Crypto wallets associated with the collapsed FTX exchange have been spotted moving over $100 million to major exchanges. According to the blockchain-tracking firm Lookonchain, three addresses related ...
Tag: Kraken
Ethereum Creator Vitalik Buterin Sends 200 ETH to Crypto Exchange Kraken: PeckShield
Ethereum founder Vitalik Buterin is once again on the move, sending hundreds of Ethereum (ETH) to a major US-based digital asset exchange. Blockchain security firm Peckshield initially spotted the tra...
USDC de-pegs, Kraken CEO wonders if the market is losing trust in US products
By Mar. 11, USDC, a stablecoin, de-pegged, falling to as low as $0.89 during the Asian session, trackers reveal. USDC de-pegs after Silicon Valley Bank folds The de-pegging of the USDC, theoretically ...
Is Kraken the Beginning of a Potential Staking Ban?
With the recent news surrounding Kraken and the SEC, many digital currency participants believe a staking ban could be around the corner. Could Kraken Just Be the Start? Earlier today, Live Bitcoin Ne...
Lido, Kraken Bank, and Jimmy Fallon
Crypto news: We bring you a roundup of what’s been happening in crypto this week. And what a week it was! The week’s biggest news was rumors from a Bankless podcast that the U.S. Securities and Exchan...
Kraken Shuts Down Staking Dept. Following SEC Battle
It looks like Brian Armstrong of Coinbase fame was right to be as concerned as he was about the SEC and other organizations targeting crypto staking. In the latest headlines, the Securities and Exchan...
Kraken Continues Foray Into Banking Despite Regulatory Challenges
U.S-based cryptocurrency exchange Kraken, after settling with the SEC for $30 million dollars and ceasing its staking operations, is now back with news of creating its own banking institution. Known a...
Crypto derivatives on the CME reach new milestones amid regulatory uncertainty
Bitcoin and ether derivatives trading volumes in dollar terms continued to climb higher in February. Futures and options trading volume for bitcoin rose by about 13%, and ether’s volumes ...
Kraken Bank is ‘Very Much on Track,’ Assures Exec
Kraken has had a tough time with the United States regulatory agencies. Despite the difficult environment, the crypto exchange is planning to roll out its own bank. Marco Santori, Kraken’s chief legal...
Kraken to establish a new bank despite regulatory scrutiny – Cryptopolitan
US-based cryptocurrency exchange Kraken is establishing a fresh crypto bank despite the recent staking service prohibition by the U.S. Securities and Exchange Commission (SEC). While responding to a t...
Kraken To Launch Bank Amid Regulatory Crackdown
Amid the several downturns in the crypto market, including the Silvergate fallout and regulatory crackdown, the U.S.-based cryptocurrency exchange Kraken has unveiled its plans to launch a banking ins...
Crypto Exchange Kraken To Launch New Crypto Bank in US Amid Regulatory Issue
US-based crypto exchange Kraken is still launching a new Wyoming-based crypto bank despite the U.S. Securities and Exchange Commission’s (SEC) recent banning of the exchange’s staking service. Kraken ...
Kraken to Launch its Own Bank “Very Soon”
Key Takeaways Kraken Bank is on track to launch soon, according to Kraken chief legal officer Marco Santori. Kraken originally won its bank charter approval in 2020. The bank, fully online, will provi...
Kraken to launch its own crypto bank soon- The Cryptonomist
According to Kraken’s Chief Legal Officer Marco Santori, the crypto-exchange will soon launch its own bank. Kraken and the crypto-exchange’s plans to launch its own bank soon In an interview, it appea...
Crypto Exchange Kraken Inching Closer To Open Its Own Bank
9 seconds ago | 2 mins read Exchange News US Kraken customers would be the ones to get services first. The crypto exchange settled with the US SEC for $30 million. Kraken, a struggling cryptocurrency ...
