Kraken
Is Optimism's 'Superchain' Winning the Ethereum Layer-2 Race?
One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where teams encouraged developers to clone their code to spin up new layer 2s. Now, one project in particular, Optimism, appears to be pulling away as the clear leader.
Kraken Picked Optimism's 'Superchain' After Getting a Pile of OP Tokens
CoinDesk is first to report that the crypto exchange Kraken's decision to build on Optimism's OP Stack framework came with a big, previously undisclosed grant from the Optimism Foundation – of 25 million OP tokens, worth about $42.5 million at the current price.
Kraken Picks Optimism for New Layer-2 Network, Joining Coinbase's Base on 'Superchain'
The disclosure comes nearly a year after CoinDesk broke the news that Kraken was considering its own layer-2 network, following the runaway success enjoyed by Base after it launched in mid-2023.
Crypto Exchange Kraken Launches Wrapped Bitcoin Token kBTC
The token will be available on both Ethereum and OP Mainnet.
Crypto Investors Mostly DCA Into Their Coins, Finds Kraken
Dollar-cost averaging can help remove emotion from decisions and focus on long-term outlook, a Kraken executive told CoinDesk.
Australia's Police Confiscates Crypto Worth $6.4M in Crackdown on 'Ghost' Messaging App
Operation Kraken has nothing to do with the cryptocurrency exchange Kraken, the company said.
Crypto Exchange Kraken Said to Hire Natasha Powell as UK Head of Compliance
Powell will start in her new role at the crypto exchange in November.
Kraken Seeks Jury Trial in SEC Lawsuit, Presents Defense Arguments
Binance and Coinbase also face similar allegations by the SEC of violating federal securities laws for failing to register as a broker, clearinghouse or exchange.
Bitcoin Bargain Hunters Active on Kraken and Coinbase, CCData Shows
Bargain hunters are active on Kraken and Coinbase, snapping up coins at perceived discounts as selling pressure from other exchanges keeps prices under pressure.
SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will proceed to trial. Plus, Celsius' bankruptcy administrator paid out over $2.5 billion to creditors, and PayPal's stablecoin, PYUSD surpassed $1 billion in market cap.
