Kraken


Tech

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.

Kraken co-founder Jesse Powell (CoinDesk)

Finance

Crypto Exchange Kraken Launches Wrapped Bitcoin Token kBTC

The token will be available on both Ethereum and OP Mainnet.

Kraken Crypto App

Markets

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.

(Unsplash)

Policy

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.

Sydney Opera House in Australia (Stanbalik/Pixabay)

Finance

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 has hired Natasha Powell as U.K. head of compliance: sources. (BCB Group)

Policy

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.

Screenshot from Kraken's promotional materials for its new wallet (CoinDesk/Kraken)

Markets

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.

Sale (Markus Spiske/Unsplash)

Videos

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.

Recent Videos

Policy

SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules

The federal regulator sued Kraken in California last year, alleging that the crypto company failed to register with the SEC as a broker, exchange or clearinghouse.

Kraken CEO and former COO David Ripley (Kraken)

Policy

Australia's Securities Regulator Wins Case Against Kraken's Local Operator

The Judge ruled that Bit Trade Pty Ltd. issued its financial product to retail clients without having first made a target market determination for the product.

Kraken logo on a phone. (PiggyBank, Unsplash)