Ethena’s USDe stablecoin makes US debut with Kraken listing
The stablecoin gains its first US exchange listing as adoption soars. USDe gains traction since it’s different from established USDT and USDC. The listing could enhance liquidity and trader trust…
How Kraken Empowers Traders with Actionable Market Data
Founded in 2011, Kraken is one of the world’s largest and most trusted names in crypto. Headquartered in Cheyenne, Wyoming, with a team of roughly 2,000, Kraken serves tens of…
Ripple CTO addresses XRP debate as Kraken eyes $15 billion IPO
Powell flagged regulatory risks as main concern for XRP. Kraken suspended XRP trading in the US due to legal pressure. Kraken handles $1.3 billion in daily trading across 1,100 pairs.…
Kraken Q1 revenue jumps to $472 million amid Trump-era crypto volatility
EBITDA for the quarter reached $187.4 million, a 17% increase. Trading volume rose 29% amid a 35% rally in Bitcoin prices. Launch of institutional FIX API boosted futures volumes by…
SEC to drop lawsuit against Kraken, ending a “wasteful, politically motivated campaign”
The SEC filed a lawsuit against Kraken in 2023 The agency argued that the platform was operating without conducting the proper registration Kraken said the SEC’s decision was a “turning…
Kraken appoints former Paxos executive as its new chief legal officer
Kraken has appointed former Global General Counsel as legal chief The exchange recently gained an EU MiFID license for regulated trading With the new legal chief, Kraken aims to navigate…
Australia fines Kraken operator $5 million for non-compliance
Kraken operator in Australia Bit Trade will pay a $5.1 million fine for non-compliance with regulatory requirements. The Australian Securities and Investment Commission accused the crypto platform of offering a…
Kraken shutting down its NFT marketplace just a year after its launch
Kraken will shut down its NFT marketplace, transitioning to withdrawal-only mode in Nov. 27. Users can withdraw NFTs until February 2025, but can’t list or trade after Nov. 27. The…
Australia’s “Operation Kraken” seizes over $6 million in crypto from alleged Ghost mastermind
The AFP arrests a 32-year-old man during a raid at his home in New South Wales Seizing the crypto was made possible after the AFP cracked the suspect’s seed phrase…
Kraken completes acquisition of Dutch crypto exchange BCM
Kraken has closed the acquisition of Dutch cryptocurrency exchange Coin Meester B.V. The exchange has been expanding its services across EU ahead of MiCA regulation. Crypto exchange Kraken has completed…