Kraken

Kraken

Finance

Genesis’ Crypto Trading Arm Is Moving Money Around, a Sign of Normality Amid Sibling’s Bankruptcy

About $125 million was sent to exchanges in the run-up to Genesis’ lending division filing for Chapter 11 protection. More was moved the next day.

Business as usual for the Genesis trading arm. (Getty Images)

Finance

Gemini’s Bitcoin Inflows From Other Exchanges Dropped to Roughly Six-Year Low, CryptoQuant Data Shows

The data suggests traders may be finding Gemini to be less desirable than other exchanges.

(CoinDesk and CryptoQuant)

Videos

Crypto Exchange Kraken to Exit Japan at End of January

Cryptocurrency exchange Kraken said it will exit Japan and de-register from the Financial Services Agency (JFSA) as of January 31. Umee Founder and CEO Brent Xu discusses Kraken's decision following its recent 30% layoff of its global workforce.

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Markets

First Mover Americas: Sunset for Kraken in Japan

The latest price moves in crypto markets in context for Dec. 28, 2022.

Japanese flag (Shutterstock)

Finance

Crypto Exchange Kraken to End Japan Operations

The company will close shop in the country at the end of January.

Cityscape Tokyo, Japan (Ryo Yoshitake/Unsplash)

Videos

Binance Chief Strategy Officer on Proof of Reserves System

Reacting to Kraken's Jesse Powell tweeting about Binance's proof of reserves system, Binance Chief Strategy Officer Patrick Hillman discusses the crypto exchange's bitcoin reserves. "In the end, the marketplace is going to mandate this ... we're going to do what's required of us."

Recent Videos

Videos

Kraken Lays Off 30% of Global Staff Amid Crypto Winter

Crypto exchange Kraken is cutting 30% of its global workforce – around 1,100 people – in response to the crypto market downturn. This comes as it reached a settlement with the Treasury Department over serving customers in Iran. "The Hash" panel discusses the latest in a string of continued layoffs across the industry.

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Finance

Kraken recorta el 30% de su personal por el invierno cripto

El exchange de criptomonedas despidió a 1100 personas y volvió a la cantidad que tenía hace 12 meses.

Consensus 2018 Sponsor branding kraken (CoinDesk)

Policy

Binance, Coinbase Among Crypto Firms Questioned by US Senator After FTX Mess

Ron Wyden, chairman of the Senate Finance Committee, sent letters to crypto companies demanding answers about their consumer protection practices.

U.S. Sen. Ron Wyden (Drew Angerer/Getty Images)