Kraken

The amount of Ethereum (CRYPTO: ETH) being staked witnessed a significant surge, doubling in just a year with about 25% of all available Ethereum currently staked, up from 11% a year ago as of Sept. 22, 2023, according to a report. This rise in staking activities underscored the...

In a major move towards expanding its European footprint, crypto exchange Kraken has secured authorization from the Central Bank of Ireland as an E-Money Institution (EMI), while the Bank of Spain has recognized the digital assets provider as a Virtual Asset Service Provider (VASP)....

Before diving into the world of crypto staking, Jesper Johansen, founder and CEO of institutional staking entity Northstake, emphasizes the importance of understanding the regulatory framework and assessing counterparty risks. In an interview with Benzinga, Johansen also ...

San Francisco-based cryptocurrency exchange, Kraken announced its phased introduction of support for euro and British pound deposits through PayPal Holdings Inc (NASDAQ: PYPL). TThe funding option was introduced earlier this week and is currently available only on the Kraken mobile app....

Bitstamp, a leading cryptocurrency exchange, has announced the termination of its ether staking program for American clients starting next month. Bobby Zagotta, the U.S. CEO and global chief commercial officer of Bitstamp said, "Starting September 25, 2023, Bitstamp will no longer offer...

Kraken Ventures, the investment arm of the cryptocurrency exchange Kraken, is in the process of gathering funds for its second venture, despite the current challenging investment environment. The goal is to secure $100 million for this new fund, surpassing the $65 million that Kraken Ventures...

The anonymous creator of the viral Bald (CRYPTO: BALD) token has moved approximately $12 million in Ether (CRYPTO: ETH) back to the Ethereum blockchain. According to data from Lookonchain, the individual behind the bald token shifted 7,000 ether (valued at $12.9 million) from the Base (CRYPTO:...

Crypto exchange Kraken's co-founder Jesse Powell on Wednesday voiced his skepticism about the proposed restructuring plan for beleaguered FTX (CRYPTO: FTT). Kraken Co-Founder On FTX: Powell's remarks come in the wake of FTX's announcement detailing its proposed...

A digital wallet that had accumulated over 61,000 Ether (CRYPTO: ETH) during the initial coin offering (ICO) about eight years ago has now transferred the entire amount to another wallet. The wallet in question is believed to be associated with the cryptocurrency exchange, Kraken. The value of...

The Federal Bureau of Investigation (FBI) raided the Los Angeles residence of Kraken founder Jesse Powell in March, as part of a criminal inquiry focusing on allegations that he hacked and cyberstalked a nonprofit organization. The investigation primarily centers on the accusation made by the...

In a recent ruling, a federal court has mandated cryptocurrency exchange Kraken must provide account and transaction details to the Internal Revenue Service (IRS). The IRS stated it requires this information to investigate whether Kraken's users have failed to accurately report their...

Blockchain analytics firm Nansen announced that it has reduced its staff count by 30% as a result of harsh market conditions.  What Happened: This comes as several other crypto firms including Coinbase, Kraken, Crypto.com, and Gemini have also recently laid off part of their staff. According to...

The Securities and Exchange Commission (SEC) is expected to launch regulatory action against Coinbase Global Inc (NASDAQ: COIN) soon, according to a research report from Berenberg. It's a move that might resemble previous actions against competing cryptocurrency exchanges such as...

Raising concerns over the Securities and Exchange Commission's (SEC) handling of the digital asset landscape, the U.S. Chamber of Commerce, a major business interest group, is voicing criticism on behalf of digital asset detractors. The regulatory approach towards entities like Coinbase...

One of the biggest trending cryptocurrencies in 2022 was Shiba Inu (CRYPTO: SHIB). Trends on social media saw the cryptocurrency, which is based on the Shiba Inu dog breed, and similar to Dogecoin (CRYTPO:DOGE), generate huge interest. After falling in value, here’s a look at what an...