Kraken News
Kraken Under Scrutiny as ZachXBT Flags Memecore Flows
Crypto exchange Kraken faces fresh scrutiny after promoting strong anti-fraud efforts while facing new allegations tied to a controversial token listing. The tension highlights a growing gap between industry cooperation...
Kraken Parent Payward to Buy Bitnomial in $550M U.S. Derivatives Push
Payward, the parent company of Kraken, has agreed to acquire Bitnomial in a deal worth up to $550 million in cash and stock, giving the exchange group a fully CFTC-licensed...
Deutsche Börse Acquires 1.5% Stake in Kraken Crypto Exchange for $200 Million
Deutsche Börse, a German exchange operator, has announced the acquisition of a $200 million stake in Kraken, a leading US-based cryptocurrency exchange. According to reports, Deutsche Börse purchased existing Kraken...
Deutsche Börse Invests $200M in Kraken, Deepening Crypto Push
Deutsche Börse AG has taken a significant step deeper into the crypto sector, investing $200 million in Payward Inc., the parent company of Kraken. The deal gives the German exchange...
Kraken Faces Extortion Threat Tied to Insider Security Incidents
Kraken is dealing with an extortion attempt tied to insider-related security incidents, according to Chief Security Officer Nick Percoco. In an X post on Monday, he said a criminal group...
Lawmaker Questions Kansas City Fed’s Recent Approval of Special Account for Kraken
US lawmaker Maxine Waters has raised questions over the Kansas City Federal Reserve’s decision to approve a special account for Kraken Financial. The approval allows Kraken, a Wyoming-chartered Special Purpose...
Kraken Gains Access to Federal Reserve Payment System in First for Crypto Firm
Kraken’s banking arm has secured access to the U.S. Federal Reserve’s core payment infrastructure, marking a major development in the relationship between digital asset companies and the traditional banking system....
Kraken And Deutsche Börse Link Crypto, FX And Tokenized Assets
Kraken and Deutsche Börse have struck a strategic partnership that aims to connect digital assets with traditional finance in a more integrated structure. The collaboration introduces a broad framework designed...
Kraken Acquires ‘Backed’ to Vertically Integrate Tokenized Stocks; xStocks Volume Hits $10 Billion
Crypto exchange Kraken formally agreed to acquire Backed Finance AG on Tuesday, executing a strategic pivot to own the infrastructure behind the booming tokenized asset sector. The deal brings the...
Kraken CEO: $800M Raise Driven by ‘Conviction’ After FTX 2.0 Rejection
Kraken has secured one of the largest funding rounds in the current crypto cycle. The exchange raised $800 million, achieving a confirmed valuation of $20 billion. This milestone arrives alongside...
Wall Street Heavyweights Back Kraken’s IPO Bid With $800 Million Investment
Kraken has officially begun the process to go public. The U.S. crypto exchange announced it has confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange...
Kraken Raises $800 Million to Advance Strategic Roadmap at $20B Valuation
Kraken has announced an $800 million capital raise across two tranches to accelerate its strategy of bringing traditional financial products on-chain. The primary tranche was led by institutional investors, including...
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...
