Cryptocurrency Analysis and News Portal
The United States Commodity Futures Trading Commission, or CFTC, is ordering crypto exchange Kraken to pay more than a million dollars in civil monetary penalties related to allegations the exchange is violating the Commodity Exchange Act.In a Sept. 28 statement, the CFTC said U.S.-based crypto exchange Kraken — operating under the
Read More
In the midst of a fraught period for some high-profile United States crypto firms and financial regulators, Kraken’s chief legal officer (CLO) is calling for a dose of pragmatism going forward.Speaking on Bloomberg’s “QuickTake Stock” broadcast on Thursday, CLO Marco Santori told viewers, “You’re living in a fantasy world if you
Read More
Kraken Australia CEO Jonathan Miller described yesterday’s Bitcoin crash as a natural correction after BTC was “dragged up” by the overheated Ether (ETH) and nonfungible token (NFT) markets.In its August report, Kraken notes that the supply of Ether on centralized exchanges fell to a three-year low of 12.8% at the
Read More
Kraken and five other DeFi projects contribute $250,000 each to support the teams that work on the Ethereum upgrade. In addition, they donated the sum to the ETH Foundation to develop the network’s version 2.0. Open-source developer teams like Erigon, Besu, Nimbus, Geth, and Nethermind will join the ETH Foundation in
Read More
A group of DeFi projects and U.S. crypto exchange Kraken have donated $250,000 each to the Ethereum Foundation to support client teams working on the Ethereum (ETH) 2.0 upgrade.On Aug. 24 the Ethereum Foundation announced that the donations were made by Kraken, Compound Grants, Lido, Synthetix, The Graph and Uniswap
Read More
Major United States-based cryptocurrency exchange Kraken is planning to officially expand into the European market, following in the footsteps of rival exchange Coinbase.Kraken co-founder and CEO Jesse Powell said that his firm is actively working on receiving a European license, targeting several local jurisdictions for a potential regulatory approval already this
Read More
Crypto volatility is a much-feared aspect of the crypto ecosystem, majorly responsible for slow crypto adoption. Many crypto projects tackle this challenge by using different security and stability mechanisms. However, BuyBack and token burn are amongst the most successful ways to ensure a constant price rise of the token, and
Read More
Luxembourg-based crypto exchange Bitstamp has announced the former Kraken Chief Commercial Officer Robert Zagotta as its US Chief Executive Officer. According to media outlet Bloomberg, Zagotta will lead Bitstamp in its venture to take on the likes of Coinbase Global Inc (NASDAQ: COIN), and Binance.US.In a note to Bloomberg, former Kraken executive
Read More
Cryptocurrency exchange Bitstamp has hired Robert Zagotta, chief commercial officer of Kraken, to be the first CEO of its business in the United States. In an announcement today, Bitstamp said Zagotta would be coming on board to “oversee day-to-day operations” and accelerate the exchange’s growth in the country. He was with
Read More
Cardano’s (ADA) price has awakened. With a 14.4% rally in the daily chart, after consolidation around the $1.30 to $1.40, ADA has reached a new all-time high and seems poised to keep smashing future resistance. ADA with bullish momentum in the daily chart. Source: ADAUSDT Tradingview Yesterday, Exchange platform Kraken launched staking
Read More