Category: crypto

Despite a $540 million private investment and listings on major exchanges, the Canton Network’s price dropped by over 30% after trading began. The project aims to bridge traditional and decentralized finance for institutional investors. Despite the setback, the network has received significant funding and support from major financial institutions.

The crypto market is stabilizing, with altcoins waiting for a Bitcoin rally to enter an upward phase. Bitcoin is trading around $105k to $107k, 16% below its all-time high. Altcoins have shown uneven gains, with a broader rally unlikely unless Bitcoin surges first, according to Wintermute analyst Jasper De Maere.

Constellation Network’s DAG token is now listed on Kraken, a major digital asset exchange, expanding global access and cross-chain reach. This integration through the INK Network showcases trust in Constellation’s technology. The collaboration aims to power verified data automation for the AI era, promoting decentralized finance and institutional trust.

Transak has obtained six new state Money Transmitter Licenses in the U.S., bringing its total to 11 states. This will allow the company to conduct compliant fiat-to-stablecoin transactions directly in each jurisdiction, expanding access for fintechs, wallets, and enterprise partners nationwide. The licenses mark a significant step in Transak’s efforts to establish a nationwide regulatory…

SoFi Technologies is the first nationally chartered bank to offer in-app crypto trading for customers. The platform, SoFi Crypto, allows users to trade Bitcoin, Ethereum, Solana, and other cryptocurrencies. The move aims to provide secure and regulated access to crypto for both novice and experienced investors. Future plans include stablecoin and crypto lending services.

Chinese Bitcoin scammer Zhimin Qian has been sentenced to 11 years in prison for masterminding a $5.5 billion fraud scheme that impacted 128,000 victims in China. UK authorities seized 61,000 BTC from Qian following her arrest. The sentencing follows her guilty plea to money laundering charges in September.

Injective has upgraded its blockchain to support both Ethereum-based applications and its existing Cosmos-native dApps. Over 30 dApps and infrastructure providers have gone live on the upgraded mainnet. The new architecture allows for seamless interaction between applications running on different virtual machines, lowering barriers for developers and providing users with access to a broader range…

The U.S. Treasury Department and IRS have issued new guidance allowing crypto ETFs to participate in staking without tax issues. Staking rewards will be taxed as ordinary income to investors, not at the trust level. This could boost adoption, network security, and the launch of staking-enabled funds, benefiting both crypto and traditional finance markets.

CleanSpark plans to raise $1.15 billion through convertible notes to fund a share buyback and expand its AI and data center operations. The company’s shares have fallen 25% over the past month. CleanSpark aims to use the funds to strengthen its balance sheet and accelerate growth in various areas.

Gemini’s quarterly revenue increased by 52% to $49.8 million in Q3 2025 due to trading activity and new financial products. However, the company reported a $159.5 million loss, leading to a 6.18% drop in its stock price. Despite this, there is potential for recovery with the introduction of new services and partnerships.