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Kraken To Introduce Its Own Blockchain in 2025

Kraken, one of the oldest cryptocurrency exchanges in the world, has announced that it will be introducing a blockchain in the early part of the next year. Kraken , one of the earliest cryptocurrency exchanges in the world, is set to introduce a blockchain in the early part of the following year. The blockchain, referred […]

Kraken Releases Wrapped Bitcoin kBTC To Boost BTC Adoption

Kraken Releases Wrapped Bitcoin kBTC To Boost BTC Adoption

Kraken launches Wrapped Bitcoin (kBTC), an ERC-20 token entirely backed by Bitcoin, to increase adoption and utility on decentralized finance (DeFi) platforms. Kraken, a leading crypto exchange, has recently introduced Wrapped Bitcoin (kBTC), a new ERC-20 token, generating optimism in the market. This token aims to expand Bitcoin’s utility by allowing it to be used […]

Kraken to Delist Monero for Clients Registered in Europe

Kraken to Delist Monero for Clients Registered in Europe

Kraken will delist Monero in the European Economic Area and stop accepting deposits or trading of XMR because of legal developments.  Due to changes in regulations, the cryptocurrency exchange Kraken, based in the United States, plans to delist Monero from the European Economic Area. Kraken said on its blog that, as of October 31 at […]

Mt. Gox Wallets Move $2.85B in Bitcoin

Mt. Gox Wallets Move $2.85B in Bitcoin

Earlier this year, Mt. Gox began compensating customers via platforms like Kraken, Bitbank, and BitGo, which had already impacted Bitcoin’s price. Mt. Gox has transferred a significant portion of its Bitcoin holdings. Speculations have arisen as a result of this event, suggesting that the bankrupt cryptocurrency exchange may be considering the possibility of making Bitcoin […]

Kraken Acquires Dutch Broker BCM in European Expansion

Kraken Acquires Dutch Broker BCM in European Expansion

This strategic move expands Kraken’s operations across Europe, granting it a license to operate as a registered VASP in both France and Poland. Kraken has made another strategic acquisition to accelerate the company’s expansion throughout Europe. Kraken Acquires BCM The cryptocurrency exchange has announced the completion of its acquisition of Coin Meester (BCM), one of […]