Crypto exchange Kraken has raised $800 million in fresh funding, including $200 from investment from Citadel Securities, to accelerate its efforts to bring traditional financial markets onto blockchain infrastructure, the company said Tuesday. The round was split across two tranches, with the main one led by institutional investors including Jane Street, DRW Venture Capital, HSG,…
Ukraine has announced plans to build what it describes as a sovereign artificial intelligence in a partnership with chipmaking firm Nvidia. The partnership will see Ukraine develop an artificial intelligence that would be controlled by the state using hardware sought from the manufacturer. The joint initiative means Ukraine will tap Nvidia to build its artificial…
Mastercard expands its Crypto Credential feature to support self-custody crypto wallets through partnerships with Polygon and Mercuryo. The new feature aims to enhance user experience while significantly reducing the odds of errors in crypto transactions. The rising momentum of blockchain and digital asset adoption continues regardless of the current state of the cryptocurrency and traditional…
Bitcoin Dominance (BTC.D) is declining as the Altcoin Season Index continues to rise, leaving many to wonder whether investors’ interest has shifted to coins other than BTC, potentially triggering the start of the long-awaited altcoin season. According to data from TradingView, BTC.D has plunged from 61% at the start of November to 58.7% as…
Key takeaways: Ether’s 20% monthly decline has pushed it into a clear daily downtrend, retesting $3,000 for the first time since July. The Mayer Multiple falling below 1 signals a historically strong accumulation zone, resembling past bottoming phases. Leveraged liquidity has reset, but clusters at $2,900 and $2,760 warn of further volatility before a potential…
Cloudflare experienced a major outage that cascaded into widespread service disruptions across thousands of websites and applications on Tuesday. Several large centralized crypto services rely on Cloudflare to help with heavy traffic. BitMEX faced an outage while there was also significant downtime for Telegram-linked blockchain Toncoin. But the outage spread beyond crypto, with platforms like…
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Mastercard is expanding its Crypto Credential program to self-custody wallets, allowing users to send and receive cryptocurrencies using verified, username-style aliases instead of long wallet addresses. Polygon will be the first blockchain to support the rollout, while payments firm Mercuryo will handle identity verification and issue the aliases to users, according to a Tuesday press…
