What Does The SoFi-Kraken Partnership Cover? SoFi Technologies and Payward have agreed to connect SoFi’s banking infrastructure with Kraken’s digital-asset trading network, giving institutional clients another route to move U.S. dollars and manage liquidity outside traditional banking hours.Under the agreement, Payward will join the SoFi Exchange Network, or SEN, a real-time settlement system designed for
BitGo Singapore has opened a new office as the digital asset infrastructure group reports growth in its Asia Pacific client base and Singapore trading business. The company says regional client numbers have tripled and Singapore headcount has more than doubled since it received its Major Payment Institution licence in August 2024. The office expansion follows
Ask what Elon Musk is worth and you will get a different answer depending on who you ask and when. Forbes, Bloomberg and a dozen secondary trackers each publish a number, and those numbers routinely diverge by more than $100 billion. That is not sloppiness. It is the direct result of how his fortune is
A €150,000 capital threshold in Czechia and a NZ$345 registration fee in New Zealand are not competing prices for the same product. One helps determine a trading platform’s prudential safeguards under MiCA. The other pays for an entry on a financial-services register. Neither is the complete cost of opening an exchange.For firms comparing crypto licence
Millions of American children have been signed up for Trump Accounts as the federal government’s new tax-advantaged investment program begins deploying Treasury-funded capital through infrastructure involving BNY and Robinhood.The program officially began funding accounts in July, with eligible U.S. children born between January 1, 2025 and December 31, 2028 entitled to receive a one-time $1,000
Curve DAO has appointed yRisk as its new full-scope risk-management provider for crvUSD and Llamalend, selecting a two-person team whose contributors are also the primary developers of Resupply, a DeFi lending protocol exploited for approximately $9.6 million last year.The binding governance vote approving yRisk’s funding concluded on September 2 with approximately 621.2 million veCRV supporting
The U.S. Justice Department has disclosed the seizure of more than $560,000 in cryptocurrency intended for Hamas alongside a broader operation that gave the FBI control of online infrastructure allegedly used by the organization for fundraising and recruitment. The DOJ announced the operation on September 1, unsealing five court affidavits covering enforcement actions conducted between
Polymarket has officially launched perpetual futures trading, expanding beyond prediction markets into leveraged derivatives covering cryptocurrencies, stocks, indices and commodities. The company announced Polymarket Perps on September 3, offering traders the ability to take long or short positions with leverage of up to 20x and no contract expiration.The platform currently lists 67 perpetual markets, according
Several of the world’s most widely used artificial intelligence platforms suffered overlapping outages on September 3, disrupting ChatGPT, Claude, Grok and, according to user reports, Google’s Gemini. OpenAI’s ChatGPT experienced one of the largest disruptions. The company’s official status page reported elevated errors across ChatGPT and Codex beginning around 2:58 p.m. UTC, affecting numerous features
What Is Kalshi Planning For The Oil Market? Prediction market operator Kalshi is preparing to seek regulatory approval for a West Texas Intermediate crude oil perpetual futures contract, potentially bringing one of crypto trading’s most widely used derivatives structures into the regulated U.S. energy market.The proposed contract could be filed with the Commodity Futures Trading