Weekly Roundup: Kraken Knows Who’s Satoshi Nakamoto, Cboe To 24×5 Stock Trading

FX Moves This Week

Cboe launches 24×5 equities trading, Devexperts rolls out a futures platform, and Robinhood halts Super Bowl bets. The UK FCA seizes £6.5M from fraudsters, FINRA fines Apex $3.2M, and B2PRIME gets an FSCA license. Meanwhile, AI bubble fears wipe out $1T in market value, hitting NVIDIA hard. Plus, Vantage teams up with Ferrari F1. Stay ahead!

Cboe to launch 24×5 U.S. equities trading on EDGX

Cboe Global Markets has announced plans to introduce 24-hour, five-days-a-week (24×5) trading for U.S. equities on its Cboe EDGX Equities Exchange (EDGX). Read More

Robinhood halts Super Bowl betting following CFTC request

Popular trading app Robinhood suspended its Super Bowl betting feature after receiving a request from the Commodity Futures Trading Commission (CFTC) to halt customer access to the event contracts. Read More

NAGA revenue declines post-merger, but EBITDA margin improves

German broker NAGA (XETRA: N4G) reported preliminary results for the 2024 financial year, closing broadly in line with expectations as it completed a reverse merger with the former CAPEX Group. Read More

UK FCA confiscates over £6.5 million from insider dealer and convicted fraudster

The UK Financial Conduct Authority (FCA) has executed two major confiscation orders against financial criminals, securing over £6.5 million from a convicted insider dealer and a fraudulent investment scheme operator. Read More

Pay.com integrates Volt for real-time open banking payments

Pay.com has partnered with Volt, a global real-time payments platform, to enhance its open banking payments infrastructure. Read More

FINRA fines Apex Clearing $3.2 in first enforcement action under FINRA Rule 4330

FINRA has fined Apex Clearing Corporation $3.2 million for violations related to its fully paid securities lending program. Read More

Devexperts makes futures trading platform available to US brokers

Devexperts has launched a turnkey futures trading platform, designed for brokers expanding into futures and options on futures. The platform is available immediately and can be deployed out-of-the-box or customized. Read More

Is the AI bubble about to burst, or no bubble to begin with?

Investors, spooked by the potential disruption from DeepSeek’s breakthrough, wiped out approximately $1 trillion in market value, with NVIDIA suffering one of the worst single-day losses in stock market history. Read More

B2PRIME secures South Africa’s FSCA License

B2PRIME Group has obtained a Financial Services Provider (FSP) licence (No. 54191) from the South African Financial Sector Conduct Authority (FSCA). Read More

Vantage secures multi-year deal with F1 team Scuderia Ferrari HP

Vantage Markets has entered a high-profile partnership with Scuderia Ferrari HP, becoming an Official Partner of the legendary Formula 1 team in a multi-year deal that underscores both brands’ commitment to performance and innovation. Read More

Crypto Highlights This Week

Big moves in crypto! Kraken may hold KYC data on Satoshi, while Trump’s memecoin raked in $100M. A U.S. stablecoin bill is in the works, and Crypto.com plans a Cronos ETF for 2025. Bybit faces a $1M fine in India, and MicroStrategy rebrands as “Strategy” to double down on Bitcoin. Meanwhile, a Binance test memecoin soared 22,500% before crashing, and Gemini is eyeing an IPO. Stay tuned!

Kraken holds KYC data on Satoshi Nakamoto, Coinbase exec claims

Coinbase director Conor Grogan believes he identified Bitcoin addresses linked to Satoshi Nakamoto, suggesting the Bitcoin creator remained active onchain until 2014. Read More

Trump memecoin earns $100M as 200K traders suffered losses

Entities behind President Donald Trump’s cryptocurrency, $Trump, accumulated close to $100 million in trading fees in less than two weeks. Read More

Memecoin linked to law firms suing Pump.fun spikes to $23M market cap

A memecoin suspected to have been launched by a law firm as part of a class-action lawsuit against Pump.fun has drawn attention, briefly reaching a $23 million market cap. Read More

U.S. stablecoin bill mandates dollar backing and monthly audits

Republican Sen. Bill Hagerty plans to introduce a bill on Tuesday to establish a regulatory framework for stablecoins. Read More

Crypto.com to launch stablecoin, stocks, and Cronos ETF in 2025

Crypto.com has made launching an exchange-traded fund (ETF) for its native token Cronos (CRO) a top priority for 2025. Read More

LayerZero returns repurchased stake to FTX estate

LayerZero Labs reached a settlement with the FTX estate after nearly two years of legal disputes over transactions made with Alameda Ventures, the venture capital arm of Alameda Research. Read More

Bybit vows compliance after $1.06M fine and service suspension in India

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has been fined 9.27 crore rupees ($1.06 million) by India’s Financial Intelligence Unit (FIU) for violating the country’s Prevention of Money Laundering Act (PMLA). Read More

MicroStrategy rebrands as ‘Strategy’ to reflect Bitcoin focus

MicroStrategy, the largest corporate holder of Bitcoin, announced a rebrand, shortening its name to Strategy to reflect its growing focus on digital assets. Read More

Binance test memecoin surges 22,500% after CZ post, then crashes

A BNB Chain test memecoin (TST) saw an extreme price surge, briefly surpassing $52 million in market capitalization before plummeting to $15 million within minutes. Read More

Winklevoss-led Gemini mulls IPO as crypto industry eyes public markets

Tyler and Cameron Winklevoss’ crypto exchange Gemini is exploring an initial public offering (IPO). Read More