Kraken, the prominent cryptocurrency exchange, has reportedly laid off ‘hundreds’ of employees as part of a strategic effort to streamline operations in anticipation of its upcoming IPO. This move highlights the challenges facing the crypto sector amidst market volatility.
Kraken has officially listed WINkLink (WIN), enhancing its offerings for users. To celebrate, the exchange is launching a $90,000 Reef Program airdrop, aimed at boosting engagement and incentivizing participation in the growing crypto ecosystem.
Kraken has successfully secured a restricted dealer registration in Canada, demonstrating its commitment to the local cryptocurrency market. This development enhances regulatory compliance and aims to provide Canadian investors with a secure trading environment.
A significant transaction has occurred as a dormant Ethereum whale transfers $13 million worth of ETH to Kraken. This unexpected movement raises questions about potential market implications and the whale’s future intentions in the crypto landscape.
Bitcoin’s Potential Trajectory
Speculations abound regarding Bitcoin’s next move. Analysts suggest various scenarios, including a potential surge or a period of consolidation. Technical indicators hint at a bullish outlook, with the formation of a golden cross on the daily chart. However, it remains crucial to exercise caution and monitor market conditions closely, as Bitcoin’s price remains subject to volatility.
The United States Securities and Exchange Commission (SEC) has charged the cryptocurrency exchange Kraken with operating an unregistered securities exchange, broker, and dealer. Kraken, a San Francisco-based cryptocurrency exchange, was charged by the SEC for […]
Crypto whales struck again as a large bundle of Ethereum (ETH) was just moved to crypto exchange Kraken. Despite the almost $2 million transaction, ETH prices remain mostly unaffected, indicating that investors are bullish on the cryptocurrency.
Kraken, the multi-faceted cryptocurrency exchange, is reportedly exploring the possibility of stock trading. According to Bloomberg, the should-be service would be powered by the same technology that handles its digital asset exchange. However, no official announcement has been made.
Kraken has taken key steps forward in its expansion into Spain and Ireland, having obtained regulatory approval from both countries. This is a major milestone in the leading cryptocurrency exchange’s global expansion strategy.
A Kraken user lost $4.5 million USDT in a recent phishing scam targeting the cryptocurrency exchange. The scheme reportedly involved the user receiving emails that asked him to hastily update their crypto wallet information. Security experts warn of similar scams in the future.