Author: Kryptonews

A major shake up could be coming as on chain investigator ZachXBT says he will publish a full insider trading exposé on February 26, targeting what he calls a major industry player tied to systemic market abuse.Traders are not waiting. Prediction market volume around the target’s identity has surged toward $3M as participants hedge for potential fallout. Right now, odds point toward names like Solana based liquidity protocol Meteora and the Trump backed World Liberty Financial as leading suspects. Key Takeaways $6 Million Prediction Market Volume: Trading activity on the ZachXBT investigation market has surpassed $5.6 million as speculators attempt…

SAN FRANCISCO, CA – As artificial intelligence races ahead, some crypto executives believe it could become the force that finally pushes blockchain infrastructure into widespread use. Others aren’t convinced the leap is so straightforward.In a recent panel discussion at NEARCON 2026, Bitwise CEO Hunter Horsley described AI as “an unstoppable freight train,” arguing that its pace of development is unlike anything crypto has experienced. “AI is accomplishing a quarter’s worth of roadmap every two weeks right now,” he said, suggesting that projections based on previous crypto adoption cycles may already be outdated. “You have to dump the last six years…

Crypto asset manager Bitwise has acquired the staking services company Chorus One, which oversees more than $2.2 billion in staked assets and could help Bitwise expand its portfolio of crypto staking products.Bitwise said on Tuesday that 50 of Chorus One’s employees will join Bitwise Onchain Solutions, where several billion dollars’ worth of crypto assets are already staked. The acquisition could see Bitwise diversify its range of exchange-traded products, including staking, as the Securities and Exchange Commission has shown support for a broader range of crypto investment products.Staking allows holders of crypto tokens to earn rewards, typically between 2% and 10% a…

Stripe, which processed $1.9 trillion in transactions last year and was recently valued at $159 billion, is considering an acquisition of all or parts of PayPal (PYPL), according to a Bloomberg report.Deliberations are in early stages, the report continued.If completed, the deal would bring together two major payment firms that have both moved into stablecoins.PayPal launched its dollar-backed stablecoin PYUSD$1.0008 in 2022 through issuer Paxos. The token has since grown to a market value of about $4 billion. It allows users to move dollars across crypto networks at any time of day, often at a lower cost than bank wires.Stripe…

A partially dismantled sculpture by Alexander Calder in Washington, D.C. is, at long last, in the process of being restored, according to Roll Call, a publication that focuses on Capitol Hill-based news. The sculpture in question, Mountains and Clouds, fills the 90-foot-high, skylit atrium of the Hill’s Hart Senate Office Building, which was constructed in the 1970s and first occupied in 1982. Calder’s proposal was chosen from a group of five sculptors who were tasked with designing “a work that would harmonize with the atrium’s surrounding white marble architecture and yet stand apart from the cluttering distraction of adjacent doors,…

SAN FRANCISCO, CA – Crypto isn’t just building faster payments rails. It may be building the financial system for non-humans.As AI agents grow more autonomous, developers are already giving them crypto wallets, allowing software to hold assets, pay for services, trade tokens and even hire other agents. The technical pieces are falling into place. The legal ones are not.At a recent panel at NEARCON 2026, Electric Capital’s Avichal Garg framed the moment as historically significant.“What happens if there’s not a human behind it at all?” Garg asked. “It’s some piece of code that owns a wallet, executing code to make…

Nexo, a centralized finance platform that mainly concentrates on crypto borrowing services, has reported a 52% repeat borrower rate, an indicator that the number of borrowers has significantly increased on its trading network, according to a revelation disclosed today by market analyst CryptoQuant. Nexo is a centralized crypto lending and borrowing platform that allows users to buy, sell, trade, and borrow assets. Since its launch in 2018, the platform continues to offer borrowing, lending, and earn products targeting mainly retail customers but also caters to institutional clients’ needs. Licensed in several countries, Nexo serves global users with a variety of…

Crypto exchange Kraken has launched trading of tokenized equity perpetual futures on its regulated derivatives platforms, allowing eligible non-US clients to trade 24/7 leveraged exposure to major US stock indexes, gold and individual companies including Nvidia, Apple and Tesla.According to Tuesday’s announcement, the contracts are structured as perpetual futures, derivatives that trade without expiry, and are offered to eligible clients outside the United States. Kraken described the products as the first regulated tokenized equity perpetual futures to be listed on a derivatives venue.The products are built using the xStocks framework, which issues blockchain-based representations of publicly traded stocks and exchange-traded…

Elvira Dyangani Ose, director of MACBA, will step down at the beginning of April, ahead of her contract’s original expiration date in late July. The move concludes a tense dialogue with the MACBA Consortium, which had ruled that her appointment as director of the forthcoming Abu Dhabi Public Art Biennial conflicted with her duties at the Barcelona museum. Dyangani Ose succeeded Ferran Barenblit as director in 2021, becoming the first woman and the first person of color to lead the contemporary art institution. Born in Córdoba in 1974 to a family from Equatorial Guinea, she trained as an art historian…

Four years after the Luna meltdown, a new development is shedding light on the dramatic collapse of the multi-billion-dollar crypto project. Terraform Labs sues Jane Street, alleging insider trading and market manipulation during the 2022 TerraUSD collapse that erased $40 billion. Filed by court-appointed administrator Todd Snyder, the complaint claims Jane Street shorted TerraUSD (UST) while aware of significant liquidity shifts, allegedly accelerating a collapse that wiped out more than $40 billion in market value. The estate seeks to recover damages resulting from what it terms a coordinated strategy to exploit Terraform’s internal vulnerabilities. The lawsuit claims that Jane Street…