Kraken parent buys Magic Labs wallet business
Payward, the parent company of Kraken, is buying the wallet business of Magic Labs to expand its blockchain services.

Finance journalist at Grafa with years of experience covering Asia-Pacific financial markets at S&P Global, Mortgage Ezy, and GMA Network.
Payward, the parent company of Kraken, is buying the wallet business of Magic Labs to expand its blockchain services.
Australia and Singapore have signed an economic resilience protocol under their free trade agreement to protect essential supply chains.
SpaceX (NASDAQ:SPCX) shares fell to a new all-time low of $109.53 on Monday despite the company completing a successful Starship test flight days earlier.
Nuwellis (NASDAQ:NUWE), a medical technology company focused on cardiorenal solutions, reported preliminary second-quarter 2026 revenue growth of 14% year over year and first-half 2026 revenue growth of 20%.
Honeywell Technologies (NASDAQ:HON) completed its all-cash WWS sale to American Industrial Partners, with financial terms undisclosed.
Kura Oncology (NASDAQ:KURA) reported 33%–50% response rates for darlifarnib plus cabozantinib among 34 evaluable advanced kidney-cancer patients.
AstraZeneca (NYSE:AZN) reported second-quarter core EPS of $2.63, up 21%, as oncology and rare-disease sales grew.
Coinbase CEO Brian Armstrong said artificial intelligence agents are likely to complete more transactions than humans in the future, with cryptocurrencies powering those payments.
Anax Metals (ASX:ANX) has commenced front-end engineering design work for its 80%-owned Whim Creek Copper Project.
Google has expanded Anthropic's Claude AI assistant to access cryptocurrency wallet data through its platform.