Judge rejects Kraken’s bid to challenge decision in SEC case
Kraken won’t get the chance to appeal a California District Court judge’s decision that found the SEC had adequately alleged it sold unregistered securities. Go to Source
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Tether, Kraken, Fabric Ventures back new MiCA-compliant stablecoins
Quantoz Payments has partnered with Kraken, Tether and Fabric Ventures to launch MiCA-compliant EURQ and USDQ stablecoins in the EU, aiming for secure, efficient digital payments. Go to Source
SEC seeks dismissal of Kraken defenses in ongoing legal dispute
The SEC argued that Kraken’s defenses about the major questions doctrine are a “due process fail as a matter of the law.” Go to Source
What is Ink: Kraken’s layer-2 DeFi bridge?
Learn how Ink by Kraken enhances DeFi with fast, low-cost transactions and secure cross-chain interoperability for a better decentralized experience. Go to Source
Kraken Completes 2024 Proof of Reserves, Verifying Over $21.5 Billion in Client Assets
Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant. This procedure allows clients to confirm that their account balances are fully backed by onchain assets. The latest attestation, which became available on November 1, 2024, covers a total value of over $21.5 billion in … Read more
Kraken Launches Licensed Broker Offering for Australian Wholesale Clients, Expanding Access to Crypto-Based Derivatives
Kraken has announced the launch of a licensed broker offering specifically designed for Australian wholesale clients, providing access to a range of crypto-based derivatives products. This new service allows eligible clients to manage risk and gain exposure to cryptocurrency price movements without the need to hold the underlying assets. The offering is backed by Kraken’s … Read more
Crypto Biz: Crypto industry faces fresh round of layoffs
This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders. Go to Source
Kraken restructures with new co-CEO, layoffs reported
Kraken hinted that its managerial structure would be reformed, without explaining the details. Go to Source
Bitcoin bulls ‘in control’ as long as price holds above $66.5K: Analysts
Bitcoin solidifying its position “above all key moving averages” suggests that bulls are “firmly in control” as long as the price holds above $66,500. Go to Source
Ethereum nodes on phones, Tether market cap tops $120B: Finance Redefined
Tether’s record market capitalization signals the potential start of the next bull run amid growing investor anticipation of a major Ethereum upgrade. Go to Source
