Kadena (KDA) Price Collapses Nearly 56% After Shutdown Announcement
The cryptocurrency Kadena (KDA) plummeted nearly 56% after the network announced it would suspend operations for business activity beginning October 21.
Follow developments in the fast-changing world of digital assets. This section covers Bitcoin, Ethereum and other altcoins, regulatory moves, ETFs, exchanges such as Binance and Coinbase, plus DeFi and NFTs. We provide timely updates and insights into market trends, security issues and the innovations reshaping how people invest, transact and build in the crypto space.
The cryptocurrency Kadena (KDA) plummeted nearly 56% after the network announced it would suspend operations for business activity beginning October 21.
Crypto exchange and wallet provider Blockchain.com is in discussions for a U.S. public listing via a SPAC deal, with Cohen & Company Capital Markets advising the process.
Robinhood has expanded its tokenization initiative on the Arbitrum blockchain, deploying 493 tokenized U.S. stocks and ETFs worth over $8.5 million.
Tempo, a Stripe-backed blockchain startup focused on stablecoin payments, raised $500 million in a Series A round led by Thrive Capital and Greenoaks, valuing the firm at $5 billion.
BitMine chair Tom Lee and BitMEX co-founder Arthur Hayes remain confident that Ether will hit $10,000 this year, despite a recent market crash and only months left in 2025.
The Bank of England clarified that planned caps on stablecoin holdings and transaction sizes are a temporary measure, intended to preserve financial stability while monitoring adoption.
Paxos, the issuer behind PayPal’s PYUSD stablecoin, accidentally minted $300 trillion in excess tokens before swiftly burning the surplus and calling it a ‘technical error.’
Binance has unveiled a $400 million ‘Together’ initiative that includes a $300M USDC compensation program and a $100 million institutional support fund, as the exchange moves to restore user confidence after a volatile week for global crypto markets.
Donald Trump is now estimated to hold $870 million in Bitcoin, placing him among the largest individual crypto holders in the U.S.
A crypto whale placed a $900 million short bet against Bitcoin and Ethereum, signaling growing bearish sentiment amid volatile market conditions.
President Trump announced plans to impose an additional 100% tariff on Chinese imports, triggering an estimated $18 billion sell-off in crypto markets as investors react to renewed trade tensions.
Barry Silbert is launching Yuma Asset Management, backed by $10 million from DCG, to invest in AI-crypto infrastructure via Bittensor subnet tokens.
Shayne Coplan becomes the youngest self-made billionaire after ICE, the New York Stock Exchange parent, invests $2 billion in Polymarket.
BNB reached a record high near $1,330, surpassing XRP in market capitalization and reinforcing its position as the third-largest cryptocurrency.
ICE, owner of the New York Stock Exchange, is in advanced talks to invest $2 billion in prediction market operator Polymarket, in a move that could validate its U.S. return strategy.