Kraken News
Kraken’s Report: Law Enforcement Data Demands Surge Nearly 40%
Kraken reports a 38.6% rise in global law enforcement and regulatory data requests in 2024. The U.S. accounted for 28.6% of all data requests, with…
Kraken Co-Founder Jesse Powell Sues SF Co-op, Alleges Discrimination
Jesse Powell, co-founder of Kraken, has sued a high-end apartment building's co-op. Powell's lawsuit alleges that the co-op board denied his bid without offering a…
Federal Judge in Kraken Case Aligns with Ripple Ruling, Rejects SEC’s Crypto Securities Classification
The judge in the Kraken case rejects the SEC's broad classification of crypto assets as securities. The ruling aligns with Judge Torres' decision in SEC…
Kraken Begins FTX Claims Payouts for Creditors Under $50K
Kraken has started notifying customers about the distribution of FTX claims. BitGo is expected to commence a similar process soon. Claims below $50,000 will be…
FTX Slams Backpack’s Misleading FTX EU Fund Distribution Claims
FTX clarifies that Backpack does not distribute customer funds from FTX EU. FTX EU, not Backpack, is responsible for repaying funds to former FTX EU…
Bitvavo vs. Kraken: Who Leads Europe’s €50B Crypto Trading Boom?
Euro-denominated trading volumes surged to €50 billion in November 2024. Bitvavo and Kraken lead the European market with record euro-denominated pairs. Bitcoin surpassed $100,000, driving…
FTX Chapter 11: BitGo, Kraken to Handle January 2025 Distributions
FTX’s $12 billion recovery plan begins January 3, 2025. Stablecoin payouts are facilitated through BitGo and Kraken. Initial distributions are expected within 60 days of…
PEPE Whale Earns 31x Profit—What’s Next for the Token’s Price?
Whale's 31x return on PEPE signals significant market interest and potential growth. PEPE's current price recovery suggests a volatile but upward market trend. 2024 price…
Kraken Reveals 19 Tokens on Listing Roadmap, Including BNB, DYDX and Meme Coins
Kraken is set to list 19 new tokens, including BNB, DYDX, DOGS, and GOAT. The exchange will integrate new blockchains like BNB Smart Chain, dYdX,…
Kraken Faces Setback as Judge Rejects Appeal Bid in SEC Case
Judge Orrick rejected Kraken's appeal bid, allowing the SEC lawsuit to proceed. The court ruled that the SEC plausibly alleged that Kraken's activities involved unregistered…
