Kraken wins $22M arbitration against former auditor Mazars
The crypto exchange's parent company says Mazars' withdrawal from its 2022 audit caused millions in damages and tied the dispute to Operation Chokepoint 2.0.…
Crypto exchange Kraken is trying to become a bank in Europe
Kraken's focus is on Lithuania as the jurisdiction to secure the license, according to a person familiar with the plans. Source:CoinDesk
Kraken lets traders use tokenized stocks as collateral for leveraged trades
Eligible users can now use select tokenized stocks and ETFs as collateral for futures and margin trading without selling their holdings. Source:Cointelegraph
Coinbase, Kraken and OKX move to swoop up EU users affected by MiCA restrictions
Several exchanges that have already been authorized by EU regulators are attempting to bring in users from companies unlicensed under the Markets in…
Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation
The DeFi lender is rebuilding after the fallout from April's KelpDAO exploit sparked a multibilliondollar exodus of deposits despite Aave itself not being…
Kraken, Maple launch onchain warehouse facility for crypto-backed institutional loans
Kraken's new facility with Maple brings a traditional warehouse financing model onchain, allowing the exchange to expand its institutional crypto lending…
Kraken sues crypto derivatives firm PowerTrade over 'misappropriated' funds claim
PowerTrade changed Kraken’s positive balance of around $7 million to a $2 million deficit via a series of unauthorized “corrections” related to trades that had…
Perpetual futures could become crypto's next ETF moment
John Palmer, head of derivatives at Kraken, said he expects sophisticated traders to lead adoption of newly approved U.S. perpetual futures, with broader…
Crypto Biz: SpaceX fuels tokenization’s next boom
Tokenized RWAs surge despite crypto volatility, Kraken launches SpaceX IPO xStocks, prediction markets outpace onchain gambling and Sam BankmanFried seeks a…