Kraken News

Stay updated on Kraken exchange news, regulatory developments, staking updates, product launches, and institutional crypto adoption.

Exchanges

Kraken to shutter operations in Japan by end of January 2023

Kraken said affected users should withdraw their funds before Jan. 31, 2023, and added that deposits will be suspended by Jan. 9, 2023.

3 years ago

Crime

US to investigate $372 million stolen in FTX exploit post bankruptcy

The DOJ is working with the Manhattan prosecution team handling the criminal case against SBF to investigate the missing funds.

3 years ago

Investments

Amber Group reportedly looking to downsize despite raising $300M

Amber group is allegedly looking to lay off 400 people and cancel performance-based bonuses.

3 years ago

Exchanges

Vitalik Buterin, Coinbase, Kraken, Binance promote trustless CEXs

Amid waning user trust in exchanges in the wake of the FTX collapse, Buterin discusses how CEXs can cryptographically prove solvency.

3 years ago

Crypto

CryptoSlate Wrapped Daily: Oldest Bitcoin holders start selling; FTX court filing reveals SBF’s $1B loans from Alameda

Bitcoin and Ethereum emerge as the second and third most shorted crypto, Genesis asked for a $1 billion loan but got rejected, and much more in this edition of CryptoSlate Wrapped Daily.

3 years ago

Exchanges

Kraken, Coinbase and Gate.io publish proof of reserves with liabilities

Their liabilities are evaluated as a part of an audit and are included in the proof-of-reserves.

3 years ago

Hacks

FTX hacker identity discovered by Kraken Exchange team

Kraken Exchange CSO, Nick Percoco, just announced via a tweet reply that the hackers identity has been discovered

3 years ago

Exchanges

Kraken’s Jesse Powell says crypto community should ‘raise standards’ to put end to bad actors

Expressing his anguish on the FTX collapse, Powell said that the crypto space should stop being trusting and start to verify.

3 years ago

Exchanges

Coinbase, Kraken down as Bitcoin breaks below June low

Coinbase and Kraken have been experiencing connectivity issues as FTT's slump dragged Bitcoin below its June lows of $18,000.

3 years ago

Exchanges

Kraken CEO Jesse Powell moving to Chairman role to focus on crypto industry advocacy

Powell would be replaced by COO Dave Ripley

3 years ago

Bear Market

Kraken CEO hopes to buy a Bugatti for 1 Bitcoin by year-end

Crypto exchange Kraken's CEO Jesse Powell recently told Bloomberg that he's still bullish on Bitcoin and hopes the price will see the price of the expensive car brand Bugatti.

3 years ago

Technology

Kraken report explores what’s superior — PoW or PoS

A recent study by Kraken concluded that neither PoW nor PoS mechanisms are the 'better' option. Instead, each has unique characteristics that fit better with different blockchain designs.

3 years ago