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German Government Moves 900 Bitcoin to Coinbase and Kraken
25.6.2024
The German government amassed an impressive portfolio of 50,000 Bitcoin after seizing it from pirated movie site operators in January. Amid the recent drop in BTC’s price, the government strategically offloaded some of its holdings over the past week to various exchanges, signaling a possible...
German gov’t offloads 900 Bitcoin, with 400 BTC sent to Coinbase and Kraken
25.6.2024
The added selling pressure from the German government could tank Bitcoin price below the key $60,000 mark
Kraken’s Derivatives Arm Joins Copper’s Crypto Settlement Network
24.6.2024
SEC Demands $102M From Ripple, Dems Reportedly Prepare for Crypto Roundtable, and More — Week in Review
23.6.2024
The U.S. Securities and Exchange Commission (SEC) is seeking a $102.6 million penalty from Ripple in the XRP case. Meanwhile, the Biden administration, along with Mark Cuban and Representative Ro Khanna, are preparing for a crucial crypto roundtable. A Bank of America report reveals that younger...
Bitcoin price drop and crypto market turmoil intensifies — Is Germany to blame?
21.6.2024
Some traders say Germany’s Bitcoin selling is behind this week’s drop, but a negative reaction to concerning macroeconomic data is the likely culprit
Kraken-CertiK $3M saga, zkSync airdrop wallets dumping tokens: Finance Redefined
21.6.2024
The ZK token dump led to a 34.5% price decline in the token $0.18 after it hit a high of $0.32 shortly after launching
Judge in SEC v. Kraken case suggests he will deny motion to dismiss
21.6.2024
In their motion to dismiss, Kraken’s lawyers disputed the legal theory that the exchange was an “ecosystem” for crypto asset securities
Kraken recovers $3 million from CertiK, ending bug bounty saga
20.6.2024
Certik has returned the funds to Kraken exchange, putting a happy end to the bug bounty-related saga
Kraken recovers $3 million from CertiK, ending bug bounty saga
20.6.2024
CertiK has returned the funds to the Kraken exchange, putting a happy end to the bug bounty-related saga
Kraken-CertiK saga turns murky as part of exploited funds go ‘missing’
20.6.2024
Kraken is planning to take legal action against security firm CertiK as the "white hat" operation by security firm turns into a legal blunder
Kraken Calls Security Research Firm’s Demands ‘Criminal’; Certik Slams Threats Against Its Employees
19.6.2024
Kraken has accused an unnamed security research firm of stealing $3 million from its treasury and attempting to extort more money. Nick Percoco said so-called white hat hackers failed to fully disclose the bug transaction details and have not made arrangements to return the stolen funds. White...
German Law Enforcement Transfers $425M in Bitcoin From Seized Funds
19.6.2024
Onchain data reveals that an entity likely tied to Germany’s Federal Criminal Police Office (BKA) transferred 6,500 bitcoin, valued at approximately $425 million, on June 19. Arkham Intelligence identified the address on Jan. 31 through its onchain monitoring systems. German Authorities...
CertiK identified Kraken exploit, claims exchange ‘threatened’ its team
19.6.2024
The security firm said it was transferring the digital assets obtained in the exploit of Kraken back to the exchange, but many crypto users questioned its motives
Kraken Says Hackers Turned to 'Extortion' After Exploiting Bug for $3M
19.6.2024
The bug found by a "security researcher" led to $3 million stolen from Kraken's treasuries
Kraken says its being extorted following bug bounty report
19.6.2024
The bug resulted in at least $3 million worth of stolen funds, but no user funds were endangered, according to Kraken
Original TRUMP Token Struggles With Exchange Listings as DJT Rockets
18.6.2024
Exchanges will list TREMP but not TRUMP, claiming the latter is "too political."
Ethereum price drops after whale moves $20M to Kraken
18.6.2024
Ethereum ($ETH) has breached the support level of $3,500 by trading at $3,438.76 at the press time. Bitcoin ($BTC) is leading the declining trend but ETH, specifically, has its downfall credited to an ICO whale who just moved tokens worth $20 million to Kraken. The whale was seen depositing 5.5k...
Kraken gears up for an IPO with a $100M fundraising target
7.6.2024
Kraken, one of the world’s largest cryptocurrency exchanges, is making strategic measures in advance of its highly anticipated initial public offering (IPO). The company aims to raise $100 million in a final fundraising round before going public, signaling a major milestone in its growth...
Report: Kraken Considers IPO Amid Renewed Investor Interest
6.6.2024
Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public offering (IPO) as soon as next year, according to Bloomberg. This move follows renewed interest from investors during the current digital-asset market rally and a perceived...
Kraken preparing for $100M funding round ahead of possible IPO: Report
6.6.2024
The cryptocurrency exchange said in 2021 — before Coinbase’s IPO — that it planned to pursue a direct listing if it chose to go public