Kraken has acquired non-custodial staking platform Staked to enable an alternative to its own custodial staking service, the crypto exchange said Tuesday. Kraken referred to the deal as “one of the largest crypto industry acquisitions to date” but did not disclose the amount paid. For context, Galaxy Digital acquired crypto custodian BitGo for about $1.2 […]

Changpeng “CZ” Zhao, the CEO of cryptocurrency exchange Binance, believes the contribution of central banks digital currencies (CBDCs) will be broadly positive to the crypto world, but warns issuers against isolating them from the broader ecosystem. CBDCs are an “additional option”, which is usually better than not having one, CZ said in a blog post […]

Imagine the public astonishment when, in the early 1920s, vending machines started dispensing soda into cups. Instead of going to the counter of a soda shop and ordering their favorite drink, thirsty customers could now use coins, push some buttons and, voilá, out came the beverage. As Nick Szabo quipped almost 25 years ago, these […]

Yield compounding tool Grim Finance saw $30 million worth of fantom tokens stolen from its protocol after an exploit on Sunday. The project took preventive measures to stop further damages. “We inform you that our platform was exploited today by an external attacker roughly 6 hours ago. The attackers address has been identified with over […]