Kraken Financial News

17.03 / 14:13

regulation coinbase Kraken Crypto Exchanges Facing 'Fork in the Road' Over Russia Sanctions - London Stock Exchange Group CEO

Amid the West’s intensifying efforts to punish Russia’s authorities for their invasion of Ukraine, crypto exchanges are facing long-term damage to their industry if they decide to remain active in the Russian market, according to David Schwimmer, CEO of the London Stock Exchange Group.

15.03 / 17:11

Blockchain Scams Kraken Bitcoin Crypto users Bitcoin stealing malware: Bitter reminder for crypto users to stay vigilant

An unfortunate Bitcoin (BTC) user was duped out of 0.255 BTC, almost $10,000, due to malware running on their computer.

11.03 / 15:31

BLOCK Digital Platform Kraken Crypto remains divisive amid Russia's invasion of Ukraine

Calls to clampdown on exchanges operating in Russia are contrasted with those who laud crypto as a means to provide Ukrainians with an alternate form of currency and fast access to financial support from across the globe. It remains to be seen whether regulators (perhaps especially those in the US) will feel sufficiently vindicated in their long-standing opposition to cryptocurrency given its ability to funnel funds into the hands of bad actors, to push back further on allowing crypto in the market in any mainstream way.

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.

05.03 / 18:25

Binance Action coinbase Kraken Financial Is Russia facing a financial meltdown? This recent ban reveals…

After many Russian banks were barred from the SWIFT system amid the Ukraine conflict, Moscow has been facing a financial meltdown.

04.03 / 16:23

BLOCK Digital Platform Kraken Crypto remains divisive amid Russia's invasion of Ukraine

04.03 / 12:55

Binance coinbase Kraken Russian Oligarchs Unlikely to Use Crypto to Dodge Sanctions - Coinbase CEO

The heads of some of the world’s biggest centralized crypto exchanges (CEXes) have hit back against critics who claim crypto could be used by Russian oligarchs attempting to evade Western sanctions. However, the exchanges will abide by the law in case there's a ban on all Russian users.

03.03 / 23:03

BLOCK Binance CEO Kraken BNB rallies against investors’ sentiments while Binance debates ‘ethical PoV’

All cameras were trained on Binance as Ukraine requested crypto exchanges to issue a blanket ban on Russian users. As more and more politicians, crypto players, and war survivors voiced their own views on the issue, the pressure is mounting on exchanges to please everyone – while staying true to the values of cryptocurrency.

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.

22.02 / 13:33

coinbase Kraken Police reports Canadian Regulator Reports Coinbase, Kraken CEOs' Crypto Custody Tweets

The crypto fallout from Canada’s so-called “truckers’ protest” is continuing to make its presence felt – with a financial regulator reporting the heads of the American crypto exchange giants Kraken and Coinbase to the Royal Canadian Mounted Police, the Canadian national police force, over their Twitter activity.

22.02 / 01:27

Ethereum coinbase Kraken Ethereum: Are Coinbase, Kraken party to centralization

Ethereum‘s main chain is expected to merge with its Beacon Chain later this year, effectively turning it into a Proof of Stake protocol. In anticipation of this, users have increasingly been staking their ETH, with the staking deposit contract amassing over 9.41 million Ether worth over $24.83 billion at press time.

20.02 / 20:11

Target Platform Kraken Bitcoin Freedom Convoy Canada: Bitcoin, Freedom Convoy 2022, and what if ‘push came to shove’

The Freedom Convoy 2022 trigged shockwaves across the planet as millions tuned in to watch Canada’s truckers blockade roads to protest COVID-19 vaccine mandates and regulations. Now, with authorities trying to cut off crypto-funding to the Freedom Convoy’s organizers, many are wondering if crypto exchanges and platforms will be on the hit list soon.

18.02 / 16:49

Kraken Coronavirus Bitcoin Bitcoin Wallets Crypto community condemns Canada for freezing dissidents' Bitcoin wallets

Global cryptocurrency enthusiasts have expressed concerns over Canadian authorities freezing bank accounts and crypto wallets involved in funding local COVID-19 protests.

18.02 / 07:23

Blockchain Pool Kraken Bitcoin Here’s how Cardano has the edge over its competitors in terms of staking

The world’s first cryptocurrency, Bitcoin, was envisioned and designed to follow a Proof-of-Work mechanism for transactions to go through, It was evident early on that this wasn’t sustainable for the environment in the long term. Most of the newer blockchains have thus opted for a Proof-of-Stake consensus algorithm, which allows for all participants to partake in the validation process while earning a few extra bucks on the side.

12.02 / 21:47

Ethereum BTC Platform Kraken Looking to invest in Cardano? Here’s how much you should allocate based on its TVL

Cardano is known for its scientific approach to building a fair, sustainable, and decentralized network. A Kraken report called Cardano, a Nakamoto-style cryptocurrency with a Bitcoin-like supply model that deflates over time. In fact, the Cardano foundation has been citing its bullish predictions for its native token. However, it is to be noted, the price trajectory of the coin has willingly obliged the BTC for over four months now.

12.02 / 13:21

UPS Action Kraken Monero Monero was trading at a take-profit level; can bulls push the price past this area of supply

One of the leaders of the privacy coin sector, the price of Monero has taken a beating on the charts. A few months ago, Kraken had to delist Monero due to regulatory compliance reasons in the UK. News such as these could deflate investor confidence in the coin. At the time of writing, the coin was trading at an area of supply at $180- but bulls might be forced to retreat once more.

08.02 / 11:48

Forecast MARKET Kraken Bitcoin Brace for Green February, Kraken Tells Bitcoin Hodlers as BTC Tests USD 45K

Despite January being the historically worst performing month for bitcoin (BTC), the coin’s -19% return for the month this year “did not live up to expectations,” crypto exchange Kraken said. But if history is a guide, February should be better for BTC investors, with average returns of +17% for the month, they added.

04.02 / 13:08

Ethereum Platform Kraken Bitcoin Reserve audit Customers Kraken Passes Reserve Audit Proof, Allowing Customers to Verify Crypto Balances

Kraken exchange has passed a crypto audit by Armanino LLP, allowing customers to verify cryptocurrency balances.

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