CryptoNews

Kraken, Moneygram Expand Crypto Off-Ramps Across 100+ Countries

Kraken and Moneygram are linking crypto balances to cash withdrawals through a global pickup network. The partnership supports local-currency payouts across hundreds of fiat currencies and more than 100 countries. Key Takeaways: Kraken partnered with Moneygram to support crypto-to-cash withdrawals across more than 100 countries. Customers can access local currency through Moneygram’s regulated…
Read more
CryptoNews

Coinbase Cuts 14% of Workforce, Targets Leaner AI-Era Model

Coinbase will cut about 700 employees as it restructures around weaker crypto market conditions and artificial intelligence-driven productivity gains. The company said the 14% workforce reduction is meant to manage expenses, streamline operations, and position Coinbase for…
CryptoNews

Bitmine Pushes $13.1 Billion Treasury as 5,180,131 ETH Position Reshapes Crypto Balance

Bitmine Immersion Technologies has unveiled a $13.1 billion treasury, with ethereum comprising roughly $12.1 billion of the total. Key Takeaways: Bitmine reached $13.1 billion in holdings on May 3, 2026, including 5.18 million ETH and 200 Bitcoin. Ranking as the #2 global treasury, Bitmine now trades $625 million daily, outpacing firms like DoorDash. Thomas Lee expects the CLARITY Act’s 2026…
Read more
CryptoNews

Tokenization Megatrend: Grayscale Names ETH, SOL, LINK in $30B Market

Grayscale Research said Ethereum, Solana, Canton, Avalanche, BNB Chain, and Chainlink are positioned to benefit as tokenized assets expand. The firm estimated tokenized assets at about $30 billion, up 217% year-over-year. Key Takeaways: Grayscale identified Ethereum, Solana, Canton, Avalanche, BNB Chain, and Chainlink as key beneficiaries of tokenization growth. Tokenized assets reached about $30…
Read more
CryptoNews

XRP Reaches 5M+ Merchants Through Rakuten Wallet Integration

Rakuten Wallet added XRP access to one of Japan’s largest consumer payment networks, a rollout highlighted by a Ripple manager on April 30. Users can convert Rakuten Points into XRP, trade in-app, and charge Rakuten Cash through Rakuten Wallet for spending via Rakuten Pay…
CryptoNews

Ripple Opens Dubai HQ as Regulated Payments Demand Rises

Ripple expanded its Dubai presence with a new regional headquarters to support Middle East and Africa growth. The office adds capacity to double its regional team as demand rises for regulated blockchain payment and custody solutions. Key Takeaways: Ripple opened a Dubai headquarters to expand Middle East and Africa operations. Regional demand is rising for regulated blockchain payment, custody…
Read more