A Canadian crypto entrepreneur survived a kidnapping attempt Monday night on one of Madrid’s busiest nightlife streets, after witnesses alerted police and helped foil the attack.

The incident occurred at approximately 11 p.m. near the intersection of Calle Claudio Coello and Calle Jorge Juan in the Salamanca district, a hub of high-end restaurants and bars. 

The victim had just left Lobito de Mar, the restaurant owned by chef Dani García, when three men forcibly removed him from the street, pepper-sprayed him, and threw him into a Ford Transit van.

Several pedestrians and residents on nearby balconies immediately called authorities. Spanish National Police tracked the…

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Crypto exchange Kraken has suspended its plans for an initial public offering, sources familiar with the matter told CoinDesk. 

The company’s parent, Payward, had filed a confidential draft S-1 registration statement with the U.S. Securities and Exchange Commission in November 2025. The filing valued Kraken at $20 billion, following an $800 million funding round that included a $200 million investment from Citadel Securities.

Kraken had planned to go public this year but now faces a market environment marked by falling crypto prices and weaker trading volumes. The downturn has prompted many digital asset companies to reconsider timing and structure for public listings.

Last year saw…

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Boltz Exchange launched USDT Swaps on March 18, 2026, introducing atomic, non-custodial swaps between sats on the Lightning Network and USDT on Arbitrum-based networks via USDT0.

The integration relies on USDT0, an omnichain version of Tether built on LayerZero’s Omnichain Fungible Token (OFT) standard. USDT0 concentrates liquidity into a single token primarily on Arbitrum, eliminating the need for Boltz to build separate liquidity pools and integrations across dozens of USDT chains like Ethereum, Polygon, Optimism, Rootstock, and others. This approach delivers seamless swaps to and from USDT to Bitcoiners that do not care to understand the complexities of blockchain bridge…

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U.S. Senators are pressing lawmakers to advance legislation aimed at clarifying Bitcoin and broader crypto market structure.

Sen. Cynthia Lummis emphasized urgency in remarks today at the D.C. Blockchain Summit today, saying, “This may be our only chance to get market structure done. I can’t be any clearer: The time for clarity is now.” 

She confirmed that the Banking Committee plans to mark up the bill in April, after the Easter recess.

“We really are going to get it out of the Banking Committee in April,” she added.

JUST IN: 🇺🇸 US Senator Cynthia Lummis urges lawmakers to pass Bitcoin and crypto market structure legislation ASAP:

“This may be our only…

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Breez, a lightning service provider and Bitcoin software lab, has introduced Passkey Login into its Breez SDK. The feature allows developers to build self-custodial wallets that use passkeys for authentication and key derivation, eliminating the traditional seed phrase requirement during normal use. 

Seed phrase support remains available for users who prefer it, keeping backwards compatibility with industry standards, but removing the “speed bump” in Bitcoin wallets, which prompts users to back up their 12 words. 

Breez explained the rationale behind this new feature in a press release shared with Bitcoin Magazine: “The seed phrase has been a barrier to self-custody since day…

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U.S. regulators took a decisive step toward reshaping crypto oversight yesterday, with the Securities and Exchange Commission and the Commodity Futures Trading Commission jointly issuing new guidance that states most digital assets are not securities.

The 68-page interpretation, released Tuesday, outlines how federal securities laws apply to cryptocurrencies and introduces a formal classification system for different types of tokens. The move marks a shift in tone and policy from prior years, when regulators often relied on enforcement actions and broad interpretations of securities law.

SEC Chair Paul Atkins framed the change as a return to clarity and statutory limits. 

“After…

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Bitcoin price dropped to the low $72,000 range early Wednesday, retreating from recent highs as traders reduced risk ahead of the Federal Reserve’s latest decision.

The pullback follows a strong multi-day rally that pushed the asset close to $75,000, its highest level since early February. That move has now stalled. Profit-taking has increased, and market participants appear reluctant to open new positions without clarity on macro conditions.

Trading activity reflects the shift in sentiment. Daily volume has declined sharply, signaling weaker conviction behind recent price action. 

In derivatives markets, futures open interest has flattened while funding rates have turned mixed to…

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