Latest News and Articles about Kraken
Kraken Launches xStocks: Tokenized Equities on Solana for Non-US Users
Kraken Launches xStocks: Tokenized Equities for Non-US Users on Solana Imagine trading Apple stocks from your smartphone in Kenya or Brazil, 24/7, without any fees. Kraken’s new xStocks platform makes this possible, bringing tokenized shares of major companies to non-US users via the Solana blockchain. This initiative aims to enhance global financial inclusion and open […]
Read MoreEthereum Co-Founder Moves $262M ETH to Kraken, Raising Sell-Off Concerns
Ethereum Co-Founder Transfers $262M in ETH to Kraken, Sparking Sell-Off Fears Ethereum co-founder Jeffrey Wilcke recently made a significant move by transferring 105,732 ETH, valued at approximately $262 million, to the crypto exchange Kraken. This transaction, which took place at block height 22524638 with a minimal fee of about $0.16, has ignited concerns about a […]
Read MoreRussia’s Kraken Dominates Darknet: 68% Surge Amid Global Crypto Decline
Russia’s Kraken Surges 68% Amid Global Darknet Crypto Downturn In 2024, global darknet cryptocurrency sales saw a 15% decline due to heightened law enforcement efforts, but Russia’s darknet market, Kraken, bucked the trend with a 68% increase in crypto transactions, amassing $737 million. This surge positioned Kraken as the leading darknet market by annual revenue […]
Read MoreKraken Foils North Korea Hacker’s Job Scam, Highlights Crypto Cybersecurity Needs
Kraken Thwarts North Korea-Backed Hacker’s Job Application Scheme Kraken, a leading cryptocurrency exchange, successfully thwarted an infiltration attempt by a North Korea-backed hacker who applied for a job posing as an engineer. The hacker’s deception was uncovered during the interview process, highlighting the growing trend of state-sponsored cyber attacks targeting the crypto industry. North Korea-backed […]
Read MoreKraken Launches Forex Perpetual Futures, Bridging Crypto and Traditional Markets
Kraken Dives into Forex with FX Perps Launch Kraken, a leading cryptocurrency exchange, has made a bold move into the realm of traditional finance by launching forex perpetual futures (FX perps) for the EUR/USD and GBP/USD pairs. This expansion signifies Kraken’s ambition to bridge the gap between crypto and conventional markets, offering traders new opportunities […]
Read MoreKraken Slashes Jobs and Expands into Traditional Markets Ahead of U.S. IPO
Kraken Slashes Workforce in Ongoing Layoffs as Exchange Preps for U.S. IPO Kraken, a major player in the cryptocurrency exchange arena, is undergoing a significant overhaul. The company is cutting jobs and merging teams, even as it continues to hire in critical areas. This move is part of Kraken’s preparation for a potential U.S. IPO […]
Read MoreKraken Expands in Canada: Secures Dealer Status, Appoints Del Pozo, Offers Free Deposits
Kraken Secures Restricted Dealer Status in Canada, Expands Crypto Services Kraken, a global crypto giant, has just unlocked a new frontier in Canada, promising easier access to digital currencies for Canadians. The exchange has successfully registered as a restricted dealer, appointed Cynthia Del Pozo as North America general manager, and introduced free Interac e-Transfer deposits […]
Read MoreKraken Boosts Ripple’s RLUSD: A Game-Changer for Cross-Border Payments
Kraken Embraces Ripple’s RLUSD, Boosting Stablecoin’s Cross-Border Payment Potential Kraken, a leading US crypto exchange, has added support for Ripple’s new stablecoin, RLUSD, enhancing its potential for cross-border payments. Launched in mid-December 2024, RLUSD has already surpassed a $293 million market cap and is now available on both the XRP Ledger and Ethereum blockchains. This […]
Read MoreTop 6 Crypto Exchanges Ranked: Binance, Kraken, OKX, Bybit, Poloniex, Coinbase
Best Rated Crypto Exchanges: Your Ultimate Guide Crypto exchanges are the backbone of the cryptocurrency world, serving as the gateway for millions to buy, sell, and hold digital assets. Choosing the right platform is vital for a secure and efficient trading experience. We’ve ranked the top six exchanges based on traffic, liquidity, trading volumes, security, […]
Read MoreUniswap and Kraken Lead Shift to Appchains for Scalability and Efficiency
The Great Appchain Migration: Uniswap’s Shift to Custom Infrastructure is Part of a Larger Trend The blockchain industry is witnessing a significant shift as major players like Uniswap and Kraken move from general-purpose blockchains to custom-built appchains. This trend is driven by the need for more tailored and efficient infrastructure, promising improvements in scalability, cost […]
Read MoreKraken Acquires NinjaTrader for $1.5B, Aims for 2026 IPO
Kraken Acquires NinjaTrader in Landmark $1.5 Billion Deal, Eyes 2026 IPO Kraken, the second-largest US-based crypto exchange by trading volume, has made a significant strategic move by acquiring NinjaTrader, a leading US retail futures trading platform, for $1.5 billion. This deal, set to close in the first half of 2025, is a crucial step in […]
Read More$1 Billion Bitcoin Exodus from Kraken and Coinbase Sparks Market Frenzy
Record-Breaking $1 Billion Bitcoin Withdrawal from Kraken Shakes Crypto Market The cryptocurrency world was rocked by Whale Alert’s report of three colossal withdrawals totaling over $1 billion in Bitcoin from the prominent U.S. exchange Kraken. These hefty transactions, along with significant movements from Coinbase, have ignited intense speculation about the motives behind these massive shifts […]
Read MoreKraken and Crypto.com to Launch Proprietary Stablecoins in Response to EU’s MiCA Regulations
Kraken and Crypto.com Set to Launch Proprietary Stablecoins Amid EU Regulatory Changes In a bold move to navigate the regulatory waves of the European Union, cryptocurrency giants Kraken and Crypto.com are preparing to launch their own proprietary stablecoins by 2025, prompted by the stringent requirements of the Markets in Crypto-Assets (MiCA) regulations. Kraken and Crypto.com […]
Read MoreKraken Eyes Majority Stake in Deribit, Aiming to Dominate Crypto Options Market
Kraken’s Strategic Leap: In Talks to Acquire Deribit, Shaking Up the Crypto Options Market Kraken negotiating majority stake in Deribit Deribit’s dominance in crypto options trading Expansion into UAE and valuation of $4-5 billion Competition from Coinbase Potential impact on the crypto sector Kraken, the San Francisco-based cryptocurrency exchange, is making headlines with its ongoing […]
Read MoreKraken’s Strategic Return to India: Overcoming 2024 Ban and Regulatory Hurdles
Kraken’s Bold Comeback: Navigating the Indian Crypto Market Post-2024 Ban Kraken, once banned from India, is now making a strategic return. The seventh-largest cryptocurrency exchange by trading volume was excluded from the Indian market in 2024 due to anti-money laundering violations. Now, the exchange is working diligently with local authorities to secure the necessary permits […]
Read MoreSatoshi Nakamoto’s Last Known Activity: Active Until 2014?
