Articles for author: viralnado

October 23, 2025

viralnado

Kraken Achieves Record-Breaking Q3 Revenue with Expanded Trading Volumes and IPO Prospects

Kraken, one of the longest-standing cryptocurrency exchanges in the United States, announced impressive financial results for the third quarter of 2025, reporting a record revenue of $648 million. This figure represents an increase of 114% compared to the same period last year, marking the company’s strongest quarter to date. The exchange’s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose significantly to $178.6 million, supported by an expanded profit margin of 27.6%, up nine percentage points year-over-year. These results highlight Kraken’s robust financial health amid a rapidly evolving crypto market. Trading activity also surged, with total volume climbing 106%

October 23, 2025

viralnado

Controversy Erupts Over NC Republicans Blocking State Senator Michael Garrett’s Speech from Permanent Record

Recent political tensions in North Carolina have come to light following reports that Republicans in the state legislature refused to allow Democratic State Senator Michael Garrett’s speech to be entered into the permanent legislative record. The move has sparked outrage among Democrats and advocates for transparency, highlighting ongoing partisan battles within the North Carolina General Assembly. The title of the video referencing this incident suggests that a significant speech by Senator Garrett was deliberately excluded from official documentation by Republican colleagues. In state legislatures, speeches entered into the permanent record become part of the public archive and a lasting testament

October 23, 2025

viralnado

BNB Price Surges as Former Binance CEO CZ Receives Presidential Pardon from Trump

BNB, the native cryptocurrency of the BNB Smart Chain (BSC), experienced a notable price increase on Thursday following the announcement that former Binance CEO Changpeng “CZ” Zhao was granted a presidential pardon by Donald Trump. The token climbed approximately 7% during the day, trading near $1,145 according to market data from The Defiant. BNB currently ranks as the fourth-largest cryptocurrency by market capitalization, valued at over $158 billion. Although Binance’s platform underwent rebranding, the BNB Chain ecosystem remains strongly connected to the centralized exchange (CEX) and continues to receive official support from Zhao. The pardon marks a significant development nearly

October 23, 2025

viralnado

Stellar’s XLM Edges Slightly Down Amid Ripple Collaboration News

Stellar’s native token, XLM, experienced a modest decline of 0.4%, closing at $0.3123 as of 14:00 UTC on October 23. The cryptocurrency traded within a relatively tight range of $0.0132 (4.2%) over the previous 24 hours, reflecting fluctuating but constrained market activity. Trading volume surged sharply on October 22 at 21:00 UTC, with 62.1 million XLM tokens exchanged—a volume spike approximately 180% above its typical average. This sudden increase in trading triggered a selloff from $0.3081 down to a crucial support level at $0.3027, which now acts as the lower boundary of the coin’s current trading band. Despite a brief

October 23, 2025

viralnado

Revolut Gains MiCA License in Cyprus to Broaden Regulated Crypto Services Across Europe

Fintech giant Revolut has obtained the Markets in Crypto Assets (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), enabling the company to offer regulated cryptocurrency services throughout the European Economic Area (EEA), which comprises 30 countries. Serving over 65 million customers globally, Revolut emphasized that this regulatory approval reinforces its commitment to a compliance-first strategy in the crypto sector. The new license allows the firm to expand its portfolio of regulated digital asset offerings under the framework established by MiCA, which recently came into effect across the European Union, standardizing crypto market regulations. Revolut announced plans to launch

October 23, 2025

viralnado

Binance’s CZ Critiques Peter Schiff’s Tokenized Gold as Reliant on Trust

Changpeng Zhao, better known as CZ, the co-founder and former CEO of Binance, has publicly criticized Peter Schiff’s proposal to introduce a tokenized gold product. In a recent post on X (formerly Twitter), CZ characterized Schiff’s tokenized gold as a “trust-me-bro” asset, emphasizing its dependence on third-party custodianship rather than genuine onchain ownership. CZ explained that tokenized gold does not represent actual gold held on the blockchain but instead constitutes a promise that a third party will deliver physical gold at some future point. He highlighted the risks involved, noting that trust in these custodians might falter over time due

October 23, 2025

viralnado

Exploring the Big Questions Facing Canada Today

The title, “Let’s talk about Canadian questions….,” invites a timely and thoughtful dialogue on some of the pressing issues currently facing Canada. Whether these concerns relate to domestic policy, international relations, or social challenges, the phrase suggests an open conversation aimed at unpacking complex topics that impact Canadians across the nation. In an era marked by rapid change and evolving political landscapes, such discussions are vital for fostering understanding and shaping the country’s future direction. Canada, known for its multiculturalism and strong democratic institutions, is navigating a variety of political questions that resonate deeply with its citizens. Key themes likely

October 23, 2025

viralnado

Exploring Key Questions Shaping Canada’s Political Landscape

The title “Let’s talk about Canadian questions….” invites a deeper conversation about the critical issues facing Canada today. While the specific content of the discussion may vary, the phrasing suggests a thoughtful examination of topics relevant to Canadian citizens, policymakers, and observers alike. The phrase encourages engagement and dialogue, signaling a focus on challenges and opportunities that define Canada’s political, social, and economic environment. In recent years, Canada has experienced complex debates around several pressing questions: How to balance economic growth with environmental sustainability? What strategies can address Indigenous reconciliation and rights? How should immigration policies evolve in a changing

October 23, 2025

viralnado

MegaETH’s Pre-Market Valuation Rockets to $6 Billion as ICO Launches

MegaETH, an emerging Layer 2 network built on Ethereum, has announced the details of its third community-centric fundraising round. The initiative coincides with the introduction of MEGA pre-market perpetual futures on the Hyperliquid exchange, placing a significant spotlight on the project’s valuation and investor interest. The latest funding round adopts a unique pricing mechanism, starting with a baseline valuation of $1 million. Prospective investors will participate in an English auction format, which caps the maximum valuation at $999 million. In cases where demand surpasses the auction cap, the MegaETH team has expressed commitment to prioritizing its existing community members. Allocation

October 23, 2025

viralnado

Crypto Markets Hold Steady Ahead of U.S. Inflation Data and China-U.S. Trade Talks

Asian cryptocurrency markets are maintaining a cautious equilibrium midweek as traders await key U.S. economic data and developments in China-U.S. trade relations. Bitcoin (BTC) is trading near $108,164, showing a modest increase from the start of the week but still reflecting a 2% decline over the past seven days. Ethereum (ETH) remains close to the $3,815 mark, with trading volumes rising by 33% as market participants position themselves ahead of the upcoming U.S. Consumer Price Index (CPI) report scheduled for Friday. According to QCP Capital, the crypto market is currently experiencing a “narrow-range equilibrium,” with the CPI report serving as