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Blog posts about Kraken

Today, we're turning the spotlight onto one of the biggest players in the crypto world - Kraken. Founded in 2011 by Jesse Powell and headquartered in the technology hub of San Francisco, Kraken has sw...

Kraken News & Headlines

Kraken, a cryptocurrency exchange, is now offering support for euro and pound deposits via PayPal for users in the UK and Europe (excluding Hungary and Croatia). This new funding option is currently available on the Kraken mobile app. Additionally, Kraken is expanding its services in derivatives trading, aiming to fill the void left by the collapse of FTX last year. These developments are seen as positive for Kraken and its customers in the crypto industry.

Kraken co-founder, Jesse Powell, has expressed doubts about the revival plans for FTX 2.0, citing various concerns. This skepticism has caused divisions within the crypto community regarding the future of the bankrupt exchange.

Craig Wright maintains that he is Satoshi Nakamoto, the creator of Bitcoin, and asserts ownership of multiple cryptocurrencies.

The FBI conducted a search at the Los Angeles home of Jesse Powell, the founder of crypto exchange Kraken, as part of an investigation into allegations of hacking and cyberstalking a nonprofit group. Powell's lawyer insists that he has not committed any wrongdoing and that the issue does not pertain to his involvement in the crypto industry.

A federal court has mandated Kraken, a crypto exchange, to share user account and transaction information with the IRS. The IRS aims to investigate tax underreporting by Kraken's users.

Kraken, a centralized cryptocurrency exchange, has launched its NFT marketplace, providing access to over 250 unique NFT collections on the Ethereum, Solana, and Polygon blockchains. The Kraken NFT platform is no longer in beta and has officially been released.

Kraken, the crypto exchange, is investigating an issue with various crypto funding gateways, including BTC, ETH, and ERC20s. This has caused delays in deposits and withdrawals for its users.

Ethereum co-founder Jeffrey Wilcke has reportedly transferred 22,000 ETH worth over $41 million to Kraken exchange, a few weeks after Ethereum Foundation and co-founder Vitalik Buterin sold millions, leading to speculation of a possible price crash.

The UK Treasury Committee has recommended digital assets, like Bitcoin and Ether, are regulated like gambling due to their risk of fluctuation and causing investors to lose all their capital. However, the crypto industry stakeholders, like CryptoUK and Kraken, fiercely disagreed and are urging the authorities to look beyond volatility and acknowledge the benefits of cryptocurrencies.

Kraken Exchange has developed a unique strategy to tackle cryptocurrency scams by creating fake crypto accounts to bait unscrupulous wallets. This strategy aims to unmask scammers and shed light on deceptive tactics. A popular YouTuber, Kitboga helped Kraken to identify fraudulent activities under this initiative.

Kraken Overview

Kraken, a dependable and safe platform for trading digital assets, is committed to driving the widespread acceptance of cryptocurrency, thereby empowering you and everyone else globally to attain economic independence and inclusivity.

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Kraken Meta Data

Company Legal Name: Payward Brokers Pte Ltd

Year Founded: 2011

HQ Location: Level 42, Suntec Tower Three, 8 Temasek Blvd, Singapore 038988

HQ Timezone: Asia/Singapore

Alexa US Rank: 3,903

Alexa Global Rank: 4,670

Total Employees: 590

Total $ Raised: 111,500,000

Estimated Annual Revenue: $50M-$100M

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