News with the tag "Kraken News"

Kraken reports a 38.6% rise in global law enforcement and regulatory data requests in 2024. The U.S. accounted for 28.6% of all data requests, with the FBI issuing the most. Kraken provided data for 57% of requests while maintaining a commitment to client privacy. Leading crypto exchange Kraken has ...

Jesse Powell, co-founder of Kraken, has sued a high-end apartment building’s co-op. Powell’s lawsuit alleges that the co-op board denied his bid without offering a legitimate explanation. Powell names venture capitalist Bruce Golden as the key figure behind the rejection. The co-founder of leading c...

Kraken has started notifying customers about the distribution of FTX claims. BitGo is expected to commence a similar process soon. Claims below $50,000 will be processed by March 3, 2025. Kraken has officially commenced the distribution process for claims related to the collapsed cryptocurrency exch...

FTX clarifies that Backpack does not distribute customer funds from FTX EU. FTX EU, not Backpack, is responsible for repaying funds to former FTX EU customers. FTX announces a plan to prioritize smaller claims in the customer fund repayment process. FTX came out strong against Backpack’s takeover of...

Euro-denominated trading volumes surged to €50 billion in November 2024. Bitvavo and Kraken lead the European market with record euro-denominated pairs. Bitcoin surpassed $100,000, driving demand for euro-backed trades. The European crypto market changed dramatically, with euro-denominated trading v...

FTX’s $12 billion recovery plan begins January 3, 2025. Stablecoin payouts are facilitated through BitGo and Kraken. Initial distributions are expected within 60 days of the effective date. FTX’s court-approved Chapter 11 plan takes effect on January 3, 2025; a major step forward in the exchange’s r...

Whale’s 31x return on PEPE signals significant market interest and potential growth. PEPE’s current price recovery suggests a volatile but upward market trend. 2024 price predictions show PEPE could reach up to $0.0000457, with strong growth. A Pepe Coin (PEPE) whale just deposited 356.2 billion PEP...

Kraken, the second-largest U.S.-based crypto exchange, revealed plans to potentially list 19 tokens, including notable assets such as BNB, DYDX, and meme coins like DOGS and GOAT. The exchange outlined these tokens on its official website, marking them as part of its upcoming tradable asset roadmap....

California Judge William Orrick has denied Kraken’s request to appeal a prior decision that allowed the U.S. SEC lawsuit against the crypto exchange to move forward. In a November 18 ruling, Judge Orrick stated that certifying the appeal would not expedite the litigation and emphasized that the SEC ...

Major players in the digital asset industry, including Robinhood, Paxos, Kraken, Nuvei, Bullish, Anchorage, and Galaxy Digital, have partnered to launch a new stablecoin called the Global Dollar (USDG). The stablecoin network, known as Global New Dollar, aims to “accelerate stablecoin usage worldwid...