Kraken’s Ink sees explosive growth as DeFi powerhouse

Key Takeaways Kraken’s InkChain, built on the Optimism Superchain, has seen a significant increase in active addresses since January 2025. InkChain supports SuperchainERC20 tokens, enhancing cross-chain interactions and EVM compatibility within the DeFi space. Kraken’s Ink, a Layer 2 blockchain built on the Optimism Superchain, has recorded a surge in active addresses since late January … Read more

El Salvador Is Still Bitcoin Country

Follow Frank on X. El Salvador is still Bitcoin country, despite the fact that bitcoin is no longer legal tender in the country — at least from where I’m sitting. Let’s start with some background on the matter. On January 29, 2025, the Legislative Assembly in El Salvador voted to remove bitcoin’s status as legal … Read more

Japan’s FSA Compels Apple to Act on Unregistered Exchanges as Google Delays

Nikkei, Japan’s daily business newspaper, reports that it was learned on Feb. 7 that the country’s Financial Services Agency (FSA) has engaged Apple and Google, urging them to remove unregistered crypto exchanges from their respective app stores. Japan’s FSA Directs App Stores to Expunge Unauthorized Crypto Platforms On Friday, it was reported that the FSA … Read more

Strategic Bitcoin Reserve Legislation Gains Momentum in 15 States

A growing number of U.S. states are actively pursuing legislation to establish strategic bitcoin reserves, signaling increasing interest in cryptocurrency as a financial asset. Strategic Bitcoin Reserves: A Look at 15 States Taking Action This week, David Sacks, the U.S. crypto czar under President Donald Trump, told the press that he was tasked with exploring … Read more

Analyst reiterates CleanSpark as ‘Top Pick’ after Q1 report

Mike Colonnese, senior crypto analyst at H.C. Wainwright & Co., reiterated CleanSpark as the firm’s top pick following the company’s first-quarter earnings report. Bitcoin mining company CleanSpark reported its first-quarter results on Thursday, posting an 82% quarter-over-quarter increase in revenue to $162.3 million. The company benefited from a 33% rise in Bitcoin (BTC) production and … Read more