Swedish fintech giant Klarna will ‘embrace crypto,’ CEO says

On this week’s episode of The Market Report, Cointelegraph’s resident experts explain what is going on with banks collapsing, stablecoins depegging and what you should do to stay safe. 2730 Total views 5 Total shares Own this piece of history Collect this article as an NFTThis week on The Market Report, the resident experts at…

Major cryptocurrency exchange Bitfinex and its spin-off Ethfinex have launched a new initial exchange offering (IEO) platform dubbed Tokinex. The news was revealed in a press release shared with Cointelegraph on May 21.As reported, IEOs have recently emerged as an alternative model of token offering wherein a centralized crypto exchange acts as a form of…

The head of Ripple SBI Asia asserts that hashpower is migrating from east to west, however, notes that significant tensions remain between Chinese and U.S. mining firms. 215 Total views 15 Total shares Speaking to Cointelegraph, the CEO of Ripple SBI Asia, Adam Traidman, predicted that the mining industry will continue to see hash rate…

Cryptocurrency exchange Kraken has acquired Interchange, an accounting and portfolio reconciliation service provider for institutional cryptocurrency investors.A press release published on July 31 outlines that the acquisition supports Kraken’s creation of an end-to-end crypto trading and reconciliation platform. An arsenal of tools for institutional clientsAs the release outlines, Interchange’s co-founders and crypto veterans Dan Held and…

The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities. 251 Total views 2 Total shares The United States Securities and Exchange Commission (SEC) has refuted the jury’s conclusion regarding Terraform Labs’ alleged violations and has

The results could be a good sign for the proliferation of distributed technology. A report called “Encryption Trends in Mexico 2020/2021” surveyed a total of 353 representatives from companies throughout Mexico.The study, published by privacy research center the Ponemon Institute, indicated that 40% of the Mexican companies surveyed were looking to adopt blockchain and cryptocurrencies…

A descending triangle breakdown coupled with XRP's correlation with Bitcoin can put downward pressure on price. 1542 Total views 5 Total shares Ripple (XRP) continued its correction trend on April 25, falling by 5.5% to reach $0.64, its lowest level since Feb. 28.More XRP price downside ahead?The plunge increased the possibility of triggering a bearish reversal…

On June 25, Ether (ETH) will face its largest options expiry in 2021 as $1.5 billion worth of open interest will be settled. This figure is 30% larger than March's 26 expiry, which took place as Ether price plunged 17% in 5 days and bottomed near $1,550. However, Ether rallied 56% after March's options expiry, reaching…

Bitcoin (BTC) price rallied over 12% on Feb. 15, marking the highest daily close in more than six months. Curiously, the movement happened while gold reached a 40-day low at $1,826, indicating some potential shift in investors' risk assessment for cryptocurrencies.A stronger than expected U.S. inflation report on Feb. 14 presented 5.6% growth year-over-year, followed…