Kraken News
Federal Prosecutors Decline to Charge Kraken Founder Jesse Powell
The Department of Justice has quietly closed its two-year investigation into Jesse Powell, the founder of cryptocurrency exchange Kraken. The move comes after federal agents raided his home and seized...
Now Trade Top U.S. Stocks 24/7: Kraken Rolls Out Tokenized Apple, Tesla, Nvidia On Solana
Kraken, one of the world’s leading cryptocurrency exchanges, is preparing to roll out tokenized versions of over 50 U.S.-listed stocks and Exchange Traded Funds (ETFs). This ambitious initiative, dubbed xStocks,...
Kraken’s Report: Law Enforcement Data Demands Surge Nearly 40%
Leading crypto exchange Kraken has released its 2024 Transparency Report. It shows a big 38.6% increase in global law enforcement and regulatory data requests compared to 2023. Specifically, the company...
Kraken Co-Founder Jesse Powell Sues SF Co-op, Alleges Discrimination
The co-founder of leading cryptocurrency exchange Kraken, Jesse Powell, took to X (formerly Twitter) to announce a lawsuit that he has filed against a high-end apartment building’s co-op in San...
Federal Judge in Kraken Case Aligns with Ripple Ruling, Rejects SEC’s Crypto Securities Classification
A federal judge presiding over the SEC’s case against Kraken has echoed the reasoning in the SEC v. Ripple decision, emphasizing the distinction between the crypto assets themselves and the...
Kraken Begins FTX Claims Payouts for Creditors Under $50K
Kraken has officially commenced the distribution process for claims related to the collapsed cryptocurrency exchange, FTX, according to Sunil FTX creditor activist Creditors who chose Kraken to handle their claims...
FTX Slams Backpack’s Misleading FTX EU Fund Distribution Claims
FTX came out strong against Backpack’s takeover of FTX EU and how it said funds would be given to FTX EU customers. This happened because Backpack made claims that worried...
Bitvavo vs. Kraken: Who Leads Europe’s €50B Crypto Trading Boom?
The European crypto market changed dramatically, with euro-denominated trading volumes reaching a multi-year high of nearly €50 billion in November 2024, according to Kaiko’s Research report. Exchanges like Bitvavo and...
FTX Chapter 11: BitGo, Kraken to Handle January 2025 Distributions
FTX’s court-approved Chapter 11 plan takes effect on January 3, 2025; a major step forward in the exchange’s recovery efforts. FTX will distribute $12 billion in Q1 2025 through BitGo...
PEPE Whale Earns 31x Profit—What’s Next for the Token’s Price?
A Pepe Coin (PEPE) whale just deposited 356.2 billion PEPE tokens—worth $7.3 million—to Kraken. This whale was able to make a 31x return on their initial investment. Spotonchain data shows...
Kraken Reveals 19 Tokens on Listing Roadmap, Including BNB, DYDX and Meme Coins
Kraken, the second-largest U.S.-based crypto exchange, revealed plans to potentially list 19 tokens, including notable assets such as BNB, DYDX, and meme coins like DOGS and GOAT. The exchange outlined...
Kraken Faces Setback as Judge Rejects Appeal Bid in SEC Case
California Judge William Orrick has denied Kraken’s request to appeal a prior decision that allowed the U.S. SEC lawsuit against the crypto exchange to move forward. In a November 18...
SEC v. Kraken: Interlocutory Appeal Denied, Howey Test to Determine Fate
In the SEC-Kraken lawsuit, Judge William Orrick rejected the exchange’s motion for an interlocutory appeal. The judge stated that the appeal would only delay the resolution of the ongoing lawsuit...
Global Dollar (USDG) Stablecoin Launched by Industry Giants
Major players in the digital asset industry, including Robinhood, Paxos, Kraken, Nuvei, Bullish, Anchorage, and Galaxy Digital, have partnered to launch a new stablecoin called the Global Dollar (USDG). The...
Pump.fun Moves $14.97M in SOL: Impact on Solana’s Price?
Pump.fun transferred 90,000 Solana (SOL), worth about $14.97 million, to Kraken. This sale increased pump.fun’s fee income account to over 1.092 million SOL, worth roughly $182.45 million, from transaction fees...
Ancient Bitcoin Whale Wakes Up, Sends $634K to Kraken
A Bitcoin whale, dormant since near Bitcoin’s genesis block, just moved $634,000 in BTC to the Kraken exchange. This transfer, flagged by crypto intelligence platform Arkham on X, comes from...
Crypto Takes Over Football: Sponsorship Deals Soar to $170 Million
Crypto firms are investing heavily in English football, with sponsorship deals for the 2024/25 Premier League season totaling nearly £130 million ($170 million). Sports sponsorship agency SportQuake reports this trend...
Australia Strengthens Crypto Oversight with New Licensing Rules
The Australian Securities and Investments Commission (ASIC) rolls out new rules for crypto licensing under the Corporations Act. During the AFR Digital Assets Summit on Monday, ASIC commissioner Alan Kirkland...
Kraken Demands Jury Trial in SEC Showdown, Stakes High for Crypto
U.S.-based exchange Kraken has requested a jury trial in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). This move comes after a California judge ruled that...
Popcat (POPCAT) Outperforms Market, Gains 5% Ahead of Kraken Listing
Popcat (POPCAT), a top meme coin on the Solana blockchain, has surged over 5% in the last 24 hours, even as the broader crypto market struggles. This jump comes as...
Bitcoin Buy-Sell Ratio Soars on Kraken and Coinbase: Bullish Signal?
Savvy Bitcoin investors are capitalizing on recent market dips, snapping up coins at perceived discounts on platforms like Kraken and Coinbase. Data from CCData reveals a surge in buying pressure...
Kraken Cites Ripple Case in SEC Battle, But Judge Says Different
Legal analyst Bill Morgan has weighed in on the ongoing legal battle between cryptocurrency exchange Kraken and the U.S. Securities and Exchange Commission (SEC), reiterating a critical distinction. Kraken attempted...
Kraken Win: Court Rejects SEC’s ‘Tokens are Securities’ Claim
A U.S. federal court dealt a blow to the SEC’s regulatory approach, when it ruled that digital assets traded on Kraken were not securities. This ruling not only impacts the...
Tether Mints 3B USDT in a Week: Where Did It Go?
Blockchain analytics platform Lookonchain reports that Tether has minted a massive 3 billion USDT in just one week. The distribution of these newly minted stablecoins across major exchanges has fueled...
CEX Token Delistings: Why Does it Happen?
Centralized crypto exchanges like Binance and KuCoin are cracking down on altcoins, removing several tokens from their platforms. Why the sudden purge? It boils down to investor protection and regulatory...
