Kraken


Finance

Liquid Staking Protocol PStake Raises $10M in Strategic Funding

The round included investments from Galaxy Digital, Coinbase Ventures, Kraken Ventures and Alameda Research.

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Markets

SHIB Slumps Amid Speculation About Large Investor’s Holdings

An increased SHIB sell-off on centralized exchanges has come as the hype around the meme token has tapered off.

Shiba inu (Melody Less/Unsplash)

Markets

Market Wrap: Bitcoin Holds Above $60K After Fed Taper Announcement

Analysts see further upside despite lower trading volume.

Bitcoin price chart (CoinDesk, TradingView)

Markets

Crypto Exchange Kraken Fails to List SHIB, Despite Promise

The San Francisco-based exchange may have underestimated the power of SHIBArmy.

Credit: Pixabay

Policy

For $200, You Can Trade Crypto With a Fake ID

A black market is flourishing for “verified” accounts on major exchanges including Coinbase Pro and Binance US, a CoinDesk investigation found.

Illustration by Rachel Sun

Finance

India’s TikTok Rival Chingari Raises $19M From Alameda, Kraken and Galaxy Digital

Chingari will use the funds to develop its popular short video platform and launch its social token on the Solana blockchain.

Sumit Ghosh, co-founder of Chingari Media Pvt, poses for a photograph in Bangaluru, India, on Saturday, July 11, 2020. In late June, when India banned 59 Chinese apps, including global sensation TikTok, the short-video platform stopped working for its 200 million local users. Bangalore-based Chingari, had 3.5 million users that day, says it has now crossed 17.5 million. Photographer: Samyukta Lakshmi/Bloomberg via Getty Images

Videos

U.S. House of Representatives Bracing for $1T Infrastructure Bill Vote

CoinDesk’s Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest on the $1 trillion bipartisan infrastructure bill and its potential impact on crypto. Plus, his views on Kraken’s $1.25 million settlement with the CFTC, which accused the crypto exchange of offering margin lending products without the proper licensing.

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Tech

Kraken Reveals Security Vulnerabilities in Bitcoin ATMs

The machines’ manufacturer has released patches to mend the problem, but more revisions may be needed.

(Angel Garcia/Bloomberg via Getty Images)