Kraken

Buterin moves ETH to Kraken shortly before Binance suit announced

0xMain
June 6, 2023

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In a recent development, Vitalik Buterin, the co-founder of ethereum, transferred 400 ETH to the Kraken exchange. The transaction, which took place on June 5, 2023, was completed within 30 seconds and had a value of approximately $723,000. This move comes amidst a...

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Kraken fights back after IRS demands user information

0xMain
April 26, 2023

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Cryptocurrency exchange Kraken challenges the Internal Revenue Service’s (IRS) requests for user data, claiming the demands represent an unwarranted intrusion and asking a federal court to intervene. Recently the cryptocurrency exchange, Kraken, is contesting the IRS’s request for information about its users, claiming...

Kraken expands to Ireland, secures VASP license

0xMain
April 19, 2023

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Kraken crypto exchange has expanded operations to Europe via Ireland, after successfully securing a Virtual Asset Service Provider License (VASP) license in the region. Kraken will operate in the jurisdiction through its new subsidiary, Payward Europe Solutions Limited. Jesse Powel’s Kraken crypto exchange...

Williams Racing and Kraken announce global partnership

0xMain
March 28, 2023

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Williams Racing just announced a global partnership with the Kraken exchange network as they explore the concept of web3 and cryptocurrency together. Williams Racing collaborates with Kraken Cryptocurrency and the web3 landscape have recently enjoyed strong adoption from the sporting industry. According to...

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Kraken joins list of crypto firms cutting ties with troubled banks

0xMain
March 24, 2023

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Kraken crypto exchange has reportedly informed its customers that as of March 27, deposits and withdrawals via ACH Silvergate and Plaid will no longer be available. Kraken cuts ties with Silvergate Jesse Powell’s Kraken crypto exchange has reportedly informed its users that as...

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Kraken continues bank launch plans amid regulatory hurdles

0xMain
March 6, 2023

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Kraken is still steadfast in launching its bank, despite facing a harsh regulatory landscape and several charges of violating securities laws by the US Securities and Exchange Commission. According to Marco Santori, the Chief Legal Officer at Kraken, the launch is on track....

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Kraken CEO’s criticism of regulators gains momentum

0xMain
February 20, 2023

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Jesse Powell, CEO of crypto exchange Kraken scrutinized by the US regulators, expressed his regrets by urging Congress to protect the domestic crypto industry. Kraken, the popular cryptocurrency exchange, recently reached a $30 million settlement with the US Securities and Exchange Commission (SEC),...