Kraken

Kraken

Videos

Kraken's Head of Strategy on Crypto Winter Outlook

Recently, Kraken closed its Abu Dhabi office less than a year after securing a license in the region. This comes after the crypto exchange announced a wave of layoffs last year. Kraken's Head of Strategy Tomas Perfumo addresses reorganization, saying it was "independent of any any of event like FTX [but] born out of the notion we're trying to focus."

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Videos

Kraken's Head of Strategy on Crypto Winter, FTX Fallout

Kraken Head of Strategy Thomas Perfumo discusses what's next for the exchange following a year of crypto price collapses and a wave of industry bankruptcies. Perfumo also discusses the decision to close Kraken's Abu Dhabi office and the lingering crypto contagion concerns in the wake of FTX's collapse.

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Tech

Rocket Pool Community Voting Whether to Self-Limit Its Growth

If passed, the vote establishes a guiding set of principles to inform Rocket Pool’s decision-making process in limiting the percentage of staked ether in its ecosystem.

The Ethereum Merge is ready to launch. (DARPA/Wikimedia)

Markets

Crypto Investors Can Purchase Bankruptcy 'Put Options' to Protect Funds on Binance, Coinbase, Kraken

Investment firm Cherokee Acquisition is offering the options, which will allow account holders to recover 100% of their assets in the event the major exchanges file for bankruptcy and lock customer assets.

Bankruptcy (Gerd Altmann/Pixbay)

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.

CoinDesk placeholder image

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."

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