Back Against Companies Hoarding Crypto
Three of Asia Pacific’s biggest stock exchanges are pushing back against crypto hoarding vehicles masquerading as listed companies....
Altcoins Stuck Below Post-FTX Low as Crypto Risk Appetite Sinks
The crypto market is stuck in post-liquidation limbo less than two weeks after a nearly $20 billion selloff triggered the largest single-day washout in the industry’s history....
Crypto Firm Near Deal for Top of Brookfield’s New London Tower
Crypto firm Ripple Labs Inc. is in talks to lease the upper floors of Brookfield Corp’s newest London skyscraper, some of the most expensive office space currently available in the UK capital’s main f...
Retail Buyers Lost $17 Billion on Bitcoin Hype After Stock Crash
Retail investors have lost an estimated $17 billion in an attempt to gain Bitcoin exposure through digital asset treasury firms such as Metaplanet and Michael Saylor’s Strategy, according to a new res...
DRW’s Wilson Slams Exchanges Over Practices During Crypto Crash
Donald R. Wilson, founder of Chicago-based proprietary trading powerhouse DRW Holdings LLC, criticized the practices of digital asset exchanges during last week’s crypto market meltdown, where cascadi...
Huobi Founder Li Lin Set To Launch $1 Billion Ether Accumulator
Li Lin, the founder of crypto exchange Huobi and chairman of investment firm Avenir Capital, is joining forces with some of Asia’s earliest Ethereum backers to launch a new digital-asset trust that wi...
Stablecoiners Face the Reality of Lawmaking During a Shutdown
Emily Mason checks in from the nation’s capital on the sentiment for quick passage of legislation needed to make stablecoins live up to the promise of faster, cheaper and more efficient digital transa...
The Little-Known Crypto Powerhouse Behind Billions in Trading
In just two years, a little-known decentralized exchange built by a small group of engineers has drawn heavyweight investors and billions in trading volume....
Paxos Mistakenly Issues $300 Trillion of PayPal Stablecoin
Stablecoin issuer Paxos said it mistakenly minted $300 trillion of PayPal Holdings Inc.’s PYUSD stablecoin Wednesday before burning the tokens minutes later....
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