Jesse Powell News

22.09 / 13:22

Career Exchange Kraken exits Jesse Powell Exits Kraken CEO Position, COO Ripley Will Take the Reins

22.09 / 09:47

CEO Kraken Bitcoin Kraken CEO Jesse Powell steps down

Jesse Powell, an early bitcoin backer and co-founder of the cryptocurrency exchange Kraken, plans to step down from his role as chief executive, the company said on 21 September.

22.09 / 07:31

cryptocurrency CEO Kraken Crypto Exchange Crypto Shakeout Engulfs The C-Suite As CEOs Start Stepping Down

The raft of successions sets the stage for a changing of the guard in the roughly decade-old industry.

21.09 / 23:39

business Kraken Kraken’s Jesse Powell will step down as CEO, stay on as board chair

Jesse Powell, the co-founder and CEO of cryptocurrency exchange Kraken, will be stepping down after leading the platform for more than 11 years.

27.07 / 00:19

Government Kraken OFAC us sanctions Treasury's OFAC is investigating Kraken for violating US sanctions: Report

The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, is reportedly investigating crypto exchange Kraken for allegedly allowing users based in Iran and other countries to buy and sell crypto — a potential violation of U.S. sanctions.

16.06 / 16:11

Binance CEO coinbase Kraken Bitcoin Bucking trend, some crypto firms go on hiring spree

With Bitcoin tanking and the industry hunkering down for a crypto winter, in the last few days Coinbase has set out plans to reduce its workforce by 18%, BlockFi by 20%, Crypto.com by five per cent and Gemini by 10%. However, Binance says it is hiring for 2000 roles, while Kraken is adding 500 employees and OKX says it will increase headcount by 1500 over the next year.

15.06 / 21:03

business Blockchain Kraken Kraken reiterates hiring targets as CEO denounces 'woke activists' in corporate culture

On Wednesday, cryptocurrency exchange Kraken announced that it would continue to hire over 500 roles in various departments amidst a market downturn. The company's hiring efforts are in stark contrast to a week of severe layoff announcements from major blockchain firms such as Coinbase, BlockFi, etc. In support of the decision to expand its staff, Kraken said:

15.06 / 16:13

Binance Career coinbase Kraken Kraken To Kick Off 'Global Hiring Push' Despite Bearish Market

While some major crypto industry players are reacting to the recent market downturn with layoffs and/or freezing their hiring plans, major crypto exchange Kraken is unveiling a global hiring push with hundreds of available jobs across the world - declaring that it's not planning to fire its employees.

01.06 / 17:31

Blockchain coinbase Kraken Bitcoin Kraken CEO defends listing LUNA 2.0: ‘Bitcoin traders don't pay the bills’

The crypto winter has emotions running high. Kraken CEO Jesse Powell came under fire for his defense of listing the new LUNA, also known as LUNA 2.0, which seeks to bring the original LUNA — now known as Luna Classic (LUNC) — and TerraUSD — now known as TerraUSD Classic (USTC) — back from the dead.

30.05 / 15:05

Blockchain MARKET Altcoins Kraken New LUNA Token Rises, Still Down 65% After Launch, Kraken CEO Defends Listing

The new Terra (LUNA) blockchain went live on Saturday, with the newly airdropped LUNA token seeing extremely volatile trading on its first day, before stabilizing and gaining some ground later in the weekend. Despite having become a controversial project, the new LUNA token can already be traded on a number of large exchanges.

03.05 / 19:45

business NFT Kraken Marketplace Kraken NFT marketplace opens waitlist for beta

Crypto exchange Kraken has opened a waitlist for its nonfungible token, or NFT, marketplace in beta more than four months after CEO Jesse Powell announced the initiative.

22.04 / 13:41

Kraken proof-of-work Bitcoin ‘PoS Fanatics Attacking PoW are Actual Supervillains’, Kraken’s Powell Says as US Politicians Charge

A letter by a group of Democratic members of the US Congress attacking proof-of-work (PoW) mining and praising proof-of-stake (PoS) is causing an uproar in the Bitcoin (BTC) community, with crypto exchange Kraken CEO Jesse Powell claiming that “PoS fanatics attacking PoW are actual supervillains.”

13.04 / 00:53

business Belarus-born crypto platform halts operations for Russians in response to invasion of Ukraine

Crypto trading company Currency.com has announced it halted operations for clients based in Russia following the country’s “violence and disorder” imposed on the people of Ukraine.

08.04 / 13:27

Blockchain Kraken California Bitcoin Shuts Down safe NOT Kraken shuts down global headquarters as 'San Francisco is not safe'

The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters.

10.03 / 13:11

Ethereum Tether Kraken Bitcoin Kraken to Distribute USD 10M to Ukrainian Clients, Total Donations 'Close to USD 100M'

United States-based crypto exchange Kraken has announced an "ambitious aid package" aiming to distribute USD 10m in bitcoin (BTC) to its Ukrainian clients.

09.03 / 21:29

Blockchain Ethereum Charity Bitcoin crypto donations Tracked crypto donations to Ukraine surge to $108M as Kraken, Bored Ape joins in

On Wednesday, total crypto donations across Ukrainian government wallet addresses, charities, and relief efforts tracked by Cointelegraph has reached $108 million. The top three recipients of such funds included the official Bitcoin (BTC) and Ethereum(ETH) wallet addresses of the Ukrainian government, and a BTC donations address for Come Back Alive.

04.03 / 22:49

Blockchain Bitcoin freeze CEXs CEXs refuse blanket asset freeze of all Russian users, though questions linger

Centralized exchanges, or CEX, CEOs from companies such as Binance, Coinbase, and Kraken have all stated they will only freeze the assets of Russian clients specifically targeted by Western sanctions — not that of everyday Russian users.

02.03 / 12:51

Binance coinbase Gaming Kraken Animoca Bans Russian Users; Revolut CEO Condemns War, Matches Donations

Animoca Brands, a digital entertainment company that develops and publishes a wide portfolio of blockchain games, traditional games, and other products, has banned all Russian customers from its services in response to the country's invasion of Ukraine.

28.02 / 15:19

Twitter BLOCK Binance Kraken How Kraken, et al. responded to Ukraine’s request to ‘sabotage’ Russian users

The crypto-industry is being pulled into the Russia-Ukraine war, whether it wants to be there or not. After the Vice Prime Minister of Ukraine tweeted asking “major crypto exchanges” to block the addresses of Russians and “sabotage” even civilian users, here’s how industry players reacted.

28.02 / 13:47

cryptocurrency Legal Kraken Crypto Exchanges Soon Could Be Forced to Block Russian Users - Kraken CEO

In the aftermath of the Western sanctions on Russia due to its invasion of Ukraine, crypto exchanges could be soon required to freeze the accounts of their Russian customers, according to Kraken CEO Jesse Powell.

23.02 / 14:29

Twitter CEO coinbase Kraken The Ontario Securities Commission Flags Crypto Exchanges CEO's Tweet to Law Enforcement

The Ontario Securities Commission has flagged Twitter posts to the law enforcement by the CEOs of cryptocurrency exchanges Kraken and Coinbase Global Inc., according to the Logic report.

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