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Report: Kraken Considers IPO Amid Renewed Investor Interest


Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public offering (IPO) as soon as next year, according to Bloomberg. This move follows renewed interest from investors during the current digital-asset market rally and a perceived...

Coinbase Launches ‘Smart Wallets’ in Bid to Simplify Crypto Onboarding


Coinbase has introduced “smart wallets,” aimed at easing the entry into blockchain activities by eliminating complex processes and high fees associated with traditional crypto wallets. This new offering seeks to onboard over one billion users through simplified, gasless transactions...

Riot to acquire Bitfarms to establish the largest public Bitcoin miner


Riot intends to take over Bitfarms at a price of $2.30 per share, with the goal of creating the largest ever publicly registered Bitcoin miner. The result will be a substantial premium on Bitfarm’s price—24%—which will be a boon to shareholders. Riot is presently the biggest shareholder...

Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit


Bitfarms has ousted its CEO Geoffrey Morphy after he filed a $27 million lawsuit against the Bitcoin miner, the Toronto-based firm announced Monday. News of Morphy's ousting comes amidst decreased Bitcoin production values for public crypto mining companies following last month's halving event. The...

Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations


Eclipse Labs founder and CEO Neel Somani, has announced he is "temporarily reducing" his role as a public face for the firm following serious allegations of sexual misconduct. The post Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations appeared first on Cryptonews

Hong Kong Cracks Down on Fake Crypto Exchange Allegedly Linked to Elon Musk


The Hong Kong Securities and Futures Commission (SFC) has warned the public regarding Quantum AI, an entity allegedly engaged in fraudulent activities related to virtual assets and deceiving the public by impersonating Elon Musk. The post Hong Kong Cracks Down on Fake Crypto Exchange Allegedly...

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