Kraken


Policy

Kraken Seeks Jury Trial in SEC Lawsuit, Presents Defense Arguments

Binance and Coinbase also face similar allegations by the SEC of violating federal securities laws for failing to register as a broker, clearinghouse or exchange.

Screenshot from Kraken's promotional materials for its new wallet (CoinDesk/Kraken)

Markets

Bitcoin Bargain Hunters Active on Kraken and Coinbase, CCData Shows

Bargain hunters are active on Kraken and Coinbase, snapping up coins at perceived discounts as selling pressure from other exchanges keeps prices under pressure.

Sale (Markus Spiske/Unsplash)

Videos

SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will proceed to trial. Plus, Celsius' bankruptcy administrator paid out over $2.5 billion to creditors, and PayPal's stablecoin, PYUSD surpassed $1 billion in market cap.

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Policy

SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules

The federal regulator sued Kraken in California last year, alleging that the crypto company failed to register with the SEC as a broker, exchange or clearinghouse.

Kraken CEO and former COO David Ripley (Kraken)

Policy

Australia's Securities Regulator Wins Case Against Kraken's Local Operator

The Judge ruled that Bit Trade Pty Ltd. issued its financial product to retail clients without having first made a target market determination for the product.

Kraken logo on a phone. (PiggyBank, Unsplash)

Markets

Here's Why XRP Whales May Prefer U.S. Exchanges Over Offshore Venues

Order books on U.S. exchanges offer more liquidity than their offshore counterparts, according to CCData.

XRP's market depth on U.S. and offshore exchanges. (CCData)

Markets

Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken

Bitcoin cash led with a 7% decline, while Solana's SOL, Ripple's XRP and Cardano's ADA also dropped 4%-5% as the news of the Mt. Gox distribution weighed on sentiment.

Bitcoin price on July 23 (CoinDesk)

Finance

Crypto Exchange Kraken Paid Dave Portnoy Bitcoin in Sponsorship Deal

The Barstool Sports chief wouldn't buy at BTC's current prices, but he's "always" willing to take it as payment. "I believe in it that much."

Barstool founder and CEO Dave Portnoy (Michael Hickey/Getty Images)

Finance

Crypto Exchange Kraken Signs Sleeve Sponsorship Deal With Premier League Club Spurs

Last week, Kraken announced an equivalent deal with Spanish soccer team Atlético Madrid, meaning the company now has a presence in both England's Premier League and Spain's La Liga.

16:9 (Tottenham Hotspur/Kraken)

Videos

Kraken Considers Nuclear Energy for Data Centers; Biden's Odds of Dropping Out Jump on PolyMarket

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as crypto exchange Kraken considers using nuclear energy as a power source for its data centers. Plus, Nigeria's money laundering trial against Binance and two executives was adjourned until July 5. And, the odds that President Biden drops out of the race for the White House hit an all-time high of 60% on Polymarket.

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