Kraken may know Satoshi’s identity: Coinbase director

Coinbase director Conor Grogan speculated that Kraken and its founder, Jesse Powell, may have access to Satoshi Nakamoto’s real identity due to a 2016 acquisition. This week, blockchain data provider Arkham indexed approximately 22,000 wallets believed to be controlled by the pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto. While Grogan questioned the use of the Patoshi […]

Kraken appoints ex-Paxos exec as new chief legal officer

Crypto exchange Kraken has appointed Ben Gray, former Global General Counsel at Paxos, as its new chief legal officer. U.S.-based cryptocurrency exchange Kraken has hired Ben Gray as its new chief legal officer to strengthen its legal team. In a blog announcement, the exchange said that Gray will oversee the company’s legal, compliance, and enterprise […]

Kraken wins EU license to expand derivative services

Kraken’s European expansion accelerated as the crypto exchange obtained a new digital asset license to offer more services. Kraken has secured a Markets in Financial Instruments Directive license through its Cyprus-regulated entity, Cypriot Investment Firm, allowing the exchange to provide derivatives products within the European Union. The Cyprus Securities and Exchange Commission regulates Cypriot Investment […]

Kraken to shutter Tether trading in Europe by March 31

Kraken has announced plans to end support for Tether’s token and other non-compliant stablecoins for European clients. The crypto exchange will delist the $140 billion U.S. dollar stablecoin Tether (USDT) by March 31, due to new regulations established by the European Union. News of this decision first surfaced last May when the platform was reportedly […]

Kraken re-instates crypto staking after $30m SEC settlement

After the Securities and Exchange Commission ordered Kraken to close its United States staking platform in 2023, the exchange has reopened cryptocurrency staking for specific tokens in select states. Kraken has re-introduced cryptocurrency staking services for customers in 39 eligible states, nearly two years after settling a case with the Securities and Exchange Commission. In […]

Kraken woos FTX victims with $50k fee-free trading incentive

Kraken is offering former FTX clients $50,000 in fee-free crypto trading incentives as part of its role in distributing funds following the collapse of the exchange. Cryptocurrency exchange Kraken is sweetening the deal for FTX victims in an effort to help them get back on their feet after the latter left hundreds of thousands of […]

200k Ethereum genesis whale awakens: $11.37m sent to Kraken

A whale who received 200,000 ETH during Ethereum’s 2015 genesis block has moved closer to completing their market exit, transferring 3,370 ETH (valued at $11.37 million) to Kraken.  According to data shared by crypto analyst EmberCN, the whale transferred 48,687 Ethereum (ETH) to Kraken throughout 2024. The movement was worth approximately $171.78 million at an […]

Binance Labs, Kraken Ventures back $10m round for stablecoin issuer Usual

Binance Labs and Kraken Ventures led the $10 million Series A funding round for Usual, a decentralized fiat-backed real-world assets stablecoin issuer. Usual, the RWA-backed stablecoin issuer that uses its USUAL token to distribute value and ownership, revealed the fundraising via X on Dec. 23.  The protocol said it had secured $10 million in the […]