Everything web3, crypto, defi, degen
In brief Luxxfolio is transitioning from Bitcoin mining to a digital asset treasury strategy centered on Litecoin, paired with infrastructure plans. It comes as the firm posted zero revenue and a net loss of $197,000 in Q2, with just $112,000 in cash and cumulative losses nearing $19 million. Litecoin treasuries may attract institutions if tied…
In brief Cloudflare One now gives IT teams insight into employee usage of generative AI tools—such as ChatGPT, Claude, and Gemini—via agentless API integrations and real-time prompt controls. The new features include a Shadow AI report that reveals all AI tools in use within an organization. Also included is AI Prompt Protection that can block…
In brief Visa reported $10.17 billion in revenue for fiscal Q2, up 14% year-over-year, while stablecoin settlements totaled just $200 million. CEO Ryan McInerney said global stablecoin adoption remains limited and will depend on clearer regulatory frameworks. Visa is investing in stablecoin infrastructure through BVNK, partnering with Bridge in Latin America, and piloting programmable finance…
In brief Electric vehicle maker Volcon said that it has raised $500 million to fuel a Bitcoin treasury. The company’s stock soared by nearly 135% on Thursday following the announcement. It is one of dozens of companies investing in Bitcoin, perhaps seeking lift its sagging stock. Shares of electric vehicle maker Volcon soared nearly 135%…
Kraken began 2025 building on 2024’s solid momentum, navigating a shifting and softening market to outperform, even growing volume share. Our sustained performance across cycles demonstrates the resiliency of our platform, which continues to attract new clients and deepen existing relationships. We took a meaningful step toward our multi-asset vision by acquiring NinjaTrader, and rolled…
By Arjun Sethi, Kraken co-CEO Kraken was founded in 2011 with a clear vision: Build the most secure, reliable and accessible crypto exchange in the world. Our founders, Jesse Powell and Thanh Luu, started the company with a relentless focus on product, execution and long-term impact. At the time, Mt. Gox was on the verge…
January 6, 2020 | Uncategorized Check out the latest happenings in the world of crypto, brought to you by the experts at Kraken. This digest is prepared for informative purposes only and does not represent an investment recommendation or investment advice. Please see our full disclaimer at the bottom for more information. See below all…
