Kraken is the first crypto firm in the US to gain a master account at the Fed for professional and corporate clients. Kraken has secured access to the Federal Reserve’s core payment systems through a master account for its banking arm, Kraken Financial, allowing it to move money on the same infrastructure used by traditional
Leopold Aschenbrenner has built a US stock portfolio heavily concentrated in companies that supply the power and infrastructure behind the artificial intelligence boom. The former OpenAI researcher, who left the lab’s superalignment team to launch San Francisco-based hedge fund Situational Awareness LP, has grown it from $383 million in assets in early 2025 to a
The Korean Stock Exchange was forced to halt trading after the escalating conflict in the Middle East prompted a major share price plunge on Wednesday. The South Korean Kospi and Kosdaq each plunged more than 10% during morning trading in Seoul, triggering a circuit breaker as the indexes saw their worst session since August 2024,
A month before bombs fell on Iran, Reuters reported that the US Treasury was investigating whether crypto platforms had helped Iranian officials evade sanctions. When airstrikes began on February 28, that investigation got a live stress test — and the results were revealing. The war did not break Iran’s crypto infrastructure — it proved how
Australia could unlock 24 billion Australian dollars ($17 billion) annually from advances in tokenized markets and digital assets, but only if lawmakers start moving forward with regulation, according to a new report from a local fintech research group. In a report titled “Unlocking Australia’s $24b Digital Finance Opportunity,” which was published on Monday, the Digital
Tether and Lugano Launch Plan ₿ Phase II, Targeting Global Leadership in Digital Infrastructure Stablecoin-issuer Tether and the City of Lugano today announced the launch of Plan ₿ Phase II (2026–2030), marking an expansion of the city’s initiative to integrate digital assets and decentralized technologies into public and economic infrastructure. Building on the pilot projects
Digital Credit: Strategy World Research Note For Institutions, Corporations, and Operators I went to Strategy World last week. On the Bitcoin side, this conference might as well have been called “Stretch World.” STRC (Strategy Variable Rate Perpetual Stretch Preferred Shares) was the main item of discussion. SATA, another variable rate digital credit instrument issued by
Prediction markets have fast repriced Fed rate cut expectations as inflation fears intensify following the escalating U.S.-Iran conflict. Rising oil prices have pushed energy costs higher, lifting inflation expectations and driving Treasury yields upward. Investors have reacted swiftly as geopolitical tensions threaten supply routes, raising concerns that higher prices could delay the Federal Reserve easing.