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Kraken
Kraken to Suspend ACH Deposits and Withdrawals Following Silvergate Shutdown
The exchange says no other services will be affected by this change.

USDC Stablecoin Depegs From $1; Circle Says Operations Are Normal
USDC/USDT dropped as low as 94 cents on Kraken, its lowest level since April 2021.

Weekly Challenge: The Digital Asset Power Hour
Financial professionals stand to benefit greatly from blocking off just one hour per week to learn about a digital asset, such as one of 500 included in CoinDesk's Digital Asset Classification Standard.

Kraken Pulling Back From Using Signature Bank: Bloomberg
Non-corporate clients will no longer be able to make dollar deposits or withdrawals using the crypto-focused bank, according to a report.

Centralized Exchange Scrutiny Will Spur Research of Decentralized Exchanges
Decentralized exchanges have an intriguing road ahead amid the wreckage of FTX.

Former Accounting Team of FTX US Auditor Armanino Sets Up Shop as The Network Firm
The episode highlights yet another chokepoint for the blockchain industry: It's become harder for crypto startups to enlist big accounting firms to do audits and asset attestations.

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.

DARMA Capital President on Future of Ethereum Staking
A surprise settlement between the U.S. Securities and Exchange Commission (SEC) and Kraken, a leading crypto exchange platform, raised existential questions for the future of “staking” on blockchains like Ethereum. Andrew Keys, co-founder and president of DARMA Capital, discusses the lessons learned from Kraken's SEC settlement. Plus, insights into what to expect from Ethereum's upcoming Shanghai upgrade.

Kraken’s Head of OTC Options Trading: Investors Are Still Interested In Crypto, Staking
“What we’ve seen is that the trading interest remains really strong both for proof-of-work networks as well as proof-of-stake networks,” Juthica Chou told “First Mover.”
