Magic Labs Sells Wallet Business to Kraken Parent Payward
Magic Labs, the company behind the embedded wallet infrastructure used by apps including Polymarket and WalletConnect, sold its wallet business to Payward, the parent company of Kraken, and is rebranding itself as Newton...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Kraken is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
Read on The DefiantRelated market context
OKX Eyes 63 U.S. Stocks in Major Tokenized Trading Expansion
Key Takeaways: OKXICE informed the SEC about its plan to establish an online platform called “Tokenized Securities Venue” that wou...
Robinhood adds $25 million of Bitcoin to its own balance sheet
Robinhood is adding $25 million of Bitcoin to its balance sheet after executives previously debated whether corporate crypto holdi...
Pudgy Penguins’ parent firm shuts down its own blockchain
Pudgy Penguins’ parent company, Igloo Inc, announced the shutdown of Abstract Chain after “losing tens of millions of dollars over...
Polymarket’s upgrade won’t automatically move existing bets to new contracts
Polymarket’s Protocol V2 rollout does not automatically move existing bets held under its older Conditional Tokens Framework, or C...
GSR commits $100M to launch Hare, an onchain credit vault business
GSR's $100M investment in Hare could significantly enhance onchain credit infrastructure, potentially reshaping decentralized fina...
Conduit Sues Tether Over a $2.76M USDT Wallet Frozen for a Year
Conduit Technology has sued Tether after the stablecoin issuer froze $2.76 million in the company’s USDT and allegedly kept it loc...