Co-CEO Arjun Sethi says the exchange is financially strong and not pressured to join the wave of crypto firms going public. Kraken Holds Back as IPO Wave Grows As several crypto companies pursue stock market listings in the United States, Kraken is taking a different approach. Despite a more supportive regulatory environment and a surge in public offerings across the sector, the crypto exchange says it is not in a hurry to go public. Speculation of a Kraken IPO has circulated since 2024, but leadership insists the company is stable and well-capitalized as a private entity. Kraken Stays Cautious on…
Author: Blockto Team
Security researchers warn that a top-ranked Chrome Web Store wallet uses stealthy blockchain transactions to exfiltrate user secrets. High-Ranking Chrome Extension Exposed as Crypto Theft Tool A dangerous browser extension posing as a secure Ethereum wallet has been discovered on the Chrome Web Store, raising urgent concerns for crypto users. The extension, named “Safery: Ethereum Wallet,” appears as a legitimate tool for managing digital assets—but a new report from blockchain security platform Socket reveals that it is designed to steal seed phrases through an advanced hidden mechanism. Top Search Result, Hidden Threat Alarmingly, the extension currently appears as the fourth…
Institutional investor adds over $31 million across multiple ETFs, signaling confidence in crypto infrastructure growth Ark Invest, a leading institutional investor, made significant purchases in crypto-focused companies this week, acquiring shares in Circle Internet Group, BitMine Immersion Technologies, and Bullish. The move comes as all three stocks experienced notable declines, highlighting Ark’s focus on long-term growth and infrastructure leadership in the digital finance sector. Ark’s Strategic Circle Purchases According to the latest filings, Ark Invest allocated $15.56 million to Circle shares across three of its ETFs. The breakdown includes 130,595 shares in ARK Innovation (ARKK), 38,313 shares in ARK Next…
Heavy institutional withdrawals reflect a sharp risk-off shift as Bitcoin drops to the mid-$96,000 range amid macro uncertainty. Major Outflows Hit U.S. Bitcoin ETFs U.S. spot Bitcoin ETFs saw a significant wave of withdrawals on Thursday, totaling $869.9 million in net outflows — the second-largest daily exit since their launch. The steep reduction in ETF holdings coincided with a broader crypto market sell-off, pushing Bitcoin down 6.4% to $96,956. ETF Outflows Reach Levels Not Seen Since February Fresh data shows that multiple major ETF issuers faced substantial redemptions.Grayscale’s Bitcoin Mini Trust led with $318.2 million withdrawn. BlackRock’s IBIT followed at…
FDIC signals growing acceptance of blockchain-based banking as Acting Chair Travis Hill outlines upcoming guidance and a new stablecoin application regime. Rising Regulatory Clarity for Tokenized Finance The United States is taking a decisive step toward regulating blockchain-based banking products. The Federal Deposit Insurance Corporation (FDIC) is preparing new guidance for tokenized deposit insurance while also developing a structured application process for stablecoin issuers. These moves signal a maturing regulatory landscape as tokenization and real-world asset (RWA) markets rapidly expand. US Regulator Plans Framework for Tokenized Deposits Acting FDIC Chair Travis Hill confirmed that the agency is evaluating how deposit…
A decisive break of structure below multi-month support has pushed Solana (SOL) into a deeper corrective phase, overshadowing recent optimism around sustained ETF inflows. Solana retreated to $142 this week after a sharp 5% decline, extending its downward move as the market reacted to a clear technical breakdown visible on the daily chart. Despite healthy trading volume and steady interest from institutional buyers, the token slipped below a level that had acted as support since early autumn. Analysts now describe the pullback as a “structural reset” rather than a routine retracement. Technical Analysis and Market Context:The chart shows Solana falling…
Canary Capital’s spot XRP fund posts one of 2025’s strongest ETF debuts with over $46M traded, even as XRP and XRPC both slip in value The long-awaited launch of the Canary Capital XRP ETF (XRPC) drew significant investor interest on its first trading day, generating tens of millions in volume and positioning itself among the most active crypto ETF debuts of 2025. But despite the strong start, XRP’s price failed to rally and instead fell into a classic “sell-the-news” pullback, mirroring the ETF’s early intraday decline. XRP ETF Records One of 2025’s Strongest Openings The spot-based XRPC ETF pulled in…
New platform aims to give companies a turnkey stablecoin stack powered by ex-Paxos leadership and deep blockchain integrations MoonPay has expanded its business far beyond fiat-to-crypto ramps, unveiling an enterprise-grade stablecoin suite designed to help companies issue, manage and distribute fully backed stablecoins across multiple blockchains. The launch — developed in partnership with M0 — pushes MoonPay deeper into the infrastructure layer of digital payments and positions it among a growing field of stablecoin-technology providers reshaping the sector. MoonPay Enters the Stablecoin Infrastructure Race The newly announced suite offers enterprises a complete system for stablecoin issuance, on/off-ramps, swaps and payments,…
ETH Market Pullback Accelerates Amid High-Leverage Shakeout Ethereum slipped to the $3,100 level in early trading, tapping a key demand zone after a sharp market-wide correction triggered large-scale liquidations. More than $880 million in bullish derivatives positions were wiped out within hours, intensifying downward pressure and pushing ETH into a critical technical region that traders have been monitoring for weeks. Strong Demand Zones Tested On the daily chart, Ethereum has entered a major support block around $3,050–$3,150, an area that previously acted as the launchpad for multiple rallies. The price reaction within this zone suggests that buyers are attempting to…
A sharp unwind in leveraged long positions sends Bitcoin into a critical demand region, raising questions about short-term momentum and liquidity conditions. Bitcoin slipped to $96,000 in early trading as nearly $880 million in leveraged long positions were flushed out across major derivatives platforms. The decline pushed the asset into a historically reactive support area, where buyers have previously defended trend structure. Market observers say the latest move reflects a combination of liquidity stress, failed bullish continuation, and renewed selling pressure around higher-timeframe supply zones. Bitcoin Support Levels Under Pressure The chart shows BTC breaking below the $101,000–$103,000 region, an…