Category: Kraken
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Kraken Bids Farewell to NFTs – Is the Digital Art Boom Over?
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The cryptocurrency company plans to do just that Decommissioning its NFT marketplace Early next year, a decision that could have a major impact on the NFT space. Analysts find this move by Kraken somewhat unexpected, raising questions about what the future holds for NFTs considering Kraken is a major player…
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Kraken Sacks 15% Of Staff—A Strategic Pivot For Growth Or A Risky Gamble?
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A US cryptocurrency exchange has announced that it will streamline its operations and make changes to its organizational structure as it aims to become the largest cryptocurrency platform in the world. As part of the changes, cryptocurrency exchange Kraken will be added Reducing the size of its workforce By no…
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Kraken criticizes Australia’s ‘uncertain’ crypto rules after court ruling
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Kraken is calling for clearer cryptocurrency regulations in Australia after the Federal Court ruled that part of its margin rollover product violated local laws. Cryptocurrency exchange Kraken is arguing for clearer crypto regulations in Australia after the Federal Court ruled that its margin trading product violates local laws. On September…
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Shiba Inu (SHIB) Now Accepted As Collateral On Kraken Exchange
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In the rapidly evolving world of cryptocurrencies, the landscape continues to shift, presenting both opportunities and challenges for investors and traders. One recent development that has caught the attention of the cryptocurrency community is the addition of Shiba Inu (SHIB), a popular cryptocurrency and rival to Dogecoin, as a collateral…
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Shiba Inu (SHIB) Now Accepted As Collateral On Kraken Exchange
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In the rapidly evolving world of cryptocurrencies, the landscape continues to shift, presenting both opportunities and challenges for investors and traders. One recent development that has caught the attention of the cryptocurrency community is the addition of Shiba Inu (SHIB), a popular cryptocurrency and rival to Dogecoin, as a collateral…
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Kraken Receives $100M in ETH From Ethereum Foundation Wallet: Impending Sell-Off?
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According to data from on-chain transaction tracker Lookonchain, the Ethereum Foundation recently made a major move by depositing 35,000 ETH, worth $94.07 million, on the cryptocurrency exchange Kraken. This large transaction has raised concerns within the Ethereum investor community, especially since it occurred During a slight rise in the cryptocurrency…
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Court Deals Double Blow To Kraken: SEC Lawsuit Moves Forward
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In a major legal setback for one of the largest cryptocurrency exchanges, a California judge has ruled to revoke its license. to rule Cryptocurrency platform Kraken is set to face a lawsuit filed by the US Securities and Exchange Commission (SEC). Kraken faces uphill legal battle The SEC alleges that…
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Mt. Gox creditors report Bitcoin balances on Kraken
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Kraken began distributing the bitcoin it received from Mt. Gox custodian on July 16. Creditors of defunct Bitcoin (BTC) exchange Mt. Gox reported seeing cryptocurrency balances on the Kraken platform, as affected users felt a sense of relief 10 years after the historic hack. The news was Certain On Reddit…
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Mt. Gox creditors report Bitcoin balances on Kraken
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Kraken began distributing the bitcoin it received from Mt. Gox custodian on July 16. Creditors of defunct Bitcoin (BTC) exchange Mt. Gox reported seeing cryptocurrency balances on the Kraken platform, as affected users felt a sense of relief 10 years after the historic hack. The news was Certain On Reddit…
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Kraken Becomes Official Crypto Partner of Tottenham Hotspur
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Leading cryptocurrency exchange Kraken has partnered with one of England’s most popular football clubs, Tottenham Hotspur. According to the official advertisementThe alliance has made Kraken the crypto, web3 and official sleeve partner of both the Tottenham Hotspur men’s and women’s teams ahead of the 2024/25 football season. Kraken Partners with…
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Kraken Institutional Debuts Custody Services in UK, Australia Crypto Markets
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Kraken Institutional, the specialized division serving institutional investors of US cryptocurrency exchange Kraken, has announced the international expansion of its custody services into the UK and Australia. This step represents its first project after its first launch earlier this year. Kraken Custody Expansion According to the official press releaseInstitutional clients…
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Kraken and Spanish Football Club Atlético de Madrid Shake Hands on a Major Sponsorship Deal: Details
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Long summary Kraken has partnered with Atlético de Madrid as its Official Crypto Partner and Web3 and Sleeve Partner, aiming to connect the crypto industry and the world of sports. The initiative aims to enhance digital experiences for fans and promote cryptocurrency education. Terms of cooperation US-based cryptocurrency exchange –…
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Kraken and Spanish Football Club Atlético de Madrid Shake Hands on a Major Sponsorship Deal: Details
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Long summary Kraken has partnered with Atlético de Madrid as its Official Crypto Partner and Web3 and Sleeve Partner, aiming to connect the crypto industry and the world of sports. The initiative aims to enhance digital experiences for fans and promote cryptocurrency education. Terms of cooperation US-based cryptocurrency exchange –…
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Kraken Confirms Return Of Funds From CertiK’s Controversial “Whitehat” Hack
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Cryptocurrency exchange Kraken says it has recovered its money from “security researchers” who took $3 million from the platform this year. “Update: We can now confirm the refund (minus a small amount missing due to fees)” chirp Nick Percoco, Kraken’s chief security officer, said on Thursday. Kraken gets its money…
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Kraken recovers $3 million from Certik following bounty fiasco
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Nick Percoco, chief security officer at Kraken, confirmed that the cryptocurrency exchange recently recovered funds stolen from its account after a security vulnerability. On June 20, Percoco posted on X that the exchange was able to recover these funds. Although Kraken CSOs did not say where the disclosure was made,…
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Kraken recovers $3 million from Certik following bounty fiasco
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Nick Percoco, chief security officer at Kraken, confirmed that the cryptocurrency exchange recently recovered funds stolen from its account after a security vulnerability. On June 20, Percoco posted on X that the exchange was able to recover these funds. Although Kraken CSOs did not say where the disclosure was made,…
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Kraken Seeks over $100M Funding Ahead of Potential IPO: Report
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Cryptocurrency exchange Kraken is seeking more than $100 million ahead of a potential initial public offering (IPO), Bloomberg reported. The cryptocurrency exchange, founded in San Francisco in 2011, has long discussed going public. The move is said to be fueled by increased investor interest and a notable relaxation of regulations…
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Kraken Bolsters IPO Ambitions With Plans Of A Massive $100 Million Funding Injection
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US-based cryptocurrency exchange Kraken is reportedly considering a final funding round as it explores the possibility of an initial public offering (IPO), according to sources familiar with the matter. The stock exchange has received inquiries from potential investors amid the current rise in the stock market Digital assets market. Kraken…
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Kraken Is Targeting An IPO Next Year: Report
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Kraken, one of the oldest and largest cryptocurrency exchanges in the United States, is organizing a major funding round ahead of a potential initial public offering next year, according to a new report from Bloomberg. The sources contacted by the platform say that the exchange likely aims to raise $100…
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Kraken Sees Largest Bitcoin And Ethereum Outflows Since 2017, What’s going On?
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Latest data Offers Kraken, one of the leading cryptocurrency exchanges on the market, has seen the largest outflows of Bitcoin (BTC) and Ethereum (ETH) since 2017. This indicates a significant shift in digital asset holdings, which could have widespread implications for the market. Historical Kraken Flows, What’s Happening? Insights from…