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IG-Owned Crypto Exchange Pushes APAC Growth with Corporate Payments and Yield Products
IG Group-owned crypto exchange Independent Reserve is going to add payment capabilities and yield products for corporate customers across the Asia Pacific. Announced today (Tuesday), the new products will be part of its “next phase of regional expansion” and are slated to launch in the second half of 2026.
Join the
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CySEC-Regulated Kraken Unit Adds Futures Tied to Equities, Commodities, FX
Kraken Pro has introduced 70 traditional finance futures markets for eligible EU clients, giving them access to equity indices, commodities, and FX contracts alongside more than 290 existing crypto perpetuals.
Kraken Pro Expands Futures Access for EU Traders
According to Monday's announcement, the expansion lets users trade
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Polymarket Grabs Nearly 55% of Prediction Markets as Iran Bets Test CFTC Crackdown
Polymarket has generated 62.3 billion dollars in notional trading volume over the past three years, giving it a 54.5% share of the 114.4 billion‑dollar prediction markets segment tracked by Token Terminal.
Kalshi ranks second with 52 billion dollars in three‑year notional volume, underscoring how the two venues now dominate on‑chain and regulated
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MEXC Brings Zero-Fee Trading to Prediction Markets
Crypto exchange MEXC has launched a prediction market platform with zero trading and settlement fees, entering a sector that until recently was dominated by specialised venues such as Kalshi and Polymarket.
The move adds to a growing trend of large exchanges integrating event-based contracts into their trading ecosystems, potentially increasing competition in a market that has
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JP Morgan and Dresdner Kleinwort's Former Executives Launch Hong Kong Crypto Prop Firm
Former investment banking executives have launched a Hong Kong‑based crypto proprietary trading firm dubbed Velotrade Re Limited. The founders, Gianluca Pizzituti and Vittorio De Angelis, previously held derivatives roles at JP Morgan, Dresdner Kleinwort, and Bank of America.
Their earlier venture, Velotrade Management Limited, operates an active
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US Court Dismisses Major Claims in Binance Hamas-Linked Payments Case
A federal court in Alabama has dismissed key parts of a lawsuit accusing Binance, its US affiliate Binance.US, and former CEO Changpeng Zhao of facilitating transfers of cryptocurrency to terrorist groups.
Victims of the October 7 attacks had filed the complaint in February 2024. The plaintiffs alleged that the companies and Zhao
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Thai SEC Pursues Crypto Promoter as Investors Claim $40M Losses From Online Scheme
Thailand’s Securities and Exchange Commission (SEC) has confirmed that legal action against cryptocurrency promoter Worawat Narknawdee, also known as “Acme Traderist,” is ongoing, Bangkok Post reported. The statement followed renewed public attention after more than 30 alleged victims filed new complaints against him this week.
Complaint Filed With
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Chinese Fraud Victims Contest UK Compensation Plan for £3.2B Seized Bitcoins: Report
Chinese investors defrauded in a multi-billion cryptocurrency Ponzi scheme have asked the UK High Court to reject a government-backed redress plan for the 61,000 seized Bitcoin.
They argue that the proposal to route compensation through a Chinese scheme could strip them of the £3.2bn haul’s gains and leave British authorities holding much of the
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JPMorgan Accused of Ignoring Red Flags as Goliath Ventures’ $328M Crypto Ponzi Scheme Collapsed
Investors have filed a proposed class action against JPMorgan in the US District Court for the Northern District of California, alleging the bank enabled a $328 million cryptocurrency Ponzi scheme run by the now-defunct Goliath Ventures.
The lawsuit claims JPMorgan ignored suspicious transactions and allowed Goliath to use its banking infrastructure
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New Zealand Regulator Rules NZDD Stablecoin, Citing “Not a Financial Product”
New Zealand’s financial regulator has determined that the NZDD stablecoin does not qualify as a financial product. The decision follows an assessment conducted through the country’s financial technology sandbox program. Lawyers involved in the
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Bitpanda's Profit Falls 75%, Firm Blames Pre-IPO Spending Push
Bitpanda reported €371 million ($430 million) in adjusted revenue for fiscal year 2025, a 16% gain from the year before, as the Vienna-based crypto broker added users and stretched its product lineup.
Profitability, however, told a different story: adjusted EBITDA came in at €13 million, down from €52 million in 2024, a decline the company described
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U.S. Justice Department Launches Inquiry Into $1B Iran-Tied Transfers at Binance: Report
The U.S. Justice Department is investigating whether Iranian networks used cryptocurrency exchange Binance to move funds and evade American sanctions, according to a report by The Wall Street Journal.
The probe focuses on more than $1 billion in crypto transfers that allegedly passed through the platform to entities linked to Iran-backed groups,
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Ripple Seeks Australian License as It Expands Regulatory Footprint
Ripple said it plans to obtain an Australian Financial Services License (AFSL) through the acquisition of local firm BC Payments Australia, extending its regulated payments business in the Asia-Pacific region.
If approved, the license would allow Ripple to operate payment services in Australia under the country’s financial regulatory framework. The move adds to a broader set of
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Cryptocurrency Hack Losses Fall 87% in February as Scammers Shift to Phishing
As crypto investors caught their breath after a bruising start to the year, the tide of digital heists appeared to ease in February. According to new data from Nominis, hackers and scammers stole roughly $49.3 million across major incidents, down sharply from $385 million the month before.
Yet behind the seeming reprieve, experts warn of a
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Crypto Fraud Tops UK Agenda as £14B Losses Spur New Strategy
Fraud cost the UK economy £14.4 billion between 2023 and 2024, and the government plans to spend £250 million over the next three years to fight back. In its newly published 2026–2029 fraud strategy, the Home Office identified cryptocurrency scams as a growing threat to consumers and businesses.
Crypto Scams Emerge as a Core Focus
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