Kraken Becomes Official Crypto Partner of Atlético de Madrid
Kraken partners with Atlético de Madrid, becoming their Official Crypto and Web3 Partner starting in 2024, integrating sports and crypto opportunities. Kraken, a cryptocurrency exchange, declared its partnership with Atlético de Madrid, one of Spain’s most iconic football clubs, on Wednesday. Kraken will serve as the Official Crypto and Web3 Partner and the Official Sleeve […]
Jesse Powell Donates $1M in Ether to Trump’s Campaign
Jesse Powell, the co-founder of Kraken, disclosed on X that he donated $1 million, primarily in Ether, to Donald Trump’s 2024 presidential election campaign. Powell underscored his endorsement of Trump, the sole major party candidate currently advocating for pro-crypto policies. “I am excited to join other leaders from our community to unite behind the only […]
Kraken Recovers $3M from Certik Following Bounty Fiasco
Nick Percoco, Kraken’s chief security officer, said the Crypto exchange recovered the money stolen due to a technological fault. Percoco said on X on June 20 that the exchange had successfully recovered the monies. The security research firm engaged in the incident was named Certik in previous disclosures, albeit the Kraken CSO did not specify […]
Oral Arguments For Kraken Vs. SEC Begin; Here’s Everything
Oral arguments between the Kraken vs. SEC case commence over claims of running as an unregistered exchange and broker-dealer. Oral arguments regarding Kraken’s motion to dismiss the case initiated by the U.S. Securities and Exchange Commission (SEC) are scheduled for 1 PM ET/10 AM PT today. The SEC accuses Kraken of operating as an unregistered […]
CertiK Uncovers Kraken Exploit, Alleges Threats from Exchange
CertiK revealed it identified a $3 million Kraken exploit and claimed Kraken threatened them after reporting the issue. CertiK, a blockchain security firm, has disclosed that it is the “security researcher” that Kraken, a cryptocurrency exchange, claimed misappropriated $3 million in digital assets. CertiK disclosed an exploit that had enabled it to withdraw millions of […]