Ethereum price sees new low versus Bitcoin since switching to Proof-of-Stake
Ethereum spot ETF request, Ripple’s potential win against the SEC, and growing decentralized app dominance retain hope for ETH investors. Go to Source
Kraken
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Australian regulator sues crypto exchange over margin trading product
The regulator alleged that Bit Trade — which is the provider for Kraken in Australia — did not make a target market determination before offering its margin trading product to Australian customers. Go to Source
Strict Canadian crypto exchange rules allowed Kraken clarity to invest there, exec says
Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway. Go to Source
Kraken Ventures to raise $100M in second fund with focus on ‘early stage founders’
The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support. Go to Source
Dormant pre-mined Ethereum worth $116M resurrects after 8 years
During the pre-mine period, 61,216 Ether was worth roughly $20 million at the time. However, eight years later, the tokens are worth more than $116 million. Go to Source Powered by WPeMatico
Crypto headcount surges over 100% since 2019 despite implosions
While industry giants like Binance hire and lay off thousands of people, other crypto heavy-weights like Tether currently only have 60 employees. Go to Source Powered by WPeMatico
Kraken ordered by court to disclose user data to IRS for tax compliance
Kraken is required to provide details of users who engaged in transactions exceeding $20,000 within a calendar year. Go to Source Powered by WPeMatico
Kraken experiences delays in deposits and withdrawals amid gateway issues
Major crypto exchange Kraken identified an issue with crypto funding gateways, including BTC, ETH and ERC20, as users experience delays in deposits and withdrawals. Go to Source Powered by WPeMatico
‘Memepool’ full: Here’s how exchanges adjust Bitcoin withdrawal fees
Amid a spike in Bitcoin transaction costs, cryptocurrency exchanges are taking measures to serve their clients properly. Go to Source Powered by WPeMatico
To catch a scammer: Kraken builds fake crypto account to ‘bait’ fraudsters
A call-center scammer impersonating President Joe Biden attempted to steal what they thought was $450,000 worth of Bitcoin from a streamer — instead, chaos ensued. Go to Source Powered by WPeMatico
