Kraken Secures $800 Million, Valued at $20 Billion
The cryptocurrency exchange Kraken announced the acquisition of two investment tranches totaling $800 million.
Kraken Secures $800 Million, Valued at $20 Billion
The cryptocurrency exchange Kraken announced the acquisition of two investment tranches totaling $800 million.
SoftBank and Ark Investment Consider $20 Billion Investment in Tether
Japanese conglomerate SoftBank and Cathie Wood's Ark Investment are in preliminary discussions to participate in a significant funding round for Tether, according to Bloomberg.
Investors Value Kraken at $15 Billion, Reports Say
The cryptocurrency exchange Kraken discreetly completed a $500 million funding round, resulting in a platform valuation of $15 billion, according to Fortune.
FBI Concludes Investigation into Jesse Powell
The United States Federal Bureau of Investigation (FBI) has concluded its inquiry into Jesse Powell, co-founder of Kraken, regarding allegations of hacking a nonprofit organization he established. This was reported by Fortune, citing documents from the Department of Justice. Authorities also returned equipment seized during searches of Powell’s home, including dozens of laptops and phones. […]
Kraken to Launch Aave Alternative on Its Own L2 Solution
The team at Ink Foundation has proposed deploying a customized white-label version of the Aave V3 lending protocol on its platform. Ink Foundation is a non-profit organization that supports the eponymous L2 network from the Kraken exchange. If approved, Aave DAO will gain a new revenue stream, while Ink will acquire a ready-made lending infrastructure. […]
Kraken to airdrop extra PUMP after token‑sale glitches
On July 12, Pump.fun, a “meme-coin factory,” held a $500m ICO for the PUMP token. The sale sold out in 12 minutes, but users on several platforms encountered problems. the $PUMP public sale has now ended. we are delighted to reveal that the $PUMP public sale was able to sell out in only 12 minutes. […]
Assets Poised to Benefit from Tokenization, Say Experts
The surge in interest in tokenization could impact the prices of cryptocurrencies related to the sector, such as ETH, SOL, XRP, and LINK. This view was expressed by analysts at Bitwise. “I’ve always had mixed feelings about tokenization. On one hand, it seems inevitable. The fact that stocks trade only from 9:30 to 16:00 on […]
Kraken Launches Payment App to Address ‘Outdated Financial System’ Issues
Cryptocurrency exchange Kraken has launched a payment application called Krak, enabling free transfers in fiat and cryptocurrencies worldwide. According to the press release, this universal tool is “designed to address the fundamental issues of the outdated financial system.” Users can access free domestic transfers and commission-free international transactions in over 160 countries. The app supports […]
Surge in Activity on Kraken’s Ink Network Ahead of Token Airdrop
As Kraken prepares to release the INK token, activity on its namesake Layer 2 network has significantly increased.
Kraken Introduces Bitcoin Staking via Babylon Partnership
The cryptocurrency exchange Kraken has launched staking for the leading cryptocurrency in collaboration with the BTCFi project Babylon. This integration allows clients to earn rewards without the use of bridges or “wrapped” assets. Users delegate their coins through Babylon to secure networks based on Proof-of-Stake (PoS). Rewards are paid in the protocol’s native token — […]
Kraken Highlights Cybersecurity Weaknesses at Crypto Events
Participants at cryptocurrency conferences often neglect basic security measures, making them easy targets for malicious actors, warned Kraken’s Chief Security Officer Nick Percoco. The expert noted that he frequently observes unlocked laptops and unattended phones belonging to representatives of well-known crypto projects at industry events. Meanwhile, wallet notifications continue to appear on device screens in […]
Kraken to Launch Trading of Tokenized Apple and Tesla Shares
Kraken exchange will initiate trading of tokenized shares of Apple, Tesla, Nvidia, and 50 other companies for users in Europe, Asia, Africa, and Latin America starting late June, as reported by WSJ. The xStocks tokens, linked to actual securities, will operate on the Solana blockchain and be available for trading around the clock. Each asset […]We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.