Kraken

Highlights: Kraken launched a regulated derivatives platform in Bermuda, offering over 200 contracts, including perpetual and fixed-maturity futures. Bermuda’s clear regulatory framework attracts major crypto firms like Kraken, Coinbase, HashKey Global, and Binance. Kraken is expanding offshore after facing regulatory […]

Highlights: Kraken to delist Monero in the EEA due to regulatory changes, halting trading and deposits by October 31, 2024. Users can withdraw Monero until December 31, while the remaining balances will convert to Bitcoin at market rates. Regulatory pressures, […]

Highlights: Kraken acquires BCM, a Dutch crypto broker, expanding its European footprint and services before MiCA regulations take effect. The acquisition enhances Kraken’s registered VASP status in France and Poland, strengthening compliance and client experience. BCM clients will access Kraken’s […]

Highlights: Kraken challenges the SEC’s authority, arguing digital assets are not securities under the Securities Act and Exchange Act. Kraken seeks a jury trial, maintaining its stance that it did not violate federal securities laws. SEC lawsuit against Kraken proceeds […]

Highlights: A PEPE whale dumped 330 Billion tokens, drawing community interest. Whale retains 1 trillion PEPE tokens after recent significant transactions. PEPE’s NVT ratio hit an all-time high, signaling potential overvaluation amid mixed market reactions. Pepe (PEPE), the third-largest meme […]

Highlights: A United States court recently rejected Kraken’s bid for an appeal in its legal dispute with the U.S. SEC. The court case that began in November 2023 has negatively impacted Kraken’s outlook. The CLO at Kraken has reacted to […]

Highlights: Australia’s Federal Court rules against Kraken’s Bit Trade for regulatory non-compliance. ASIC emphasizes the importance of strict adherence to financial regulations in the crypto industry. Kraken commits to complying with court decisions amid legal challenges in Australia. On Friday, […]

Highlights: Bitstamp starts distributing Bitcoin, Bitcoin Cash, and Ethereum to Mt. Gox creditors on July 25, 2024. Approximately 20,000 former Mt. Gox users to receive over $9 billion in restored digital assets. UK customers are to receive their share of […]

Highlights: Mt. Gox creditors confirm receipt of payments from Kraken. Bitstamp and BitGo have not redistributed users’ tokens, as BitGo became the only exchange that has not received Mt. Gox payment. Bitcoin price drops slightly and could recover with time. […]

Highlights: Thomas Perfumo predicts Ethereum ETFs could attract up to $1 billion monthly Kraken partners with Atlético Madrid, merging sports with Web3 innovation Regulatory approvals and economic indicators boost crypto market optimism Thomas Perfumo, Kraken’s head of strategy, anticipates that […]

Kraken, one of the top crypto exchanges, has disclosed its partnership with Atletico de Madrid, Spain’s most iconic football club. Kraken will become the club’s Official crypto and Web3 sponsor, and the exchange’s logo is anticipated to appear on players’ […]

Highlights: An alleged security researcher exploited a Kraken bug to illegally withdraw $3 million, prompting discussions on ethical hacking. Kraken confirmed that the stolen funds were from its treasury, reassuring that no user funds were compromised during the breach. The […]