Short News
522 articles
Short NewsWill Paul Atkins Lead the SEC? Senate to Decide
The U.S. Senate will vote at 11:30 AM tomorrow to decide whether to move forward with the nomination of Paul Atkins as SEC Chair. If the cloture vote passes, a final confirmation could happen as early as 7:00 PM the same day. Atkins has been nominated to serve as a Member of the Securities and …
Elena R·9 Apr 20251 min
Kraken and Mastercard Join Forces
Kraken has partnered with Mastercard to make it easier for people in the EU to spend their crypto. With this collaboration, users can now use Bitcoin and other cryptocurrencies at over 150 million merchants where Mastercard is accepted. This move brings crypto one step closer to everyday use, allowing holders to pay for goods and …
Elena R·8 Apr 20251 min
Ripple Acquires Hidden Road for $1.25 Billion
Ripple has announced its acquisition of Hidden Road for $1.25 billion, marking a major step in the crypto world. With this deal, Ripple becomes the first crypto company to own and run a global, multi-asset prime broker. The partnership aims to deliver digital asset services to institutional clients at scale, creating a stronger bridge between …
Nidhi Kolhapur·8 Apr 20251 min
DOJ Shuts Down Crypto Unit Following Trump’s Directive
The U.S. Department of Justice has officially disbanded its crypto enforcement unit, effective immediately, following an order from Donald Trump. The move shifts the DOJ’s focus away from targeting crypto exchanges, mixers like Tornado Cash, and offline wallets. Instead, the department has been directed to prioritize prosecuting individuals who defraud or exploit digital asset investors. …
Nidhi Kolhapur·8 Apr 20251 min
Short NewsBinance Tax Case in Nigeria Delayed Until April 30
A Nigerian court has postponed Binance’s tax evasion case to April 30, giving the country’s tax authority more time to respond to a request from the exchange. The case involves serious claims—Binance is accused of owing $2 billion in back taxes and $79.5 billion in economic damages. Nigerian authorities allege the crypto platform’s operations contributed …
Elena R·8 Apr 20251 min
Short NewsArk Invest Doubles Down on Coinbase Amid Market Dip
Cathie Wood’s Ark Invest took advantage of the market downturn on Monday, buying 84,514 shares of Coinbase across two ETFs, totaling around $13.3 million. The ARK Next Generation Internet ETF (ARKW) picked up 64,806 shares, while the ARK Fintech Innovation ETF (ARKF) added 19,708 shares. Following the move, Coinbase now ranks as the second-largest holding …
Zafar Naik·8 Apr 20251 min
Metaplanet Goes All-In on Bitcoin, Clears Debt
Metaplanet has made a major financial move, fully redeeming ¥2 billion ($13.69M) in bonds, leaving only ¥3.75 billion ($25.65M) in outstanding debt. The company now holds 4,206 BTC, valued at ¥46.81 billion ($320.6M). The bold move shifts their balance sheet into crypto dominance, signaling confidence in Bitcoin over traditional finance. Metaplanet is sending a clear …
Qadir AK·7 Apr 20251 min
Is WazirX About to Make a Comeback?
WazirX has gained major support for its restructuring plan, with 94.6% of voting creditors (by claim value) saying “yes.” A total of 141,476 creditors voted, representing over $195.6M in approved claims. Of them, 93.1% voted in favor by count. The approval far exceeds the required threshold under Singapore law. With strong backing in hand, Zettai …
Qadir AK·7 Apr 20251 min
Short NewsWhy Bitcoin Price is Down Today?
Bitcoin’s price dropped below $77,000 due to a sharp selloff in global markets triggered by President Trump’s announcement of sweeping global tariffs. This sparked fears of a global recession, prompting investors to flee risk assets like crypto. Over $1.3 trillion was wiped from the crypto market, with major coins like Ethereum and Solana also seeing …
Qadir AK·7 Apr 20251 min