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Kraken reaches $30M settlement with SEC over staking as IRS seeks user information

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“Kraken not only offered investors outsized returns untethered to any economic realities, but also retained the right to pay them no returns at all,” said Gurbir Grewal.

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Coin Market

Bitcoin price drops to $75K as new Hormuz closure puts focus on oil

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Bitcoin foreshadows fresh market mayhem as it appears that the US-Iran war has returned, including the closure of the Strait of Hormuz oil route.

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Aluminum giant Alcoa to sell dormant smelter to Bitcoin miner NYDIG: Report

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Alcoa is nearing a deal to sell its idle Massena East smelter to NYDIG as US industrial sites increasingly shift toward Bitcoin mining and AI data centers.

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RaveDAO denies manipulation as Binance, Bitget probe RAVE trading activity

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RaveDAO denies involvement in RAVE token price surge and crash as Binance and Bitget launch investigations into suspected market manipulation.

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