Tag: Kraken

news-18102024-032316

Kraken Introduces kBTC Amid Growing Competition in Wrapped Bitcoin Market

Kraken recently launched a new product called kBTC in the wrapped Bitcoin market to keep up with the increasing competition. This new token, kBTC, is an ERC-20 token that is fully backed and cross-network...
news-17102024-151102

Kraken Launches Wrapped Bitcoin Token kBTC – Everything You Need to Know

Kraken, a well-known crypto exchange, has recently announced the launch of its own wrapped bitcoin token called kBTC. This token will be available on both the Ethereum and OP Mainnet, allowing users to trade,...

Even Though Washington dithers, Wyoming and other US states mine to Get crypto gold

While Wyoming was luring crypto businesses, such as Ripple Labs, New York's AG was bringing enforcement action against Bitfinex.The United States is divided politically these days into red states and blue states, and increasingly,...
news-31102024-011242

Kraken Announces Layoff and Appoints Tribe Capital Co-Founder as New Co-CEO

Kraken, a popular cryptocurrency exchange, recently made an announcement regarding significant organizational changes that have resulted in a round of layoffs. The purpose of these changes is to streamline operations, become more efficient, and...
news-30102024-111942

Attract Kraken’s L2 to Superchain with 25M OP Tokens: Optimism Foundation Strategy

Optimism Foundation recently made a strategic move to attract Kraken's L2 to the Superchain ecosystem by offering 25 million OP tokens as grants. This deal, confirmed by Ryan Wyatt, the chief growth officer at...
news-25102024-103638

Kraken Launches Ink: Ethereum Layer-2 Network for DeFi Expansion

Kraken, a well-known crypto exchange, has recently revealed its plan to dive into the world of decentralized finance (DeFi) with the launch of Ink, a new Ethereum layer-2 network. This network, based on the...
news-24102024-162956

Kraken’s Optimistic Move to ‘Superchain’ Joins Coinbase’s Base

Kraken, the 6th largest cryptocurrency exchange globally, announced its plans to launch a new layer-2 network on the Ethereum blockchain called Ink. This network is built on the OP stack, a toolkit that allows...
news-16102024-084743

Simplified Ethereum Restaking with Kraken’s EigenLayer Integration

Kraken has recently integrated EigenLayer to make Ethereum restaking easier for a wider audience. This move is seen as a way to increase the platform's total value locked (TVL), which has been declining. The...
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Establishing the Blockchain Security Standards Council: Kraken and Industry Leaders Collaborate

Kraken, along with other key players in the industry, has taken a significant step towards enhancing security within the crypto sector by co-founding the Blockchain Security Standards Council (BSSC). The non-profit organization aims to...
news-22062024-232312

Kraken Recovers Stolen Funds from Recent Whitehat Attack – CoinJournal

Kraken, a popular cryptocurrency exchange, recently faced a whitehat hack orchestrated by blockchain security firm CertiK. The hack exposed a vulnerability in Kraken's system, allowing individuals to artificially inflate their account balances. CertiK withdrew...