Kraken Launches Krak Card with 1% Cashback in UK and EU
2025-11-26
Kraken, one of the world’s longest-standing crypto platforms, has announced the phased rollout of the Krak Card, offering 1% cash back on all purchases, along with new features including salary deposits and expanded wealth-building options.
The Krak Card will first be available to users in the UK and EU, with additional markets to follow.
Offered in physical and virtual formats, the card allows instant spending using multiple balances with no foreign exchange or monthly fees.
Cash back can be received in local currency or Bitcoin.
Powered by Mastercard, the card supports over 400 crypto and fiat assets within the Krak app, enabling real-time conversion at checkout.
Users can select which assets to spend first and exclude certain holdings.
Mark Greenberg
“To us, everything is money. You
German Blockchain Funding Falls to Four-Year Low Despite $9.3B Venture Growth
2025-11-19
CV VC, together with the Frankfurt School Blockchain Center, has released the German Blockchain Report 2025, analysing venture capital activity in Germany’s blockchain sector from Q3 2024 to Q2 2025.
While overall German venture funding rose, blockchain-specific investment declined, representing the lowest share of national venture activity in four years.
Globally, venture funding reached US$411.9 billion across 21,872 deals, up 19.5% year-on-year, although deal counts fell 14.2%.
North America accounted for 63.1% of global funding.
Europe raised US$59.9 billion across 5,708 deals, down 8.7% in funding and 20.9% in deal volume, with a median deal size of US$2.5 million, below the global median.
Germany attracted US$9.3 billion across 522 deals.
Funding was up 10.4% but deal numbers fell
Binance Introduces QR Code Crypto Payments in Argentina
2025-11-03
Binance has introduced a new QR code payment feature in Argentina, enabling users to pay for products and services using cryptocurrencies directly from the Binance app at merchants that accept QR payments.
Transactions are processed instantly, securely, and without fees.
Andrés Ondarra, Binance General Manager for Argentina and the Southern Cone, described the launch as “a leap toward true financial freedom,” adding that it provides “speed, security, and flexibility to use your digital assets at any merchant, without fees or complications.
It is the simplest and most practical way to integrate cryptocurrencies into everyday life.”
To make a payment, users scan a merchant’s QR code with the Binance app, select a cryptocurrency, and confirm the transaction.
Binance automatically converts the
Thredd Extends Partnership with Bybit for Global Crypto Card Expansion
2025-10-31
Thredd has announced an expanded partnership with Bybit, the world’s second-largest cryptocurrency exchange by trading volume.
The collaboration supports the regional expansion of the Bybit Card, a multi-currency, crypto-linked payment card designed to connect digital assets with everyday transactions across key markets.
Thredd’s processing platform enables Bybit to scale operations and address regulatory requirements across regions through a single integration.
The platform allows market-specific programme configurations that meet local compliance needs while maintaining central oversight.
This setup has allowed Bybit to expand across several markets, with further growth planned.
More than two million users currently use the Bybit Card for features such as cardholder rewards and
Crypto Crime Surges in 2025, Set to Break Records
2025-08-14
Cryptocurrency crime is surging in 2025, with total crypto losses for the first half of the year already exceeding the 2023 total and on track to set a new record, according to a new report by American blockchain analysis firm Chainalysis.
This surge is being driven by thefts from cryptocurrency services, and personal wallet compromises.
Total crypto losses reached approximately US$2.8 billion in H1 2025, 12% higher than the 2023 total of about US$2.5 billion and equivalent to roughly 88% of 2023’s US$3.3 billion. At the current pace, losses could surpass US$4 billion by year-end, exceeding the previous record set in 2022.
Total crypto losses, Source: Chainalysis, Jul 2025
Crypto services as prime targets
This year, cryptocurrency services continue to bear the brunt of thefts, with over