Daily Crypto News & Musings

Latest News and Articles about Kraken

Kraken 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 […]

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Kraken 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 […]

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Top 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, […]

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Uniswap 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 […]

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$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 […]

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Kraken 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 […]

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Kraken 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 […]

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Kraken’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 […]

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Satoshi 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 […]

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Kraken 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 […]

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Kraken 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 […]

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Kraken’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 […]

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Kraken Halts Tether Trading in Europe by March 31 Due to MiCA

4 February 2025 Daily Feed , , ,

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 […]

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Kraken Relaunches Staking in U.S.: Aligns with Trump’s Pro-Crypto Policies

4 February 2025 Daily Feed , ,

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 […]

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Kraken’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 […]

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NYSE Listings Chief Predicts Crypto IPO Surge: Kraken, Circle, Telegram in Line

25 January 2025 Daily Feed , ,

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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Tether’s USDT0 on Kraken’s Ink: A Game-Changer for Cross-Chain Transfers

19 January 2025 Daily Feed , , ,

Tether’s USDT0 Launches on Kraken’s Ink, Revolutionizing Cross-Chain Transfers Tether has launched USDT0, a new cross-chain stablecoin, on Kraken’s layer 2 blockchain, Ink, marking a significant advancement in enhancing USDT’s interoperability and liquidity. Tether launches USDT0 on Kraken’s Ink on January 16 USDT0 uses LayerZero’s OFT standard Aims to improve USDT’s interoperability and liquidity Functions […]

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FTX Begins $16 Billion Payout: Key Details and Market Impact Revealed

5 January 2025 Daily Feed , , ,

FTX Payout Plan Officially Takes Effect Today, A Key Milestone for Creditors Today marks a pivotal moment for those affected by the FTX crypto exchange’s collapse, as the long-awaited repayment plan officially begins. This plan promises to redistribute approximately $16 billion back to creditors, offering a glimmer of hope while highlighting the challenges in managing […]

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Ethereum Genesis Whale Moves $11.37M to Kraken, Signals Market Exit

200k Ethereum Genesis Whale Awakens: $11.37M Sent to Kraken A long-dormant Ethereum whale, who received 200,000 ETH during the 2015 genesis block, has transferred 3,370 ETH worth $11.37 million to Kraken. This latest move is part of a series of liquidations throughout 2024, indicating a strategic exit from the market. Genesis whale transfers 3,370 ETH […]

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Kraken vs SEC: Legal Battle Could Redefine Bitcoin and Ether Regulation

25 December 2024 Daily Feed , , ,

Kraken vs SEC: Unpacking the Crypto Classification Conflict Kraken, a heavyweight in the cryptocurrency exchange landscape, is embroiled in a contentious legal dispute with the US Securities and Exchange Commission (SEC). At the heart of this clash lies a discovery disagreement that could reshape how cryptocurrencies like Bitcoin and Ether are classified and regulated. Kraken […]

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Crypto Giants Invest in Trump’s Inauguration: Seeking Regulatory Clarity or Favoritism?

Crypto Companies Fund Trump’s Inauguration: Strategic Investment or Regulatory Favoritism? The cryptocurrency industry is buzzing with curiosity and speculation as major players like Ripple, Kraken, and Coinbase have collectively poured millions into Donald Trump’s inauguration. Are these donations strategic efforts to secure favorable regulatory conditions, or simple attempts to gain favor with the incoming administration? […]

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