Kraken has recently found itself at the center of a legal battle with the U.S. Securities and Exchange Commission (SEC). The core of the dispute revolves around whether the platform is operating as an unregistered securities exchange. A federal judge…
Kraken Expands Custody Services to UK and Australia
Kraken, a prominent cryptocurrency exchange, has made significant strides in expanding its custody services to cater to institutional clients in the UK and Australia. This strategic move builds on the successful launch of Kraken Custody in the U.S. earlier this…
Crypto Exchange Kraken Seeks Over $100 Million for Pre IPO Funding Round
Kraken, one of the oldest and most reputable cryptocurrency exchanges, is contemplating raising a final funding round ahead of a potential initial public offering (IPO). This decision comes amid inquiries from potential investors during the current digital-asset market surge. Founded…
Kraken Challenges SEC in Legal Dispute Over Cryptocurrency Regulations
The ongoing legal battle between Kraken, a prominent cryptocurrency exchange, and the US Securities and Exchange Commission (SEC) has intensified with a recent filing by Kraken. In their reply to the SEC’s letter, Kraken challenges the agency’s case, claiming that…
Kraken Challenges SEC Lawsuit, Joining Industry Peers in Defense Against Regulatory Allegations
Kraken, one of the cryptocurrency exchanges, has recently filed a motion to dismiss the lawsuit brought against it by the Securities and Exchange Commission (SEC) in a US court. This legal action by Kraken aligns it with other industry peers,…
Kraken challenges SEC’s allegations, defends crypto industry’s right to thrive – Advancing Crypto Innovation in the United States
In the face of the Securities and Exchange Commission’s (SEC) allegations, Kraken challenges the claims and advocates for the right of the crypto industry to exist and flourish in the United States. The complaint against Kraken lacks substantial evidence of…
SEC Accuses Kraken of Co-Mingling $38 Billion in Customer Funds
In the rapidly evolving world of cryptocurrencies, the issue of secure asset management has become a crucial focal point for investors and regulatory bodies alike. Recent developments have shed light on the practices of some prominent cryptocurrency exchanges, raising concerns…
Advocating for Regulatory Clarity: Challenging SEC Claims to Safeguard the Crypto Industry’s Existence in the U.S
Amidst a recent legal contention initiated by the Securities and Exchange Commission (SEC), Kraken, the third-largest cryptocurrency exchange in the realm of spot-market trading volume, finds itself under the accusatory lens for allegedly transgressing U.S. securities law. The central charge…
FTX Seeks $9.4B Bailout As Tron Explodes With News Of A Potential Takeover
Despite being criticized heavily by Kraken CEO Jesse Powell, FTX’s Sam Bankman-Fried has reached out to Kraken for a possible bailout. This is after a collapse in talks that FTX was having with Binance about a possible takeover. The most…
Kraken’s Jesse Powell Says FTX Crash Could Set Industry Back 3 Years
Jesse Powell, the founder and chairman of the cryptocurrency exchange Kraken, reacted to the FTX crash on Twitter and suggested that the crypto community needed to stop being so trusting and strengthen its standards. In a 14-Tweet thread, Powell appeals…
StilachiRAT Malware affects crypto wallets via Chrome add-ons – Microsoft
A newly uncovered remote access trojan (RAT) named StilachiRAT is posing a serious threat to cryptocurrency users by targeting their browser-based wallets and saved login credentials. Discovered by Microsoft Incident Response and detailed in a report published on March 17,…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
