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Kraken parent to acquire Saldo Bank in new deal, Laura Shin reports

Kraken parent to acquire Saldo Bank in new deal, Laura Shin reports
Kraken parent to acquire Saldo Bank

Bitcoin dropped below $81,000, while Kraken parent company Payward has signed a deal to buy Saldo Bank.

Laura Shin also reported that Richard Heart, the founder of HEX, has reportedly been taken into custody in Istanbul. Additionally, Tether-linked funds reportedly reached a firm co-owned by Bo Hines.

Earlier this year, Laura Shin relayed that NEAR Intents GM Alex Shevchenko was developing Shield in response to a rise in AI-driven hacks since March. She also explored industry debate over whether Safe should introduce a fee for securing billions in crypto assets, reporting on mixed reactions from market participants. These developments come amid heightened attention to both security and business strategy in the digital asset sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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