Kraken’s Quarterly Revenue Jumps 19% to $472M in Q1, Trading Volume Rises by 29%

Crypto exchange Kraken reported $472 million in revenue for the first quarter of 2025, up 19% from a year earlier despite a softening crypto market. The exchange’s adjusted EBITDA (profit before deductions) reached $187 million, a 17% rise year-over-year. Trading volume on the platform, rose 29% year-over-year, and funded accounts grew by 26%, while assets … Read more

Pinterest users left confused by mass account suspensions

Pinterest is having some weird moderation issues. Reports of sweeping pin removals and account suspensions have appeared across social media platforms like Instagram, TikTok, and X, with many users saying they received no warning or explanation about the ban before being locked out of their accounts.  The r/Pinterest subreddit is also currently dominated by posts … Read more

European Union to ban anonymous crypto and privacy tokens by 2027

The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027. Under the new Anti-Money Laundering Regulation (AMLR), credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies. “Article 79 of the … Read more

TikTok fined $600 million for sending user data to China

TikTok has been ordered to pay €530 million (around $600 million) for sending European users’ data to servers in China, a breach of the European Union’s General Data Protection Regulation (GDPR). TikTok has six months to bring its data processing into compliance, pending any possible appeal. The Irish Data Protection Commission (DPC) found that TikTok … Read more

Crypto Daybook Americas: All Eyes on Jobs, Fed as Bitcoin Prepares for Breakout Rally

By Francisco Rodrigues (All times ET unless indicated otherwise) Markets seem bullish ahead of the jobs report due later Friday, with bitcoin (BTC) rising toward $97,000 after stocks rose for an eighth straight day on Thursday. That gave the S&P 500 its longest rally since August as investors grew more confident that trade tensions between … Read more

Circle’s Refund Protocol, explained: Bringing refunds to stablecoin payments

Why are refunds important in stablecoin payments? Anyone who has used traditional payment systems will likely be familiar with refunds and chargebacks. If a purchase goes wrong, like receiving damaged items or not receiving the product at all, the payer can file a complaint with the seller to recover their funds. This process of refunds … Read more

The Biggest Problems Can’t Be Googled

Throughout history humanity solved problems with the toolbox of its time. It caused delays of hundreds of years in progress. Abandoning old intuitions solved more than the original problem The fact we are living inside events is misleading. It is not the Matrix. It is the availability bias to blame. We think what we see … Read more

The Chromecast is back, but not as we know it

The Cast 150 looks an awful lot like a Chromecast. When Google killed its diminutive Chromecast line to replace the dongles with the TV Streamer set-top box, not everyone was happy about the change. Fortunately, if you’re hankering after a new version of Google’s old streamer, the Thomson Cast 150 might just fit the bill … Read more

Movement Labs suspends co-founder following MOVE market turmoil

Movement Labs confirmed the suspension of its co-founder, Rushi Manche, following controversies over a market maker deal that he brokered. Movement announced the suspension of Manche in a May 2 X post, explaining that the “decision was made in light of ongoing events.” The decision follows Coinbase’s recent decision to suspend the Movement Network (MOVE) … Read more

UK’s FCA Seeks Public and Industry Views on Crypto Regulation

The U.K.’s Financial Conduct Authority (FCA) is seeking views on intermediaries, staking, lending, borrowing, and decentralised finance (DeFi), in a discussion paper released on Friday. The discussion paper follows draft legislation by the Treasury that was announced on Tuesday. Once the legislation passes it will bring specific crypto activities within the FCA’s regulation, the regulator … Read more

From digital identity to outer space: Projects push crypto use cases

As the crypto space developed, blockchain use cases expanded from simple digital currencies and non-fungible tokens (NFTs) to more complex areas such as digital identity verification and telecommunications.  Ahead of the Token2049 event in Dubai, Cointelegraph spoke with Spacecoin CEO Stuart Gardner, Spacecoin founder Tae Oh, and Humanity Protocol founder Terrence Kwok to explore how … Read more

Stablecoins: Depegging, fraudsters and decentralization

Opinion by: Merav Ozair, PhD Lately, stablecoins are everywhere — this time around, headed by “traditional” financial institutions. Bank of America and Standard Chartered are considering launching their own stablecoin, joining JPMorgan, which launched its stablecoin, JPM Coin — rebranded as Kinexys Digital Payments — to facilitate transactions with their institutional clients on their blockchain … Read more