Kraken Financial News

28.12 / 23:37

BTC Kraken HAL Bitcoin Bitcoin Price Prediction – Can BTC Recover to $60,000 in 2023?

Bitcoin price prediction continues to remain bearish, however, the double bottom support level may halt the downtrend near $16,570. On December 28, the BTC/USD began trading at $16,719, reaching the highest and lowest values are $16,586.00 and $16,759.00, respectively. The BTC/USD pair is now trading at $16,673, down 0.92% in 24 hours.

28.12 / 19:35

Gemini Kraken Bitcoin Department Today in Crypto: Scammers Impersonate the US Department of State, MicroStrategy Buys-Sells-Buys Bitcoin, Midas Investments Closes Doors Due to Major Losses

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

28.12 / 08:47

business Kraken Time Kraken quits Japan for second time blaming a ‘weak crypto market’

Global cryptocurrency exchange Kraken has decided to pull its operations in Japan for the second time, citing a strain on its resources amid a “weak crypto market.”

23.12 / 19:33

Ethereum SEC BNB Kraken Today in Crypto: Joint Operation Dismantles $16M-heavy Crypto Fraud, Kraken Pro and Kraken NFT Go Live, OpenSea Blocks 30 Cuban Creators

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

07.12 / 03:03

Kraken The Fintech Files: Kraken’s ‘savage’ layoffs, more trouble for crypto hedge funds

Staff at Kraken have become the latest victims of the crypto winter after the US-based exchange announced 1,100 job cuts.

06.12 / 16:29

Kraken Discover ‘It was savage’: Kraken’s crypto staff slam ‘cold’ redundancies

Staff laid off by crypto giant Kraken say they only learned of their redundancies when they were locked out of their computers, and discovered their fates via news reports.

05.12 / 14:51

Twitter BitPanda Kraken NYDIG Bybit lays of more staff to weather crypto storm

The latest round of cuts follows layoffs announced in June by the firm which affected 25% of the workforce.

01.12 / 15:41

Binance Kraken Kraken Crypto Exchange Cuts 30% of Workforce, Binance CEO Makes Indirect Tweet

Cryptocurrency exchange Kraken has announced a major job cut, laying off 30% of its workforce or 1,100 people. Meanwhile, Binance CEO CZ warned users in a now-deleted Tweet to beware of platforms that "have layoffs."

01.12 / 01:31

markets Kraken ECB Bitcoin Total crypto market-cap hits $850M as Bitcoin and altcoins recover from FTX’s collapse

The total cryptocurrency market capitalization gained 2% in the past seven days, reaching $850 billion. Even with the positive movement and the ascending channel that was initiated on Nov. 20, the overall sentiment remains bearish and year-to-date losses amount to 63.5%.

30.11 / 21:23

cryptocurrency Kraken layoffs Crypto Exchange Crypto exchange Kraken to cut about 1,100 global jobs

Cryptocurrency exchange Kraken said on Wednesday it would cut its global workforce by 30%, or about 1,100 employees, citing tough market conditions that have crippled demand for digital assets this year.

30.11 / 20:41

COST Remark Kraken Crypto exchange Kraken to lay off a third of its workforce

"This reduction takes our team size back to where it was only 12 months ago," says the company in a blog post. "Since the start of this year, macroeconomic and geopolitical factors have weighed on financial markets.

29.11 / 23:15

markets Ethereum Kraken Ethereum derivatives look bearish, but traders believe the ETH bottom is in

Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in the past 30 days significantly impacts investors' sentiment. Moreover, investors’ mood worsened after BlockFi filed for bankruptcy on Nov. 28.

29.11 / 19:23

Sport Kraken TRON Indian Today in Crypto: FTX Resumes Employee Salaries, Huobi Partners with Tron & DMC on Dominica Coin, Ukrainian & Indian CBDCs

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

28.11 / 23:37

regulation Kraken OFAC us sanctions Kraken settles with US Treasury's OFAC for violating US sanctions

The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, has announced a settlement with crypto exchange Kraken for “apparent violations of sanctions against Iran.”

26.11 / 08:27

business Blockchain Binance Kraken reserves Binance proof-of-reserves is 'pointless without liabilities': Kraken CEO

The collapse of the crypto exchange FTX revealed the importance of proof-of-reserves in avoiding situations involving the misappropriation of users’ funds. While exchanges have proactively started sharing wallet addresses to prove the existence of users’ funds, several entrepreneurs, including Kraken CEO and co-founder Jesse Powell, called the practice “pointless” as exchanges fail to include liabilities.

24.11 / 12:59

Blockchain Kraken Nov AUD Future FINTECH22: The Future Is Here Now

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

17.11 / 12:41

coinbase Gemini Kraken Bitcoin week US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week

Bitcoin (BTC) has flooded out of exchanges in the past week as users become wary of security and regulatory scrutiny.

14.11 / 07:19

business Law Funding Kraken Crypto exchange Kraken freezes accounts related to FTX and Alameda

United-States-based cryptocurrency exchange Kraken has frozen the accounts associated with “FTX Group, Alameda Research, and their executives,” on its exchange after engaging with authorities.

11.11 / 04:29

business Tether coinbase Kraken Genesis Trading Genesis Trading reveals $175M of funds are locked in FTX

In what it hails as an effort to be transparent, Digital Currency Group’s market maker and lending subsidiary, Genesis Trading, revealed that its derivatives business has around $175 million worth of funds locked away in an FTX trading account.

10.11 / 19:21

cryptocurrency Kraken FTX FTX approaches crypto exchange Kraken for funds: Report

FTX has approached Kraken as potential rescue partner, Axios reported on Thursday, citing two people familiar with the matter, just hours after Chief Executive Sam Bankman-Fried said he had launched an urgent push to raise funds.

09.11 / 18:21

Binance Trading security Kraken reserves Binance to Provide Proof-of-Reserves Following FTX Bust – Other Exchanges to Follow Suit?

Major crypto exchange Binance will follow Gate.io 's and Kraken's example and start doing Proof-of-Reserve (PoR) audits, said CEO Changpeng Zhao.

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