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View More NewsKraken-backed KRAKacquisition Corp has completed an upsized $345 million initial public offering, listing its special purpose acquisition company units on Nasdaq to pursue future mergers or acquisitions.According to a Friday announcement, the special purpose acquisition company (SPAC) sold 34.5 million units at $10 each, including the full exercise of the underwriter’s over-allotment option. Each unit consists of one Class A ordinary share and one-quarter of a redeemable warrant exercisable at $11.50 per share.The units began trading on the Nasdaq Global Market under the ticker symbol KRAQU on Wednesday.KRAKacquisition was formed as a SPAC, also known as a blank-check company, which…
The Department of Homeland Security (DHS) is reviewing body camera footage of the encounter that culminated in Minneapolis protester Alex Pretti’s death on Saturday. That footage could help clarify the circumstances in which a Border Patrol agent and a Customs and Border Protection (CBP) officer fatally shot Pretti. When Immigration and Customs Enforcement (ICE) agent Jonathan Ross killed Minneapolis protester Renee Good on January 7, by contrast, he used his cellphone rather than a body camera to record the encounter. Although Vice President J.D. Vance claimed the resulting video confirmed that Ross shot Good in self-defense, it does not actually…
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Xi Jinping purges a million officials a year. China’s president finds corruption wherever he looks for it, like a Grand Inquisitor rooting out heresy. Lately, his fury has turned to members of the military command, and on 24 January, the great purge finally reached its zenith—a moment described by Dennis Wilder, former China analyst at the CIA, as “the most stunning development in Chinese politics since the early days of Xi’s rise to power.”As vice-chairman of the Central Military Commission, which heads the armed forces of the Chinese Communist Party (not of China, which has no army), Zhang Youxia was…
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from the inhumane-fucks dept Yeah, there’s the overt cruelty. There’s the murder of protesters. The chasing of day laborers across Home Depot parking lots.…
Dakar, January 30, 2026—The Committee to Protect Journalists calls on Cameroonian authorities to immediately release journalist Brand Kamga, who was arrested on January 19…
Wall Street’s payments giants are not sold on crypto’s usefulness in everyday transactions — at least not yet.In earnings calls this week, both Visa…
Bitcoin’s sharp reversal this week has pushed it outside the world’s 10 largest assets by market capitalization, underscoring how difficult price action has been…
Bitcoin dropped to the $88,000 level on Thursday as a rebound in the U.S. dollar and continued strength in commodities kept crypto trading in…
Bitcoin traded down on Wednesday as gold rallied 4.4% over 24 hours, adding a massive $1.65 trillion to its market cap in a single…
Fidelity Investments will expand its digital asset offerings with plans to launch its own U.S. dollar-pegged stablecoin, the Fidelity Digital Dollar (FIDD), the firm…
from the wut? dept The travesty that is RFK Jr. in charge of American health and what he’s done to the CDC’s ACIP committee…
Yesterday, my Civitas Outlook column discussed Anti-Semitism and Anti-Christian Zionism on the right. The piece led off with Kevin Roberts’s infamous defense of Tucker Carlson, but…
The Federal Reserve held interest rates steady on Wednesday, a decision that capped a sharp reversal in market expectations that had once favored an…
Bitcoin price breakouts fail to hold due to insufficient bid-side liquidity. Glassnode analysis identifies the key metrics that are likely to mark the next…
In brief Tokenized stocks and bonds remain subject to existing U.S. securities laws, regardless of whether ownership records are maintained on-chain or off-chain, the…