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Kraken Accused of Operating Unregistered Platform, Mixing Customer Funds; Bittrex Global to Shut Down

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the U.S. Securities and Exchange Commission (SEC) allegations in a new lawsuit against Kraken, the reported settlement between Binance and the Department of Justice, plus the details as Bittrex Global announces it will shut down.

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SEC Suing Kraken a 'Big Yawn' For Crypto Markets: Opimas CEO

Bitcoin (BTC)'s price remains little changed below $37,000 on the heels of the SEC suing Kraken on allegations the crypto exchange violated federal securities laws. This comes as the appointment of Javier Milei, a pro-bitcoin candidate, as the President of Argentina added some 2% to the digital asset space. Opimas CEO and Founder Octavio Marenzi shares his crypto markets update. 

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FTX Restart Efforts; Kraken Mulls Partner to Help Launch Its Own Layer 2 Network

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Kraken's new efforts to launch a layer 2 blockchain network. Coinbase adds four national security experts to its Global Advisory Council. And, plans to bring Sam Bankman-Fried's crypto exchange back to life include the Silicon Valley investment firm Proof Group, according to CoinDesk sources.

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Kraken to Place NFTs on Formula 1 Team’s Cars at the Grand Prix

Crypto exchange Kraken will place non-fungible tokens (NFTs) on the back of British F1 team Williams Racing's cars competing in the U.S. Grand Prix this October. Kraken CMO Mayur Gupta shares insights into the ongoing partnership and the state of crypto marketing amid crypto winter.

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Kraken Co-Founder Jesse Powell Faces Probe on Claims of Hacking, Cyberstalking Non-Profit

Crypto exchange Kraken co-founder Jesse Powell is being investigated by Federal law enforcement on claims that he hacked and cyberstalked a non-profit that he founded, a lawyer for Powell confirmed after a report by The New York Times on Thursday. "The Hash" panel shares their reaction as a lawyer for Powell said he's done "nothing wrong."

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Kraken’s Canada Customer Deposits Rose After Binance, OKX Plan to Leave

Cryptocurrency exchange Kraken is reaping the benefits of staying in Canada after rivals such as Binance and OKX said they plan to withdraw. Kraken’s customer deposits in the country grew by 25% in the weeks following Binance’s announced departure in early May, according to data sent to CoinDesk from a Kraken representative. CoinDesk's Jenn Sanasie presents "The Chart of the Day."

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Crypto Exchanges Deciding Whether to Remain in Canada Amid Tightening Regulation

The Canadian Securities Administrators (CSA) has tightened its requirements for cryptocurrency exchanges operating in the country. "The Hash" panel discusses major exchanges including Kraken, Coinbase and Binance's responses to tougher rules from the regulators.

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Takeaways From Kraken's SEC Settlement

Andrew Keys, co-founder and president of DARMA Capital, discusses the key takeaways from Kraken's SEC settlement and what this means for the future of crypto staking services. "Now we at least know the rules of the game in what the SEC was taking issue with," Keys said.

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