Kraken

Kraken, one of the leading centralized cryptocurrency exchanges, is set to launch its own blockchain, “Ink,” in early 2025. What Happened: This new blockchain will focus on decentralized finance (DeFi) applications, aiming to offer users a streamlined platform for trading, borrowing,...

Cryptocurrency exchange Kraken is pushing back against the U.S. Securities and Exchange Commission (SEC), demanding a jury trial in response to the agency’s ongoing lawsuit. What Happened: The legal battle, filed in the Northern District of California, comes as Kraken faces allegations of...

A California judge has ruled that the lawsuit filed by the Gary Gensler-led Securities and Exchange Commission against cryptocurrency exchange Kraken will proceed to trial, paving way for another high-voltage legal battle between the regulator and a high-profile blockchain-based company. What...

In a fresh vote on the Reddit MtGox forum, the majority of participants indicated they plan to hold onto their Bitcoin compensation rather than selling it immediately. What Happened: The survey, which garnered 467 responses, indicates that a majority of participants plan to hold onto their Bitcoin...

Kraken founder Jesse Powell has contributed $1 million to Donald Trump‘s presidential campaign, with the majority of the donation made in Ethereum (CRYPTO: ETH). What Happened: Powell announced his support on his X account, stating, “I am excited to join other leaders from our community...

Jeo Boden, a meme coin parodying President Joe Biden, has been listen by cryptocurrency exchange Kraken, prompting its price to surge by over 40%. What Happened: The exchange announced the listing of BODEN (CRYPTO: BODEN) and TREMP (CRYPTO: TREMP), a meme coin parodying former President Donald...

In the ongoing legal skirmish between Kraken and the U.S. Securities and Exchange Commission (SEC), the cryptocurrency exchange has challenged the SEC's linguistic precision in a fresh legal brief. What Happened: Kraken's defense, detailed in a response filed last Thursday, criticizes the SEC for...

Major cryptocurrency exchanges are revving up excitement for the upcoming Bitcoin halving event with creative ad campaigns. What Happened: Coinbase Inc. (NASDAQ:COIN) and Kraken, two of the leading US exchanges, have unveiled commercials highlighting the potential impact of the halving on Bitcoin...

SEC Chair Gary Gensler, speaking at a conference hosted by Columbia Law School on Friday, highlighted the critical role of transparency and regulatory compliance in the financial markets, with a particular focus on the burgeoning cryptocurrency sector. “There are participants in crypto...

"Rich Dad Poor Dad" is one of the most influential books of the past several decades. Written by Robert Kiyosaki, the book advocates for financial literacy and independence. The book has changed the lives of many, and Kiyosaki has gained lots of influence in the finance community.  Though...

Since Bitcoin was created in 2009, there has been a mystery surrounding who created the project. The founder, known as Satoshi Nakamoto, has largely remained anonymous. While there have been many attempts over the years to decisively discern who Nakamoto is, there have not been any definitive...

Over the past several years, MicroStrategy Inc. (NASDAQ:MSTR) and its Chairman Michael Saylor have been buying hundreds of thousands of Bitcoins, and the investment has been extremely successful. In a Feb. 26 report, MicroStrategy disclosed its most recent purchase of Bitcoin. Between Feb. 15 and...

Former President Donald Trump said Bitcoin has "taken a life of its own" when asked whether the U.S. should embrace the cryptocurrency during a Fox News town hall event before the South Carolina Republican primary last week. “You probably have to do some regulation. But many people are...

Over the past week, Ark Invest sold 93,435 shares of Coinbase (COIN). The shares were worth around $16 million and were sold across three exchange-traded funds (ETFs).  Ark sold 54,307 shares worth $9 million from the Innovation ETF (ARKK), 28,222 worth $4.7 million from the Next Generation...

MicroStrategy Inc. (NASDAQ:MSTR)  and its Chairman Michael Saylor recently disclosed their Bitcoin purchases for February, which totaled around 3,000 tokens for $155.4 million. The purchases were part of a slew of buys that MicroStrategy has made over the past several years. Saylor began...