Kraken achieves revenue boost in Q1 2025 but faces North Korean hacking scareKraken dodges North Korean hack scheme while celebrating first-quarter revenue surge to $472 million.
Happy Friday!Kraken kicks off 2025 with a robust 19% revenue jump to $472 million and surging user activity, but not without drama-dodging a North Korean hacking attempt disguised as a job applicant. Meanwhile, institutional sentiment shifts as Two Prime drops Ethereum, calling it a memecoin amid ETH’s persistent slide. In a striking signal of confidence, public companies and ETF issuers have already secured 96% of all Bitcoin set to be mined this year. Get the full story behind these headline moves in today’s newsletter. 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.03 trillion, with a 24-hour volume of $74.3 billion. The price of Bitcoin is $97,617.01, and BTC market dominance is 63.9%. The price of Ethereum is $1,845.53, and ETH market dominance is 7.3%. The best-performing sector is Insurance, which gained 17%. The Crypto Fear & Greed Index is currently Greed (67). Kraken achieves revenue boost in Q1 2025 but faces North Korean hacking scare
Kraken dodges North Korean hack scheme while celebrating first-quarter revenue surge to $472 million. 📰 Top News
Two Prime drops Ethereum, labeling it a memecoin amid waning institutional interestWhile Bitcoin has shown classic mean-reversion signals since November 2024, ETH has continued to trend lower with limited rebounds. Public companies have already acquired 96% of all Bitcoin to be mined in 2025Together with ETF issuers and private companies acquisitions, publicly listed firms added 192,925 BTC to their chests in 2025, Doomsday clock hit 89 seconds to midnight but Bitcoin could turn back time?Bitcoin's roles as a flexible load balancer, methane mitigator, fixed-supply asset, and decentralized event sequencer could slow the clock. 📈 Latest Insights
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