Kraken Sues PowerTrade Over $7.2M Misappropriated Funds
The dispute centers on roughly 100 retroactive 'corrections' that allegedly flipped Kraken's profitable account into a $2M deficit, with parallel freezing orders already secured in Dubai.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
The dispute centers on roughly 100 retroactive 'corrections' that allegedly flipped Kraken's profitable account into a $2M deficit, with parallel freezing orders already secured in Dubai.
The pardoned Binance founder says his four-month BSA sentence is now a trust-builder with investors. The bigger read is what it signals about U.S. crypto rehabilitation under Trump.
The TRM Labs report flags one of the largest spot-derivative venues by volume as a primary on-ramp for sanctioned-jurisdiction flows, a designation that puts the exchange's compliance program under…
The deal lands as the first global dollar stablecoin cleared for Japanese corporate use, and it ties USDC directly into Nomura's client onboarding, compliance stack, and existing banking rails ahead…
Saylor's STRC keeps shareholders funding MSTR's Bitcoin hoard via preferred dividends, while Bitplanet tries to grow its reserve through hashrate instead of spot buys.
CryptoQuant's Ki Young Ju flags a structural shift: gold, oil and equity contracts now outpace most altcoins on Binance's USDT-margined book, turning crypto venues into RWA rails.
The deal vaults SBI past every rival in Japan's regulated crypto market on a single stroke, putting roughly $6.2B in customer assets behind one balance sheet.
The Continuous Clearing Auction format is the real story under the hood: uniform clearing price across blocks is built to defuse bot sniping, not just to ship a launch UI.
Outbound moves from spot ETF custodians to a prime broker typically precede rebalancing or redistribution, not fresh selling, but the timing reads as risk-off positioning.
Quarterly capital deployed through crypto M&A went from $272M in Q4 2025 to $7.23B in Q2 2026, a curve that mirrors the early institutional ramp into spot BTC and ETH ETFs.
The headline figure is striking, but the alleged $6M of IRGC-linked wallet exposure and a U.S. sanctions backdrop turn this from a compliance slip into a potential enforcement flashpoint for the…
SBI already runs a domestic crypto arm and backs several tokenised-asset initiatives, so taking Bitbank fully in-house consolidates a regulated retail venue under a balance sheet that regulators…
The gap is policy, not demand: 61% of European wealth firms ban advisor involvement entirely, and advisors inside restricted shops are 8.5x more likely to have clients holding crypto on their own.
Q3 revenue of $41.5B beat estimates by $5.8B and Q4 guidance of ~$50B landed $6.8B above Street. The HBM shortage call from CEO Mehrotra extends past 2027.
The structure is a revolving USDC line that lives entirely onchain, with Maple's lenders backing the credit and Kraken routing OTC borrowers into it.
Approval gives Ripple a regulated yen corridor to a G7 market where licensed banks and trust companies have dominated stablecoin issuance, putting RLUSD in rare company among non-domestic entrants.
The rule joins a widening global crackdown on unlicensed financial promotion, putting content creators in the same regulatory frame as licensed brokerages.
The single-day print is the largest BTC ETF outflow in weeks, and the Grayscale Mini Trust is the only venue drawing net new money while Fidelity's FETH leads the ETH leg lower.
A fresh wallet, no history, no obvious label: the kind of address that usually means accumulation rather than rotation, and the size lines up with quiet institutional accumulation rather than retail…
The penalty is small, but it lands as South Korea's data-protection regulator tightens its grip on offshore transfers of exchange customer information.