News Explorer — Kraken Launches kBTC as Wrapped Bitcoin Battle Expands

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Oct 17, 5:58 pm

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Kraken Launches kBTC as Wrapped Bitcoin Battle Expands

Kraken has launched kBTC, an ERC-20 token backed 1:1 by Bitcoin, competing with other wrapped Bitcoin products like WBTC, cbBTC, and 21BTC. The token will have on-chain reserves and be managed by Kraken Financial, offering transparency and security.

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Oct 17, 10:34 pm

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Worldcoin's New Ethereum L2 Wants to Serve Humans and Fight a Plague of Blockchain Bots

World, formerly known as Worldcoin, launched its Ethereum layer-2 network, World Chain, to attract human users and promo... Read Summary

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Oct 17, 10:16 pm

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Ethereum's Market Cap at Risk Due to L2 Network Adoption and Revenue Shift: VanEck Analyst

VanEck's research suggests Ethereum could lose trillions in market capitalization due to layer-2 network adoption. The s... Read Summary

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Oct 17, 8:52 pm

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MoonPay Customers Can Use Venmo to Buy Crypto

PayPal has expanded its crypto offerings by allowing U.S. customers to purchase digital coins and tokens like Bitcoin an... Read Summary

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Oct 17, 7:06 pm

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BlackRock Leads as Bitcoin ETFs Cross $20 Billion Milestone

Bitcoin exchange-traded funds (ETFs) have attracted over $20.2 billion in net inflows, with BlackRock's iShares Bitcoin... Read Summary

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Oct 17, 5:58 pm

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Kraken Launches kBTC as Wrapped Bitcoin Battle Expands

Kraken has launched kBTC, an ERC-20 token backed 1:1 by Bitcoin, competing with other wrapped Bitcoin products like WBTC... Read Summary

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Oct 17, 5:46 pm

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Polymarket US Presidential Prediction Market Tops $2 Billion in Betting Volume

Polymarket's prediction market for the U.S. presidential election has reached over $2 billion in betting volume, doublin... Read Summary

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Oct 17, 4:52 pm

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Meme Coins Are Pumping Even Harder Than Bitcoin Right Now

Bitcoin has seen an 11% increase in price over the past week, while meme coins like Turbo Toad (TURBO) have surged by as... Read Summary

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Oct 17, 4:02 pm

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Singer Liam Payne's Death Marked by Flood of Meme Coins

Over 140 memecoins related to Liam Payne's death were created on Pump.fun within minutes of the announcement. The coins ranged from tributes to distasteful themes exploiting the tragic event. Read Summary

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Oct 17, 3:53 pm

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FBI Arrests Man Over January 2024 SEC Bitcoin ETF Twitter Hack

A man was arrested by the FBI for hijacking the SEC's Twitter account to falsely announce Bitcoin ETF approval, causing... Read Summary

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Oct 17, 2:01 pm

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Ethereum Game 'Moonray' Skipping Crypto Features on PS5

Moonray, a combat arena game, will release on PlayStation 5 next year without Web3 features due to Sony's policies. The... Read Summary

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Oct 17, 1:05 pm

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Bitcoin Exchange Reserves Hit 2-Year Low—Why?

Bitcoin's reserves on exchanges have dropped to under 2.7 million BTC, the lowest in three years, signaling a shift in i... Read Summary

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Oct 17, 12:00 pm

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'Hamster Kombat' Season 2 Lets You Run a Game Company

Hamster Kombat, the tap-to-earn game on Telegram, is gearing up to launch a new season focused on building a video game... Read Summary

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Oct 17, 11:38 am

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Rising Bitcoin Dominance and Institutional Interest Drive Continuous Inflows Into Spot ETFs

Bitcoin spot ETFs have seen continuous inflows for four days, with rising Bitcoin dominance, record-high open interest,... Read Summary

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Oct 17, 11:00 am

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YouTuber Coffeezilla Flooded With Hate From Andrew Tate Fans After Questioning His Crypto Endorsements

Coffeezilla faced a barrage of abusive emails from Andrew Tate's fans after questioning Tate's crypto endorsements and S... Read Summary

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Oct 17, 11:10 am

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Canadian Victims of Bitcoin Sextortion Scams Urged Not to Pay Ransom

Bitcoin sextortion scams in Canada are using Google Maps streetview to intimidate victims into paying $1,900 in bitcoin... Read Summary

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