Kraken eyes own bank amid regulatory scrutiny
Ad Crypto exchange Kraken has plans to launch its bank, The Blocks reported March 6. According to the report, the crypto firm continues its plans despite the recent regulatory issues plaguing the indu...
Kraken continues bank launch plans amid regulatory hurdles
Kraken is still steadfast in launching its bank, despite facing a harsh regulatory landscape and several charges of violating securities laws by the US Securities and Exchange Commission. According t...
Kraken Crypto Exchange Plans to Open Its Own Bank
Kraken, one of the most popular crypto exchanges in the U.S. reportedly has plans to launch their bank own amid a challenging regulatory environment. Kraken’s Chief Legal Officer, Marco Santori, said,...
Just In: Kraken Is Planning To Launch Its Own Bank
Crypto News: Troubled crypto exchange, Kraken is reportedly moving towards its idea of launching its own bank. This move by the exchange comes after being charged by U.S. Securities and Exchange Commi...
Kraken is on track to launch bank ‘very soon’ despite regulatory ‘weird place’
Kraken is moving ahead with plans to launch its own bank despite a challenging regulatory environment and the recent shuttering of its on-chain staking services for U.S. clients to settle U.S. Securit...
Kraken Pulling Back From Using Signature Bank: Bloomberg
Join the most important conversation in crypto and web3! Secure your seat today Crypto exchange Kraken is pulling back from using crypto-focused bank Signature Bank for some significant financial tran...
Kraken Is Closing Its UAE Offices
Problems continue for major digital currency exchange Kraken. After forfeiting its position in Japan, closing its offices there, and letting all employees go in that division, the company has now had ...
Bitcoin could hit $10m says Kraken CEO
Kraken CEO Jesse Powell predicts that Bitcoin could reach a price of $10 million, representing 25% of the world’s current wealth, based on the cryptocurrency’s limited supply of 21 million coins. Krak...
Changpeng Zhao Responds to Kraken CEO Jesse Powell’s Comments on Crypto Regulation
Binance CEO Changpeng Zhao is taking issue with Kraken CEO Jesse Powell’s use of the term “offshore” in regard to the crypto space. On Friday, Powell took aim at US regulators for ignoring crypto spac...
‘Regulators let the bad guys get big’ — former Kraken CEO speaks out after SEC settlement
Jesse Powell, CEO of crypto exchange Kraken, has called out United States financial regulators for letting “the bad guys” win to suit their agenda. In a Feb. 19 Twitter thread, Powell speculated that ...
Kraken CEO’s criticism of regulators gains momentum
Jesse Powell, CEO of crypto exchange Kraken scrutinized by the US regulators, expressed his regrets by urging Congress to protect the domestic crypto industry. Kraken, the popular cryptocurrency excha...
Kraken CEO Accuses Regulators for Siding With Bad Guys
Earlier this month, crypto exchange Kraken made a $30 million settlement with the SEC and had to shut down its crypto staking feature post the regulatory crackdown. Kraken CEO Jesse Powell has once ag...
Kraken and Custodia Bank CEOs say regulators ignored their warnings about scams and fraud
Ad In a Twitter thread, Custodia Bank founder and CEO Caitlin Long said that she provided evidence to law enforcement about a crypto crime months before the company collapsed and left millions of cust...
The SEC shook Kraken down for $30M, but it doesn’t mean they had a case
The settlement between Kraken (Payward Ventures) and the United States Securities and Exchange Commission set off alarm bells in the crypto community this month. Apparently, Kraken — one of the most c...
Will The SEC Staking Hammer Hit Validators and Protocols Next?
Last week, Coinbase CEO Brian Armstrong sent the crypto staking verse into a speculative frenzy — with one tweet thread positing “rumors” that the SEC wanted to “get rid of” crypto staking for US reta...
Binance CEO Responds To Offshore Regulation Comments By Kraken CEO
Changpeng Zhao responded to Jesse Powell’s recent comments regarding crypto regulation. The Kraken CEO highlighted the inconsistency in the regulation of offshore crypto entities by U.S regulators. CZ...