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Crypto exchange Kraken secures MiCA license in Ireland

Crypto exchange Kraken secures MiCA license in Ireland

Cryptocurrency exchange Kraken announced that it can now expand its offerings and across European Union’s member states after securing a license under the Markets in Crypto-Assets (MiCA) framework.In a Wednesday notice, Kraken said it had received the MiCA license from the Central Bank of Ireland, a…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, digital assets will now be recognized as reserve assets for certain home loans in the United States. Ethena Labs and Germany’s BaFin have finalized a 42-day redemption plan for USDe, resolving a months-long regulatory dispute, and Polymarket is reportedly closing in on a $200 millio…

Prediction market Kalshi raises $185M at $2B valuation — Report

Prediction market Kalshi raises $185M at $2B valuation — Report

Kalshi, a prediction market and competitor to Polymarket, has reportedly closed a $185 million funding round that values the company at $2 billion, indicating growing investor appetite for the emerging sector.The round was led by crypto investment company Paradigm, with participation from venture ca…

Change in US crypto laws may affect charges in Do Kwon’s criminal case

Change in US crypto laws may affect charges in Do Kwon’s criminal case

Terraform Labs co-founder Do Kwon, facing criminal charges in US federal court, could see a change in his indictment based on bills currently moving through the US Congress.According to reporting from Inner City Press, Kwon’s lawyers and prosecutors met for a status conference before Judge Paul Enge…

Fannie Mae, Freddie Mac to recognize crypto assets in mortgage risk assessments

Fannie Mae, Freddie Mac to recognize crypto assets in mortgage risk assessments

The government-sponsored enterprises (GSEs) of Fannie Mae and Freddie Mac will soon begin counting cryptocurrencies as assets in their risk assessments for single-family home loans, marking a significant step toward the mainstream acceptance of digital assets under US President Donald Trump’s admini…

German regulator closes case against Ethena GmbH over USDe issuance

German regulator closes case against Ethena GmbH over USDe issuance

Ethena Labs announced on Wednesday that the German Federal Financial Supervisory Authority, BaFin, and Ethena GmbH, the company’s German arm, have agreed on a redemption plan for USDe stablecoin holders. The regulator said it had initiated a 42-day redemption process for stablecoin holders. BaFin sa…

Fuzzland says ex-employee was behind $2M Bedrock UniBTC exploit

Fuzzland says ex-employee was behind $2M Bedrock UniBTC exploit

Smart contract analytics platform Fuzzland disclosed that a former employee was responsible for a $2 million exploit that targeted Bedrock’s UniBTC protocol in September 2024. In a new transparency report, Fuzzland revealed that the insider used social engineering tactics, supply chain attacks and a…

Bitcoin ASIC producer Canaan pilots US production, exits AI business

Bitcoin ASIC producer Canaan pilots US production, exits AI business

Bitcoin mining application-specific integrated circuit (ASIC) manufacturer Canaan has completed a pilot production run in the US and abandoned its AI hardware manufacturing efforts.In a statement sent to Cointelegraph on Monday, a Canaan representative said the firm “has successfully completed a pil…

$5.1B Cardone Capital buys 1,000 Bitcoin, eyes another 3,000 BTC

$5.1B Cardone Capital buys 1,000 Bitcoin, eyes another 3,000 BTC

Real estate mogul Grant Cardone has announced the firm’s first Bitcoin purchase as it becomes the latest firm to embrace a digital asset treasury strategy.Cardone Capital added 1,000 Bitcoin to its balance sheet, becoming the “first ever real estate/Bitcoin company integrated with full BTC strategy…

Lummis’ RISE Act is ‘timely and needed’ but short on details

Lummis’ RISE Act is ‘timely and needed’ but short on details

Civil liability law doesn’t often make for great dinner-party conversation, but it can have an immense impact on the way emerging technologies like artificial intelligence evolve.If badly drawn, liability rules can create barriers to future innovation by exposing entrepreneurs — in this case, AI dev…

Break Singapore’s new crypto rules and you could face $200K fine or jail

Break Singapore’s new crypto rules and you could face $200K fine or jail

Singapore crypto regulations and the June 30 deadline The Monetary Authority of Singapore (MAS) has delivered a clear mandate that all Singapore-based entities offering digital token services to overseas clients must obtain a DTSP licence or halt cross-border operations immediately.As of June 30, …

Intents fix crypto's UX crisis and pave the way for agentic DeFi

Intents fix crypto's UX crisis and pave the way for agentic DeFi

Opinion by: Alex Shevchenko, co-founder of AuroraTry to make a simple purchase with crypto today. You are forced to wrangle wallet extensions, decipher long hexadecimal addresses, select networks, sign transactions, calculate unpredictable gas fees and repeat all of these because your transactions g…