Breaking News: KRAKEN – Market Insights, Analysis & Latest Updates

Kraken unveils Ethereum scaling layer Ink months ahead of schedule

Kraken has launched its Layer 2 blockchain Ink, using Optimism's technology, with partnerships and plans for decentralization, following competitors like Coinbase.

theblock.co • 18/12/2024 - 19:04 PM

Hong Kong's HashKey Group launches Ethereum Layer 2 HashKey Chain on mainnet

HashKey Group launched HashKey Chain on mainnet, achieving 25M transactions during testnet, and introduced a grant program, reinforcing its position in cryptocurrency and blockchain services.

theblock.co • 18/12/2024 - 11:47 AM

FTX customers to get distributions through Kraken and BitGo with bankruptcy plan set to be effective on Jan. 3

FTX customers will receive bankruptcy distributions via Kraken and BitGo, effective January 2025, following the exchange's collapse and bankruptcy proceedings.

theblock.co • 16/12/2024 - 18:00 PM

KRAKEN

Kraken exchange operator fined $5 million in Australia for compliance failure

The Federal Court of Australia fined Bit Trade $5.1 million for regulatory noncompliance related to its crypto products, highlighting the need for clearer crypto legislation in Australia.

theblock.co • 12/12/2024 - 10:03 AM

The Daily: Crypto prices plunge in South Korea as President declares martial law, XRP Ledger reduces account reserve to 1 XRP and more

Crypto markets react to South Korea's martial law; XRP reserve cut; BlackRock ETF hits BTC milestone; Coinbase CEO criticizes law firms hiring SEC staff; Pump.fun revenues soar.

theblock.co • 03/12/2024 - 19:28 PM

Crypto execs open up about debanking experiences following Trump's US election win

Following a16z co-founder Marc Andreessen’s recent interview on Joe Rogan’s podcast, several crypto execs opened up about their debanking experiences. The industry expects a more friendly incoming administration under Donald Trump following various pro-crypto campaign pledges, including shutting down “Operation Choke Point 2.0.”

theblock.co • 29/11/2024 - 13:20 PM

KRAKEN

Kraken to close NFT marketplace, shift focus to other projects

After Nov. 27, 2024, users will no longer be able to list, bid on or sell items on Kraken’s NFT marketplace; they will only be able to withdraw assets. Kraken’s NFT marketplace will completely shut down on Feb. 27, 2025.

theblock.co • 26/11/2024 - 17:55 PM

What's next for the crypto industry following Donald Trump's election victory?

With Donald Trump securing victory in the U.S. presidential election and the prospect of a Republican-controlled House and Senate, speculation has begun on what’s next for the crypto industry ahead of his Jan. 20 inauguration. The crypto community wants to see Trump’s campaign promises — including appointing a crypto-friendly SEC Chair, commuting the sentence of Ross Ulbricht, and creating a national strategic bitcoin reserve — fulfilled.

theblock.co • 07/11/2024 - 12:10 PM

KRAKEN

Kraken launches fully-customizable desktop trading application inspired by its Cryptowatch tool

Kraken has launched a desktop trading app offering customizable features and tools, enhancing the trading experience for active crypto traders, while transitioning from the discontinued Cryptowatch tool.

theblock.co • 31/10/2024 - 10:30 AM

Kraken sheds 'organizational layers' as board member Arjun Sethi steps up as co-CEO

Kraken announces layoffs and leadership changes, appointing Arjun Sethi as co-CEO to streamline operations amid a trend of downsizing in the cryptocurrency sector.

theblock.co • 30/10/2024 - 18:40 PM

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