Kraken | ForkLog

ForkLog 9 03.07.2024

Kraken Explores Nuclear Energy for Data Centre Stability

Kraken is exploring the potential of nuclear energy to ensure stable power for its data centres. This was revealed by the cryptocurrency exchange’s CTO, Vishnu Patankar, in an interview with CoinDesk. The manager highlighted a sharp increase in electricity demand from the artificial intelligence and high-performance computing sectors. Kraken also anticipates a boom in the […]

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ForkLog 22 28.06.2024

Jesse Powell Donates $1 Million in Cryptocurrency to Donald Trump

Kraken co-founder Jesse Powell has donated $1 million to Donald Trump’s campaign, “mostly in ETH.” I just personally donated $1m (mostly #ETH) to @realDonaldTrump. For too long, the crypto industry has been under attack by Elizabeth Warren, Gary Gensler and others. Despite overwhelming bipartisan Congressional efforts to put clear rules in place, the Biden White […]

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ForkLog 30 20.06.2024

CertiK Unveiled as ‘White Hat’ Hacker Behind Kraken Exploit

The clandestine “security researcher” who discovered and exploited a vulnerability on the Kraken cryptocurrency exchange has been revealed as CertiK. CertiK recently identified a series of critical vulnerabilities in @krakenfx exchange which could potentially lead to hundreds of millions of dollars in losses. Starting from a finding in @krakenfx‘s deposit system where it may fail […]

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ForkLog 18 19.06.2024

Kraken Bug Hunters Extract $3 Million via ‘Extremely Critical’ Vulnerability

The cryptocurrency exchange Kraken has resolved a dangerous exploit that allowed users to artificially inflate and then deplete their account balances. Kraken Security Update: On June 9 2024, we received a Bug Bounty program alert from a security researcher. No specifics were initially disclosed, but their email claimed to find an “extremely critical” bug that […]

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ForkLog 18 18.05.2024

Kraken Evaluates Potential Delisting of USDT in the EU

The cryptocurrency exchange Kraken is “actively reviewing” the status of the stablecoin USDT in light of new EU regulatory rules, reports Bloomberg. “We have contingency plans for all scenarios, including situations where listing specific tokens like USDT is simply not prudent. We are actively reviewing this matter and will make firm decisions once the position […]

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ForkLog 39 18.04.2024

Kraken Unveils Non-Custodial Wallet

Kraken, the second-largest cryptocurrency exchange in the United States, has launched a wallet designed for self-custody. It is available to all users, not just the platform’s clients. Meet the brand new Kraken Wallet: simple, secure, powerful. ?️ Manage multiple wallets? Multi-chain support? Manage NFTs & DeFi positions? IP privacy & Encryption? No client side tracking […]

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ForkLog 32 11.04.2024

Kraken to Delist Monero in Ireland and Belgium

On June 10, the exchange Kraken will delist the privacy-focused cryptocurrency Monero (XMR) for users in Ireland and Belgium. Deposits and trading in XMR will be suspended from May 10. After this date, all trades will be automatically closed. Withdrawals will remain open until the complete removal of the coin. Once the deadline passes, any […]

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ForkLog 13 24.03.2024

Kraken UK Considers Launching Bitcoin ETF in Britain

Kraken UK’s Managing Director, Beivou Das, expressed at the Digital Asset Summit in London his desire to see spot Bitcoin ETFs in the UK, as reported by The Block. According to him, the world has changed significantly since the FCA banned the sale of cryptocurrency-based derivatives and exchange-traded notes (ETNs) to retail traders in January […]

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ForkLog 25 20.03.2024

Kraken Introduces Custodial Service for Institutional Clients

The cryptocurrency exchange Kraken has launched a custodial service for its institutional platform, Kraken Institutional. Kraken Custody is the first product under our new institutional brand. Offered via Kraken Financial, our state-chartered bank that holds fiat deposits in full reserve, it is ideally suited to offer qualified custody solutions for US institutional clients.https://t.co/1TzDm00CBZ — Kraken […]

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ForkLog 29 23.02.2024

Kraken Challenges SEC Lawsuit as a ‘Dangerous Precedent’

The cryptocurrency exchange Kraken has filed a motion to dismiss a lawsuit by the SEC, arguing that the case could set a “dangerous precedent” for the regulator’s authority. In November 2023, the Commission accused the company of offering unregistered securities in the form of digital tokens on its platform. The agency also alleged that Kraken […]

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ForkLog 9 23.11.2023

Kraken chief sees a positive for the industry amid Binance situation

The Kraken cryptocurrency exchange 'is playing the long game', despite the emergence of 'new reputational threats' to the industry, said Jesse Powell, co-founder of the platform.

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ForkLog 16 21.11.2023

Jesse Powell criticises SEC after Kraken lawsuit

Jesse Powell called the U.S. Securities and Exchange Commission 'the main brake' after the suit against the Kraken-founded exchange and warned businesses to 'flee the United States'.

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