Archives

January 8, 2020 @ 11:44 am By Cali Haan  |  

American cryptocurrency trading platform Kraken says the global law enforcement requests for information went up 49% in 2019, with associated costs, “increasing, even in a relatively flat market.” The company tweeted an infographic of showing total requests in 2019, countries of requesting agencies, countries of… Read More

January 7, 2020 @ 8:06 pm By Cali Haan  |  

US cryptocurrency exchange Kraken will enable trading of Circle’s USD-proxy cryptographic stablecoin, USDC, starting January 8th. Kraken says it will enable deposits and withdrawals of USDC at 14:30 UTC on January 8. “The first trades will start shortly after funding is enabled as sell orders… Read More

December 20, 2019 @ 10:29 am By Cali Haan  |  

A former employee for the Kraken cryptocurrency exchange (Payward Inc.) is suing the company in California for discrimination, harassment, wrongful dismissal and retaliation for whistleblowing. The story was broken by Attack of the 50-Foot Blockchain author, David Gerard. Plaintiff Nathan Peter Runyon, “a decorated Marine… Read More

December 17, 2019 @ 10:20 pm By Cali Haan  |  

The OTC division of San Francisco’s Kraken cryptocurrency exchange has announced it is acquiring prominent crypto start up Circle’s “Circle Trade” OTC division. “Today, we’re excited to announce that Kraken is acquiring one of the most recognized OTC desks in crypto, Circle Trade,” Kraken states… Read More

November 29, 2019 @ 4:03 pm By Cali Haan  |  

Kraken’s highest-tiered and verified ‘pro’ customers will now be able to use Silvergate Bank’s Exchange Network (SEN) to fund their cryptocurrency trading accounts. An announcement on the Kraken blog states: “We are pleased to announce that Kraken has joined the Silvergate Exchange Network (SEN)…a proprietary internal… Read More

October 23, 2019 @ 10:19 pm By Cali Haan  |  

The San Francisco-based cryptocurrency exchange Kraken is partnering with “crypto trading terminal” providers Cryptowatch and “decentralized crypto trading platform agglomerator Totle, “to allow users to execute cryptocurrency trading strategies on both centralized exchanges and decentralized financial applications from a single platform.” The companies say the venture,… Read More

July 5, 2019 @ 10:02 am By Cali Haan  |  

Jessie Powell, the CEO of the San Francisco-based cryptocurrency trading platform Kraken told TD Ameritraid Monday that real money pouring onto crypto exchanges fuelled Bitcoin’s recent price rise, not controversial synthetic USDs called tethers. Tether printing comes after fiat and not before, said Powell: “Recently,… Read More

May 21, 2019 @ 11:38 am By JD Alois  |  

Popular crypto exchange Kraken is crowdfunding. Kraken has partnered with Bnk to the Future to “create a rare, but limited opportunity for both large and small investors to own shares of Kraken stock.” Kraken claimed over $85 billion in crypto trading during 2018. Beginning yesterday… Read More

April 26, 2019 @ 4:12 pm By Samantha Hurst  |  

Cryptocurrency exchange Kraken announced earlier this week it was listing Cosmo (ATOM) on its platform. Kraken reported it has enabled funding and trading. Clients are now able to place buy orders as soon as trading is enabled, but sell orders will not start appearing until… Read More

April 11, 2019 @ 11:26 am By Cali Haan  |  

A man who formerly managed institutional sales and trading for the Kraken cryptocurrency exchange is suing the firm for more than $900 000 USD in commissions he claims are outstanding, Bloomberg reports. The suit filed in New York on April 4th by the Silver-Miller Law… Read More

January 18, 2019 @ 12:17 pm By Cali Haan  |  

Crypto wallet and trading app provider Shapeshift has disclosed that it received 60 requests for information from law enforcement agencies across the globe last year. The company says it is providing the data on law enforcement inquiries in the interest of transparency and to distinguish… Read More

December 16, 2018 @ 2:56 pm By Cali Haan  |  

Kraken cryptocurrency exchange, one of the largest and longest-established crypto exchanges in the US, is offering private equity shares of the company to accredited investors for a minimum investment of $100 000. Kraken sent an email soliciting equity contributions this week to “our most valued… Read More

November 21, 2018 @ 2:39 am By Cali Haan  |  

The San Francisco-based cryptocurrency exchange Kraken has begun supporting the “BSV” coin, a crypto token product of last Thursday’s contentious hard forking of Bitcoin Cash. Bitcoin Cash is itself a “fork” or code-splice/copy of Bitcoin created by early Bitcoin champion Roger Ver and allies, who… Read More

August 13, 2018 @ 11:00 am By Cali Haan  |  

Onsite inspections of 16 licensed cryptocurrency exchanges and 7 with licenses pending in Japan has revealed generally loose business practices and controls, according to a report released last Friday by the Japanese Financial Services Agency (FSA). The inspections were conducted by the FSA in cooperation with… Read More

June 10, 2018 @ 6:31 pm By Cali Haan  |  

As part of a probe examining possible manipulation in Bitcoin markets, the regulator responsible for overseeing futures and commodity trading in the US has subpoenaed four American cryptocurrency exchanges to produce volumes of trade data, WSJ reported Friday June 8th. Top cryptocurrencies have since turned red as this… Read More

April 19, 2018 @ 9:07 am By Cali Haan  |  

The CEO of San Francisco-based cryptocurrency exchange Kraken, Jesse Powell, has fired back at a letter from the New York Attorney General’s office asking cryptocurrency exchanges to provide detailed information on their business practices within two weeks. The 34-point request for info was sent to… Read More

January 15, 2018 @ 11:31 am By JD Alois  |  

Kraken, one of the largest cryptocurrency exchanges in operation, scheduled a system upgrade last week for December 11th. The upgrade was to replace its trading engine with a new and improved version. Originally expected to take just 2 hours, Kraken remained down for several days… Read More