Crypto News

In the ever-evolving world of cryptocurrency, today's news delivered a medley of corporate maneuvers, regulatory shifts, and market responses. Kraken emerged as a central player with its impending $1.5 billion acquisition of NinjaTrader, aiming to expand its U.S. crypto futures and derivatives offering. This acquisition is set to mark one of the largest by a crypto service provider, illustrating Kraken's strategic push towards diversifying its financial footprint in a turbulent market landscape. Ethereum (ETH) continues to wrestle with volatility, as its price remains stifled below the $2,000 mark. Despite intermittent gains, the combination of geopolitical uncertainties and reduced demand persistence casts a shadow over its near-term future. Conversely, Binance's impersonators found themselves in the spotlight as Australian authorities cracked down on a scam operation duping over 130 investors, a stark reminder of the pressing need for enhanced security in the crypto spac...

Pakistan's Crypto Regulation Efforts The Pakistani government has been making efforts to create a legal framework for the use and regulation of cryptocurrencies in the country. This move is seen as a way to attract international investors to the country and boost its economy. Pro-Business Legal Framework The CEO of Pakistan Crypto Council, Bilal Bin Saqib, emphasized the need for a pro-business legal framework for cryptocurrencies. This would provide clarity for investors and businesses, making it easier for them to operate in the country. Regulatory Clarity for Investors With a clear and supportive legal framework, Pakistan aims to provide regulatory clarity for investors interested in the crypto market. This will also help to build trust and confidence in the market, leading to more investments in the country. Attracting International Investors One of the main goals of creating a legal framework for crypto in Pakistan is to attra...

As the sun sets on another bustling day in the crypto world, we delve into the latest developments that rocked the industry. It seems hackers have struck again, this time targeting AiXBT, leading to a significant 20% drop in its token value. On March 18, a sneaky scammer managed to siphon off 55.50 ETH, all due to a security misstep with the AI bot. Although the bot's core systems remained intact, this breach has understandably heightened security concerns. In response, AiXBT is moving its servers and ramping up security measures to prevent future incidents. In more constructive news, Coinbase has taken a step forward in bolstering DeFi transparency. It introduced Verified Liquidity Pools, a game-changer for both institutional and retail investors in the US and Singapore. This new service aims to mitigate risks in the DeFi space by offering verified pools, tackling the long-standing issues of liquidity opacity and dodgy counterparties. On the institutional front, a survey by Coin...

Breaking Crypto News – Stay Ahead of the Market! 🚀 Get the latest updates on major crypto events, including Netflix’s $11M fund misuse scandal, SEC’s decision to drop the Ripple lawsuit, Coinbase’s new DeFi security feature, and EOS skyrocketing 30%! 💰🔥 📌 🔗 TIMELINE (Starts from 15s): 👉 00:15 – 🎬 Filmmaker Indicted for Misusing $11M Netflix Funds on Stock & Crypto Gambling 💸 👉 00:26 – 💻 Hacker Exploits AI Crypto Bot AIXBT, Steals 55 ETH! 🚨 👉 00:43 – ⚖️ SEC Drops Ripple Lawsuit – CEO Brad Garlinghouse Confirms! 🎉 👉 00:58 – 💰 Czech Central Banker Kubicek Remains Skeptical of Bitcoin as a Reserve Asset 👉 01:18 – 🔍 Coinbase’s New KYC-Verified Pools Aim to Secure DeFi Trading! 🏦 👉 01:41 – 🇺🇸 North Dakota Imposes $2,000 Daily Limit for Crypto ATM Transactions! ⛔ 👉 01:54 – 🚀 EOS Token Spikes 30% as Network Rebrands to 'Vaulta'! 📈 👉 02:08 – 🔗 Coinbase Expands Onchain Trading with Verified Pools! 🌍

Bakkt's Share Price Falls After Losing Key Clients The crypto market was hit with a major blow on March 18 as Bakkt, a leading crypto firm, announced that two of its biggest clients would not be renewing their commercial agreements. This news caused Bakkt's share price to plummet by over 27%, leaving investors and traders in shock. The two clients in question are none other than the Bank of America and Webull, both of which have played a significant role in Bakkt's success. Bank of America and Webull Withdraw Support In a regulatory filing on March 17, Bakkt revealed that it had received notice from the Bank of America that it would not be renewing its commercial agreement with the company. This agreement is set to expire on April 22, leaving Bakkt with a significant loss of support from one of its key clients. Webull, a popular online brokerage platform, also announced that it would not be renewing its agreement with Bakkt, addin...

What is Verified Pools? Verified Pools is a new offering from Coinbase, one of the leading cryptocurrency exchanges. It is aimed at attracting institutional clients and providing them with a secure and efficient way to access the crypto market. How does it work? Verified Pools will offer clients access to high efficiency and native on-chain infrastructure. This means that institutional users will be able to take advantage of the speed and security of blockchain technology while trading on Coinbase. Benefits for institutional users With Verified Pools, institutional clients will have access to a secure and regulated platform to trade cryptocurrencies. This will provide them with peace of mind and help to mitigate the risks associated with trading in the volatile crypto market. Additionally, the high efficiency and native on-chain infrastructure will allow for faster and more efficient trading, saving institutions time and money. Trending h...

As the sun sets and another eventful day in the crypto sphere comes to a close, enthusiasts and stakeholders find themselves reflecting on a series of significant developments shaping the landscape. In the world of ambitious fundraising, World Liberty Financial, spearheaded by former President Donald Trump, made headlines by raising a whopping $550 million through its token sales, with the second tranche alone bringing in $250 million. Despite the backdrop of wider crypto losses, the project continues to attract substantial investments. A significant portion of the governance token proceeds has been allocated to Trump and principal members of the LLC. Meanwhile, the project expanded its portfolio with $2 million in Avalanche and Mantle assets, further solidifying its presence in the market. It's a challenging time for Pi Network as the looming prospect of a massive token unlock in March casts a shadow over its currency. Pi Coin endured a notable 17% drop to a precarious $1.35, am...