Russia’s Kraken Surges 68% Amid Global Darknet Crypto Downturn In 2024, global darknet cryptocurrency sales saw a 15% decline due to heightened law enforcement efforts, but Russia’s darknet market, Kraken, bucked the trend with a 68% increase in crypto transactions, amassing $737 million. This surge positioned Kraken as the leading darknet market by annual revenue […]
Read Full Article
Kraken Thwarts North Korea-Backed Hacker’s Job Application Scheme Kraken, a leading cryptocurrency exchange, successfully thwarted an infiltration attempt by a North Korea-backed hacker who applied for a job posing as an engineer. The hacker’s deception was uncovered during the interview process, highlighting the growing trend of state-sponsored cyber attacks targeting the crypto industry. North Korea-backed […]
Read Full Article
Kraken Dives into Forex with FX Perps Launch Kraken, a leading cryptocurrency exchange, has made a bold move into the realm of traditional finance by launching forex perpetual futures (FX perps) for the EUR/USD and GBP/USD pairs. This expansion signifies Kraken’s ambition to bridge the gap between crypto and conventional markets, offering traders new opportunities […]
Read Full Article
Kraken Slashes Workforce in Ongoing Layoffs as Exchange Preps for U.S. IPO Kraken, a major player in the cryptocurrency exchange arena, is undergoing a significant overhaul. The company is cutting jobs and merging teams, even as it continues to hire in critical areas. This move is part of Kraken’s preparation for a potential U.S. IPO […]
Read Full Article
Kraken Secures Restricted Dealer Status in Canada, Expands Crypto Services Kraken, a global crypto giant, has just unlocked a new frontier in Canada, promising easier access to digital currencies for Canadians. The exchange has successfully registered as a restricted dealer, appointed Cynthia Del Pozo as North America general manager, and introduced free Interac e-Transfer deposits […]
Read Full Article
Kraken Embraces Ripple’s RLUSD, Boosting Stablecoin’s Cross-Border Payment Potential Kraken, a leading US crypto exchange, has added support for Ripple’s new stablecoin, RLUSD, enhancing its potential for cross-border payments. Launched in mid-December 2024, RLUSD has already surpassed a $293 million market cap and is now available on both the XRP Ledger and Ethereum blockchains. This […]
Read Full Article
Best Rated Crypto Exchanges: Your Ultimate Guide Crypto exchanges are the backbone of the cryptocurrency world, serving as the gateway for millions to buy, sell, and hold digital assets. Choosing the right platform is vital for a secure and efficient trading experience. We’ve ranked the top six exchanges based on traffic, liquidity, trading volumes, security, […]
Read Full Article
The Great Appchain Migration: Uniswap’s Shift to Custom Infrastructure is Part of a Larger Trend The blockchain industry is witnessing a significant shift as major players like Uniswap and Kraken move from general-purpose blockchains to custom-built appchains. This trend is driven by the need for more tailored and efficient infrastructure, promising improvements in scalability, cost […]
Read Full Article
Kraken Acquires NinjaTrader in Landmark $1.5 Billion Deal, Eyes 2026 IPO Kraken, the second-largest US-based crypto exchange by trading volume, has made a significant strategic move by acquiring NinjaTrader, a leading US retail futures trading platform, for $1.5 billion. This deal, set to close in the first half of 2025, is a crucial step in […]
Read Full Article
Record-Breaking $1 Billion Bitcoin Withdrawal from Kraken Shakes Crypto Market The cryptocurrency world was rocked by Whale Alert’s report of three colossal withdrawals totaling over $1 billion in Bitcoin from the prominent U.S. exchange Kraken. These hefty transactions, along with significant movements from Coinbase, have ignited intense speculation about the motives behind these massive shifts […]
Read Full Article