Tagged: kraken

Kraken Settles with US Department of Treasury, Pays $362K Penalty

Crypto exchange Kraken has settled with the US Department of Treasury, which had alleged sanction violations. Falling under the Office of Foreign Assets Control (OFAC), Kraken has agreed to pay $362,158.70 to settle a possible civil liability for claimed violations of the Iranian Transactions and… Read More

Kraken to Allow Digital Asset Investors to Enhance Crypto Portfolios with Recurring Buys

The team at Kraken says you can keep calm and HODL on, because recurring buys are now available on the Kraken app. This new feature lets you “schedule your crypto purchases quickly and easily, which saves you time and can help ease the stress of… Read More

Digital Assets: Kraken Announces Support for The Graph (GRT) Staking

The team at Kraken notes that they’re pleased to announce that their crypto trading platform now supports staking for The Graph (GRT) holders, From the Earn section of your Kraken account or from your Pro mobile app, you’ll be “able to stake your GRT holdings… Read More

Digital Asset Firm Kraken Claims its Committed to Ensuring Transparency and Trust

Given the current discussion regarding solvency, the team at Kraken wanted to explain the systems they have in place “to ensure that assets on [their] exchange are readily available to you at any time and especially during times of uncertainty.” First, it is important to… Read More

Digital Asset Platform Kraken Now Supports TOKE, MOVR, PHA Crypto Trading for US, Canada

Following Kraken’s listings of Altair (AIR), Basilisk (BSX), Bifrost (BNC), Karura (KAR), KILT (KILT), Kintsugi (KINT), Moonriver (MOVR), Phala (PHA) and Tokemak (TOKE) for most countries, Kraken is pleased to announce “the availability of these tokens for residents of the United States and Canada.” Funding… Read More

Kraken CEO Jesse Powell to be Replaced by COO Dave Ripley

Kraken, a top five crypto exchange operating in the US, has announced that Kraken CEO Jesse Powell will step down and be replaced by current COO Dave Ripley. In a blog post, Kraken explained that after a “rigorous” search Ripley was selected for the CEO… Read More

Ethereum Fork: Kraken Supports EthereumPoW (ETHW) Trading, Token Distribution

Digital asset firm Kraken is pleased to announce that their platform now supports EthereumPoW (ETHW). As mentioned in an update posted on September 16 by Kraken, ETHW trading “is live and the ETHW token has been distributed to eligible clients.” A further announcement will be… Read More

Ethereum After The Merge: More ETH Expected to be Destroyed than Created, Report Claims

We’re quickly approaching (or have already followed through with) The Merge, the most notable upgrade in Ethereum’s history and “a crucial turning point for the wider crypto industry,” according to an update from digital asset firm Kraken. As the Ethereum blockchain transitions from proof-of-work (PoW)… Read More

Bitcoin, Ethereum, Other Crypto-Asset Prices Decline Significantly: Report

After July’s green candles, August 2022 resumed a downward trend for crypto-assets across the board, the team at Kraken noted in a new report. Bitcoin, Ethereum and the rest of the crypto market “saw negative returns for the month.” Prices of BTC (-14%) and ETH… Read More

Digital Assets: Kraken Adds Trading Support for ALPHA, BLZ, BOBA, Other Crypto Tokens

Digital asset firm Kraken is pleased to announce that their crypto trading platform now supports Alpha Venture DAO (ALPHA), Bluzelle (BLZ), Boba Network (BOBA), Celer Network (CELR), Nodle (NODL), Polkastarter (POLS), Marlin (POND), TrueFi (TRU) and Chain (XCN). Funding is now live, and trading was… Read More

Digital Assets: Kraken Now Supports Trading with Basilisk (BSX)

Digital asset firm Kraken is pleased to announce that Basilisk (BSX) has begun trading on their platform. Clients can add BSX to their Kraken accounts “by navigating to Funding, selecting Basilisk, and then Deposit.” Trading with this token started on August 11, 2022. According to… Read More

Crypto Market Report: ETH Surged 57.1% MoM while BTC Rose 16.9% in Same Period

The cryptocurrency and blockchain industry faced headwinds in recent months as May’s collapse of the Terra ecosystem took its toll on many other market participants. In June and July of this year, major crypto lending platforms (including Celsius, BlockFi, Voyager and Vauld) took drastic measures… Read More

Digital Assets: Crust Shadow (CSM) Trading Now Supported by Kraken

The team at digital asset firm Kraken is pleased to confirm that their crypto trading platform now supports Crust Shadow (CSM). Customers may now choose to add CSM to their Kraken accounts by simply “navigating to Funding, selecting the asset, and then Deposit.” Trading will… Read More

Kraken Is Offering Expanded Margin Pairs for BTC, XRP, ETH, MATIC, LINK, DOGE, SOL, MANA

The team at digital asset firm Kraken is pleased to announce that their crypto trading platform now supports new margin pairs “for Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE), Solana (SOL) and Decentraland (MANA)!” Margin trading is now available for… Read More

Cryptocurrency Markets Remained Bearish in June After Huge Sell-off in May: Report

Cryptocurrency markets remained fairly bearish in June 2022 after May’s broad market sell off, the team at Kraken notes in a report. All crypto sectors “reported negative returns month-over-month; even the best performers posted losses exceeding -18%.” Meme and metaverse coins “performed only slightly better… Read More

Digital Assets: Kraken Now Supports Trading with Interlay (INTR)

Digital asset firm Kraken is pleased to announce that their crypto trading platform now supports Interlay (INTR). You can add INTR to your Kraken account “by navigating to Funding, selecting the asset, and hitting Deposit.” Trading will “begin June 30th.” Here’s what you need to… Read More

Crypto Jobs Report: Circle, Kraken, CoinDCX, Nium Looking to Hire New Talent

  Analysis of online jobs data has found that digital currency exchange Kraken is “leading” the crypto recruitment charge. The company is looking “to fill over 650 new positions in the past week in the UK and United States.” Further analysis shows that Jack Dorsey’s… Read More

Anti-Woke: Kraken CEO Offers Severance to Intolerant Employees

Jesse Powell, CEO of crypto exchange Kraken, has taken to Twitter to defend Kraken’s recent culture statement that attempted to be inclusive of everyone’s beliefs but apparently offended woke-leaning employees. Powell said that during “heated debates” about 20 people out of 3200 were not on… Read More

Stablecoins: Tether (USDT), USD Coin (USDC), Dai (DAI) Margin Trading Pairs Now Supported by Kraken

Digital asset firm Kraken recently revealed that they now support new margin pairs for Tether (USDT), USD Coin (USDC) and Dai (DAI). Margin trading is now offered via Kraken for several new pairs. You may view the complete list of supported pairs here. As covered,… Read More

What Slowdown? Binance, Kraken are Still Hiring While Others Slash Employee Headcount

Multiple Fintechs have recently announced layoffs due to the faltering economy and rising interest rates. Most people are predicting a recession – one that could be long and hard. Due to the current economic malaise and forward expectations, companies like Coinbase, BlockFi, and others have… Read More

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