Law and Order

Suspected Crypto Scammer Linked to $580 Million in Stolen Funds Arrested in Bangkok

In brief Portuguese authorities suspect 39-year-old Pedro M. of orchestrating cryptocurrency and credit card fraud totaling €500 million across multiple countries including Portugal, Europe, the Philippines, and Thailand. The suspect was discovered by a Portuguese journalist at a Bangkok luxury mall and arrested by Thai police using facial recognition technology. Police say he’s been living…

Uncategorized

Kraken expands equities offering with new enhancements

We are excited to announce we’ve enhanced our equities offering for U.S. users, introducing a suite of new features designed to provide a seamless and comprehensive trading experience. These additions aim to further bridge the gap between traditional finance and digital assets, offering investors a unified platform to manage their portfolios. What’s new? 1. Seamless…

Markets

Bitcoin Soars Above $120K as US Government Shutdown Continues

In brief Bitcoin hit $120,000 Thursday for the first time since mid-August. Investors are flocking back to Bitcoin ETFs, with substantial inflows on Wednesday. October in the past has been a strong month for the asset, with traders dubbing it “Uptober.” Bitcoin topped a price of $120,000 per coin on Thursday for the first time…

Coins

Bitcoin ETFs Pull In $676M as BTC Price Tops $119K

In brief U.S. spot Bitcoin ETFs saw inflows of $675.8 million Wednesday, their highest level since September 12. Bitcoin’s upward price momentum continued through Thursday morning, with the price of BTC topping $119,000 Analysts linked increased Bitcoin ETF inflows over the past week to predictions of looming U.S. interest rate cuts, among other “macro and…

Uncategorized

Wallet in Telegram joins xStocks Alliance, expanding xStocks reach to another 100 million users 

We’re excited to announce a new collaboration designed to supercharge the adoption of xStocks, the industry’s gold standard for tokenized equities. Together with Backed, Kraken are today partnering with Wallet in Telegram, a digital asset solution natively embedded into the Telegram app, to bring xStocks to one of the largest consumer platforms in the world.   …