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According to the recently reported Kraken Q1 2025 financial update, the exchange managed to bring in $472 million in total revenue, with an adjusted EBITDA of $187 million. This represents a 19% increase compared to the same quarter in 2023 and comes despite slower trading post elevated trading activity in Q4 2024. While its revenue…

Key Takeaways: Crypto tax filings in Finland nearly doubled in a year, but only a fraction of holders report trades. Authorities are ramping up enforcement, including asset seizures and cross-border crackdowns. Garantex exchange was dismantled after processing $96B linked to illicit activity since 2019. The number of Finnish taxpayers reporting cryptocurrency trades has nearly doubled,…

SpacePay slashes payment fees from 3% to 0.5%, which saves merchants thousands while offering instant settlement and easy POS integration. Small business owners know that payment processing fees eat into their profit margins. London-based fintech startup SpacePay aims to change this reality with its crypto payment platform. The system features a low 0.5% transaction fee,…

The world of cryptocurrency is expanding rapidly, and with it comes the need for effective tools to manage digital assets. At the heart of this ecosystem is the Ledger wallet, which ensures secure storage and management of private keys. Understanding the different wallet models is essential for confidently navigating Web3, DeFi, and NFTs. Understanding Crypto…

Key Takeaways: Cetus Protocol was exploited for over $200 million, causing mass panic across the Sui ecosystem. Strict KYC pushes darknet vendors toward DeFi platforms. Monero gains traction as darknet operators ditch traceable Bitcoin. Cetus Protocol, a decentralized exchange built on the Sui blockchain, has reportedly fallen victim to an exploit that may have siphoned…

The Australian Securities and Investments Commission (ASIC) seeks special leave from the High Court to appeal a recent ruling that severely impacted its enforcement of crypto regulation. The appeal targets a Full Federal Court decision that found Block Earner’s “Access” product, offering fixed-yield returns on crypto lending, was not a financial product. ASIC’s move signals…

Key Takeaways: Strategy plans to raise up to $2.1 billion by selling 10% preferred stock listed as “STRF” on Nasdaq. The move has fueled speculation of another major Bitcoin purchase, though no plans were explicitly confirmed. The stock offers a 10% annual dividend and redemption rights tied to tax events or major company changes. Michael…

David Sacks, senior crypto adviser to President Donald Trump, announced on May 21 that bipartisan momentum is propelling the GENIUS Actlandmark stablecoin legislation through the U.S. Senate. The bill, which aims to bring regulatory clarity to a $200 billion stablecoin market, has cleared an important procedural hurdle with the support of 15 Democrats, making its…

The bull is running. All top 10 coins and nearly all 100 coins per market cap saw their prices rise in the last 24 hours as a result of the ongoing crypto ETF positive flows and regulatory advancements, particularly in the stablecoin sector. At the same time, the cryptocurrency market capitalization has increased by 1.1%…

Key Takeaways: Pakistan will launch the Pakistan Digital Assets Authority to regulate crypto, DeFi, and tokenized platforms. The new body aims to attract global investment and support blockchain innovation across key sectors. With over 27 million users expected by 2025, Pakistan is positioning itself as a leading crypto market in the region. Pakistan is set…