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After hitting its latest all-time high (ATH) on August 14, Bitcoin (BTC) has been on a steady decline, trading just above the $110,000 level at the time of writing. While some analysts opine that the crypto bull run may be over, on-chain data suggests that there is at least one more major leg up ahead…
Cryptocurrency exchange Kraken has announced that it has fallen victim to a major security flaw that has resulted in the theft of $3 million worth of digital assets. However, in a surprising turn of events, the party responsible has been identified as CertiK. This blockchain security firm claims to have initially reported the bug through…
Kraken’s WEMIX listing is not just another token notice for traders who follow gaming assets. It gives the project a larger regulated venue at a time when Web3 gaming tokens are trying to prove they still have a real market beyond hype cycles. The useful way to read this is not as a guaranteed price…
Ethereum’s momentum in institutional markets just hit a major roadblock. After months of enthusiasm surrounding spot Ethereum exchange-traded funds (ETFs), new data has shown that ETF flows have sunk to their worst monthly total since their launch. The sharp drop reflects a broader cooldown in investor demand, as market volatility and shifting risk appetite weigh…
Leave it to Jesse Powell to say what everyone in crypto is thinking. “I’m really trying to control my rage,” the mind behind Kraken tweeted to begin his rant. In the following article, we’ll comment on several of his very interesting points. Make no mistake, though, Jesse Powell thinks this isn’t over and the crypto…
As the crypto industry grows, its increased use by both innocent cryptocurrency investors and malicious cyber criminals does as well. This has prompted government agencies and financial market regulators to take a deeper look at crypto transactions in order to track down potential criminal behavior in hopes of finding evidence that will lead to successful…
Kraken has added spot trading support for Bittensor’s TAO token, giving one of the most closely watched decentralized AI assets a larger regulated exchange venue. For more details, visit the official Kraken platform. TL;DR Kraken has listed Bittensor (TAO) for spot trading.The listing expands access to one of crypto’s leading AI-linked tokens.Trading support includes major…
The Bank of England denied a bid by Nicolas Maduro, Venezuela’s dictatorial ruler, to withdraw $1.2 billion worth of Gold, reported Bloomberg. The move came after top US officials requested their UK counterparts to disconnect the Maduro’s regime from its assets abroad. The UK accepted the request as it, and many other countries, joined the US’…
Does Coinbase’s mild direct listing performance have emerging crypto platforms thinking twice about going public? The latest comments from major cryptocurrency exchange Kraken might be suggesting so. In an interview with CNBC earlier this year, Kraken CEO Jesse Powell shared that the company was considering going public via a direct listing in 2022. Coinbase went…
The world of cryptocurrency exchanges, often clouded with volatility and competition, has recently been witnessing a distinct shift in dynamics, particularly as a Kraken is taking the lead in the US altcoin trading space. The latest data reveals Kraken, the California-based crypto exchange, is now dominating its rivals, specifically Coinbase, in the altcoin market. Dominating…