Author: Tristan Lodenberg

SoFi Technologies delivered record financial results in the fourth quarter, reporting adjusted net revenue of $1 billion, a 37% increase compared to the same period last year. GAAP net income reached $173.5 million, while adjusted EBITDA climbed 60% year over year to $317.6 million, highlighting improved profitability and operating leverage. Fee-based revenue also hit a quarterly record of $443 million. The company’s member base expanded by approximately 35% to 13.7 million, supported by the addition of 1.6 million new products during the quarter. Total financial services products rose 38% year over year to 17.5 million. Crypto Relaunch and Blockchain Expansion…

Tether, the issuer of the USDt stablecoin, reported record-high holdings of U.S. Treasuries in 2025 while posting a notable year-on-year decline in profits. The latest figures highlight a strategic shift toward conservative, highly liquid assets as stablecoin demand continues to expand globally. Profits Fall Despite Asset Growth According to a financial report prepared by accounting firm BDO, Tether generated net profits exceeding $10 billion in 2025. This represents a decline of roughly 23% compared with the $13 billion reported in 2024. Despite lower profitability, the company’s overall balance sheet continued to strengthen, with total assets rising by more than $49…

Norway’s sovereign wealth fund significantly increased its indirect exposure to bitcoin in 2025, despite not holding the cryptocurrency directly. New analysis shows that the fund’s exposure rose sharply over the year, reflecting the growing role of bitcoin-linked equities in large, diversified institutional portfolios. Indirect Bitcoin Exposure Reaches 9,573 BTC According to research firm K33, Norges Bank Investment Management (NBIM), which manages the Government Pension Fund Global, ended 2025 with indirect exposure equivalent to 9,573 bitcoin. This marks a 149% increase compared with the previous year. In monetary terms, the exposure was valued at approximately 8.5 billion Norwegian kroner, or about…

Ethereum price slipped below the $2,800 support level, raising concerns of a deeper correction as both technical indicators and onchain data point to growing downside risk. ETH is currently trading near $2,700 after posting a decline of more than 10% over the past three days. The loss of the $2,800 level marks a breakdown from a descending triangle pattern that had been forming for weeks. This zone had previously acted as a key demand area, and its failure suggests sellers remain in control. Descending and Symmetrical Triangle Breakdown Price action now places the next significant support around $2,500, which aligns…

The U.S. Department of Justice has finalized the forfeiture of more than $400 million in cryptocurrency and related assets linked to Helix, a Bitcoin mixing service that operated during the early years of the darknet economy. A final court order issued on January 21 by the U.S. District Court for the District of Columbia transferred full legal ownership of the seized assets to the federal government, formally closing the case. The forfeiture stems from Helix’s operations between 2014 and 2017 when the service was used to obscure the origin and destination of Bitcoin tied to illicit darknet marketplaces. Authorities seized…

Binance is moving to strengthen its position in South Korea’s cryptocurrency market, with plans to complete full restitution for GoFi users in 2026. The repayment effort is tied to Binance’s acquisition of Gopax, a South Korean exchange that faced a severe liquidity crisis in 2023 following the collapse of its partner, Genesis Global Capital. The crisis left thousands of GoFi users unable to access their funds, prompting Binance to step in and acquire a controlling stake in Gopax. Regulatory approval for the deal was delayed, but recent progress has allowed Binance to set a clearer timeline for resolving outstanding claims.…

KRAKacquisition Corp, a special purpose acquisition company sponsored by an affiliate of crypto exchange Kraken, has successfully completed an upsized initial public offering totaling $345 million. The company’s Nasdaq debut highlights renewed activity around crypto-adjacent firms seeking access to U.S. public markets amid evolving regulatory and investor conditions. Details of the $345 Million IPO The offering consisted of 34.5 million units priced at $10 each, generating gross proceeds of $345 million before underwriting fees and expenses. This included 4.5 million additional units sold after the underwriter fully exercised its overallotment option. The final raise exceeded the company’s earlier target of…

US President Donald Trump announced plans to nominate former Federal Reserve Governor Kevin Warsh as the next chair of the US central bank, replacing Jerome Powell. The move sets up a closely watched Senate confirmation process and signals a potential shift in the Federal Reserve’s approach to monetary policy and financial markets. Warsh, 55, previously served on the Federal Reserve Board from 2006 to 2011 and later worked as a senior executive at a major investment bank. Trump described Warsh as a long-time associate and expressed confidence that he would rank among the most effective leaders in the central bank’s…

U.S. political leaders say a bipartisan framework is in place to avert a partial federal government shutdown, but financial markets remain uneasy as key congressional votes are still outstanding. The current stopgap funding measure is set to expire at midnight Eastern Time, leaving lawmakers with a narrow window to finalize and approve the deal. President Donald Trump said Thursday that negotiations were close, warning that a prolonged shutdown would be economically damaging. While the comments helped reduce immediate shutdown fears, investors remain cautious given the lack of formal approval and broader macro uncertainty. Crypto and Risk Assets React to Liquidity…

Unclaimed Ether from the 2016 DAO hack is set to be redirected into a new Ethereum security fund, according to blockchain advocate Griff Green. The DAO, a decentralized autonomous organization, was exploited in June 2016, resulting in the theft of over $50 million in Ether at the time. While a hard fork returned most funds to tokenholders, some edge cases remained unclaimed. Green noted that roughly $200 million of Ether remains unclaimed and will be staked to generate revenue for initiatives aimed at improving Ethereum’s security infrastructure. “We’re going to stake them and use the revenue to actually support Ethereum…