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Oil Prices Surge as Middle East Tensions Escalate, Threatening Global Markets

Oil prices sharply increased on Friday following significant air strikes by Israel on Iran, sparking fears of potential supply disruptions across the region and triggering investor demand for safe-haven assets.

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ProCap Buys $386M in Bitcoin Ahead of Public Market Debut

Bitcoin-focused financial firm ProCap BTC, founded by crypto evangelist Anthony Pompliano, has made its first major bet on the digital asset — just days after announcing its intention to go public.

Barclays to Block Crypto Credit Card Transactions, Citing Volatility Risks

UK banking giant Barclays will block cryptocurrency transactions made via its Barclaycard credit cards beginning Friday, in a move the bank says is aimed at protecting customers from crypto market volatility and regulatory uncertainties.

Kraken Secures MiCA License Under New Crypto Rules

U.S.-based cryptocurrency exchange Kraken announced on Wednesday that it has received a Markets in Crypto-Assets (MiCA) license from the Central Bank of Ireland, paving the way for full-scale expansion across the European Union under the bloc’s new regulatory regime.

Turkey Unveils Sweeping Crypto Regulations to Curb Illicit Transactions

Turkey is ramping up its regulatory efforts in the cryptocurrency sector with a new set of stringent rules designed to combat money laundering and financial crime.

Ledger Launches Offline Recovery Tool to Strengthen Crypto Self-Custody

Ledger, the leading provider of hardware wallets for cryptocurrencies, has introduced Ledger Recovery Key, an entirely offline tool aimed at enhancing private key recovery without exposing users to the risks associated with cloud-based services.

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