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Kraken has reportedly cut hundreds of jobs across departments in recent months as part of ongoing restructuring ahead of a possible US IPO in 2025. The post Kraken Trims Workforce Across Departments Ahead of Potential Listing: Report appeared first on Cryptonews.
Slovenia's finance ministry has reportedly proposed a 25% tax on personal profits from crypto asset disposals in a bid to close a tax system loophole that currently exempts individual investors while taxing business income from crypto trading.
Slovenia is planning to take a bigger bite out of crypto profits. After imposing a 10% tax on crypto withdrawals in 2023, the country's Finance Ministry has now suggested a new law to add a 25% tax on crypto trading gains. If the bill gets passed, the law will begin on January 1, 2026.
A cryptocurrency project inspired by scientific great Isaac Newton has quietly made waves this year, with its native coin's year-to-date explosion leaving reputable names far behind. What happened: AB (AB), formerly Newton Project (CRYPTO: NEW), has skyrocketed 7602% year-to-date to become the cryptocurrency market's most successful token in 2025.
Yemeni citizens are increasingly using decentralized finance (DeFi) protocols to bank themselves amid US sanctions aimed at the Houthi group, which they have deemed a terrorist organization. In the past, internet infrastructure challenges and low financial literacy among the war-torn population contributed to relatively limited crypto adoption, according to an April 17 report from blockchain intelligence firm TRM Labs.
The exchange said it will close down on May 1, and said that there is a 'transatlantic operation' to prosecute the project.
Bitcoin's relatively stable price movements despite macroeconomic uncertainty is likely due to resilient spot Bitcoin ETF holders and Michael Saylor's firm continuing to buy aggressively, according to a Bloomberg analyst.“The ETFs and Saylor have been buying up all ‘dumps' from the tourists, FTX refugees, GBTC discounters, legal unlocks, govt confiscations and Lord knows who else,” Bloomberg ETF analyst Eric Balchunas said in an April 16 X post.
Privacy-focused exchange eXch will shut down operations on May 1 following rising allegations that it was used to launder funds stolen in the $1.5 billion Bybit hack. In an Apr.
Circle, the issuer behind USDC, has launched a new smart contract platform called Refund Protocol, aiming to bring refunds and dispute resolution to stablecoin payments. The company announced the launch in an Apr.
A16z has invested $55M in LayerZero's ZRO token with a three-year lockup, signaling confidence even as crypto markets face volatility and trade pressure. The post VC Giant A16Z Pours $55M into LayerZero, Sending Native Token ZRO 10% Higher appeared first on Cryptonews.
Canadian retail investors now have a third option on their spot crypto exchange-traded fund (ETF) menu, but one analyst says it may not be as big of a deal.
Bitcoin appears to be entering a period of consolidation following a brief burst of upward momentum earlier this week. After reaching nearly $86,000, the cryptocurrency has retraced slightly and is trading around $84,650 at the time of writing.
Arbitrum launched Converge, a new blockchain-focused on tokenizing real-world assets (RWAs) and boosting on-chain finance.
XRP price started a fresh decline below the $2.120 zone. The price is now consolidating above $2.00 and remains at risk of more losses below $2.00.
Bitcoin and Solana have emerged as dominant players in the crypto market during an especially turbulent first quarter of 2025. According to the Q1 Crypto Industry Report recently released by CoinGecko, the broader market experienced a major downturn.
So, who's got the ultimate lead?
A top crypto asset manager has doubled up on its backing of Dogecoin, asserting the meme coin is more than a joke due to its provision of actual utility. The company recently pointed to Dogecoin's community orientation, speed of transactions, and low costs as important benefits in the cryptoverse.
Ripple will be seeding the initial investment as its anchor investor, according to a release shared exclusively with The Block.
ProShares sets XRP ETF launch date while the SEC vs. Ripple case looms large over investor sentiment and future price action.
Arizona's push to integrate digital assets into state financial infrastructure is nearing a critical milestone. The post Arizona's Crypto Reserve Bill Nears Final Approval After House Passage appeared first on Cryptonews.
Market signals from Coinbase suggest potential Bitcoin recovery but Korean investors remain cautious and slow to re-enter the market.
Ethereum price started a fresh decline below the $1,620 zone. ETH is now consolidating and might attempt to recover above the $1,620 resistance.
Crypto research firm Galaxy Research has made a proposal to adjust the voting system that decides the outcome of future Solana inflation following the failure to come to a consensus in a previous vote.On April 17, Galaxy introduced a Solana proposal called “Multiple Election Stake-Weight Aggregation” (MESA) to reduce the inflation rate of its native token, SOL (SOL). The researchers described the proposal as a “more market-based approach to agreeing on the rate of future SOL emissions.