New Clues Emerge: Was Satoshi Nakamoto Active Until 2014? In a revelation that could reshape our understanding of Bitcoin’s mysterious creator, recent research by Coinbase Director Conor Grogan suggests that Satoshi Nakamoto may have been active on the blockchain until 2014. This discovery, based on transactions from wallets linked to Satoshi, indicates that these wallets […]
Read MoreKraken CEO Sues San Francisco Co-op for Alleged Crypto and Political Discrimination
Kraken CEO Jesse Powell Sues San Francisco Housing Co-op Over Alleged Cryptocurrency Discrimination Jesse Powell, the co-founder of the renowned cryptocurrency exchange Kraken, has filed a lawsuit against a San Francisco housing cooperative, alleging discrimination due to his ties to the crypto industry and his political views. Lawsuit filed against San Francisco housing co-op Alleges […]
Read MoreKraken Linked to Satoshi Nakamoto: New Clues in Bitcoin’s Origin Story
Kraken’s Potential Link to Satoshi Nakamoto: Unraveling Bitcoin’s Origins Conor Grogan, head of product business operations at Coinbase, suggests that Kraken may hold crucial information about the identity of Bitcoin’s mysterious creator, Satoshi Nakamoto, following his analysis of Satoshi’s Bitcoin wallets. Satoshi’s last transactions recorded on the Bitcoin blockchain in 2014 Possible link to Canadian […]
Read MoreKraken’s CaVirtEx Acquisition: A Clue to Satoshi Nakamoto’s Identity?
Kraken’s Potential Link to Satoshi Nakamoto: Unraveling the Mystery Could Kraken be sitting on the crypto world’s biggest secret? Conor Grogan, a director at Coinbase, has sparked a firestorm of speculation with his theory that Kraken’s acquisition of the Canadian exchange CaVirtEx back in 2016 might just be the missing piece in the puzzle. Kraken’s […]
Read MoreKraken Hires Ben Gray as Chief Legal Officer Amid SEC Legal Battle
Kraken Appoints Ex-Paxos Exec Ben Gray as New Chief Legal Officer Amidst SEC Turmoil The U.S.-based cryptocurrency exchange Kraken has enlisted Ben Gray, former Global General Counsel at Paxos, as its new chief legal officer, aiming to fortify its defense against a mounting SEC lawsuit. Kraken hires Ben Gray as chief legal officer Gray to […]
Read MoreKraken Halts Tether Trading in Europe by March 31 Due to MiCA
Kraken to Shutter Tether Trading in Europe by March 31 Kraken, a prominent cryptocurrency exchange, will halt support for Tether (USDT) and other non-compliant stablecoins for its European clients by March 31, 2024, due to the European Union’s Markets in Crypto Assets (MiCA) Regulation. This regulatory push joins Coinbase and Crypto.com in delisting Tether across […]
Read MoreKraken Relaunches Staking in U.S.: Aligns with Trump’s Pro-Crypto Policies
Kraken Relaunches Crypto Staking in the U.S., Aligning with Trump’s Pro-Crypto Policies Kraken has relaunched its crypto staking service in the U.S., expanding access to 37 states and two territories, aligning with President Donald Trump’s pro-crypto policies. This significant move aims to bolster the American crypto landscape. Kraken relaunches staking in 37 U.S. states and […]
Read MoreKraken’s Major Questions Defense Dismissed by Judge in SEC Lawsuit
Kraken’s Major Questions Doctrine Defense Dismissed in SEC Lawsuit A California federal judge has dealt a significant blow to cryptocurrency exchange Kraken in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), dismissing the exchange’s defense based on the “major questions doctrine.” Kraken’s major questions doctrine defense dismissed SEC’s regulatory authority upheld […]
Read MoreNYSE Listings Chief Predicts Crypto IPO Surge: Kraken, Circle, Telegram in Line
NYSE Listings Chief Foresees a Crypto IPO Surge Chris Taylor, NYSE’s vice president of listings and services, predicts a surge in initial public offerings (IPOs) from cryptocurrency companies, signaling a pivotal moment for the integration of cryptocurrencies into traditional finance. Crypto IPOs on the Rise Regulatory Winds of Change Notable Players in Motion SPAC Market […]
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