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Kraken to Place NFTs on Formula 1 Team’s Cars at the Grand Prix

Crypto exchange Kraken will place non-fungible tokens (NFTs) on the back of British F1 team Williams Racing's cars competing in the U.S. Grand Prix this October. Kraken CMO Mayur Gupta shares insights into the ongoing partnership and the state of crypto marketing amid crypto winter.

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An F1 Team Might Take a Bored Ape Across the U.S. Grand Prix Finish Line

As a part of an ongoing partnership with the Williams Racing team, crypto exchange Kraken will allow fans to submit and vote for NFTs that will be displayed on cars during the U.S. Grand Prix in October.

Through Kraken and Williams Racing's partnership, NFTs will be displayed on the back of the cars during the U.S. Grand Prix (Kraken)

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Kraken Co-Founder Jesse Powell Faces Probe on Claims of Hacking, Cyberstalking Non-Profit

Crypto exchange Kraken co-founder Jesse Powell is being investigated by Federal law enforcement on claims that he hacked and cyberstalked a non-profit that he founded, a lawyer for Powell confirmed after a report by The New York Times on Thursday. "The Hash" panel shares their reaction as a lawyer for Powell said he's done "nothing wrong."

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Kraken Co-Founder Jesse Powell Under Federal Investigation on Claims of Hacking, Cyberstalking Non-Profit

FBI agents searched Powell's Los Angeles home as it probes whether he interfered with computer accounts of Verge Center for the Arts. A lawyer for Powell said he's done "nothing wrong" and unrelated to "his conduct in the cryptocurrency arena."

CEO Jesse Powell says he's trying to insulate Kraken from “people who basically [think] if you don’t agree with them you’re evil.” (Kraken)

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Court Orders Kraken to Turn Over History Transaction and Account Information to IRS

The IRS first filed a court petition in February.

Consensus 2018 Sponsor branding kraken (CoinDesk)

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DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures

Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.

(Pixabay)

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Kraken NFT Marketplace Launches With Support for Ethereum, Solana and Polygon Collections

Now out of its public beta test, the platform has expanded to include over 250 NFT collections.

(PiggyBank/Unsplash)

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Kraken’s Canada Customer Deposits Rose After Binance, OKX Plan to Leave

Cryptocurrency exchange Kraken is reaping the benefits of staying in Canada after rivals such as Binance and OKX said they plan to withdraw. Kraken’s customer deposits in the country grew by 25% in the weeks following Binance’s announced departure in early May, according to data sent to CoinDesk from a Kraken representative. CoinDesk's Jenn Sanasie presents "The Chart of the Day."

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Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure

Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March.

Toronto, Canada (Shutterstock)

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Kraken’s Top Lawyer Says Signs of Progress in U.S. Congress Put SEC in Legal Bind

The exchange’s chief legal officer, Marco Santori, said the regulators must leave the big questions for Congress, and lawmakers are showing they’re moving forward on crypto.

Marco Santori (CoinDesk archives)