A former employee’s actions did not cause ‘damage or loss, in any amount’ to the exchange.
The Kraken exchange for cryptocurrency was founded in 2011 and is headquartered in San Francisco. The platform, in collaboration with other exchanges, is about to launch the World’s First Cryptocurrency Bank. Everyday, Kraken is rated between 5th and 7th in terms of trading volume. The advantage of this cryptocurrency exchange platform is that it accepts fiat currencies. Fees are included in every transaction and, depending on the amount, they are relatively larger than other exchanges. Also, the system has 56 currency pairs, which is very convenient due to the fact that all common currencies are available. Logging in to the system has two-factor authentication and, more than that, the platform offers from one to five factors of verification, which depends on what limit of withdrawal is necessary. But there are some problems that appear since a user is not allowed to trade without getting absolutely verified. Currently, Kraken has spread through Canada, EU, US and Japan.
New developments at the state level in the U.S. defined this week's regulatory news.3675
Avanti CEO and Kraken Financial Managing Director discuss Wyoming's progressive steps in blockchain regulation5357
Kraken predicts that Bitcoin will produce a negative performance for September before returning to ‘aggressive volatility’12789
When it comes to transparency, the Electric Frontier Foundation minces no words — Kraken good, Coinbase bad.3915
A combination of frightening macro phenomena and Bitcoin strength spells bullish for Kraken’s Dan Held.17324
After record strength in the Bitcoin markets at the end of July, Kraken is predicting that BTC could see price gains of up to 200% over the coming weeks and months.20003
A panel of known Ethereum investors and influencers discussed decentralization and the value of the total value locked in DeFi.5004
U.K. fintech giant Revolut makes crypto available to its users in 49 states following significant delays.3041
A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility.6720
Ledger’s hardware wallet was briefly vulnerable to two kinds of attacks, but the company took preventive action.6976
Kraken CEO Jesse Powell told Bloomberg in a recent interview that Bitcoin would surpass gold as a store of value in the long term.10726
Kraken has launched support for trading and funding in AUD six months after acquiring veteran Australian crypto exchange Bit Trade.5014
Crypto exchanges such as OKEx, Binance, Huobi, Kraken and Bitmex outline the key challenges they face in pushing to establish global operations.16229
Coinbase CEO Brian Armstrong is one of many crypto executives who prefers writing a blog to answering questions from mainstream journalists.8126