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Kraken has introduced a new wrapped Bitcoin product, kBTC, to tap into the rapidly expanding sector, according to an Oct. 17 statement.
kBTC is a fully-backed, cross-network-compatible ERC-20 token representing Bitcoin.
According to Kraken, kBTC reinforces Bitcoin’s position as the “epicenter of crypto” and empowers developers to explore new ways to use BTC.
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Crypto exchange Kraken announced its successful integration with EigenLayer, enabling its users to restake Ethereum (ETH) directly from the platform, according to an Oct. 15 press release.
The partnership aims to simplify restaking, making it more accessible to a broader range of users.
Former Alameda Research CEO Caroline Ellison agreed to settle a case with FTX, which would apparently see her turn over everything she has left.
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According to crypto exchange Kraken, almost 60% of the over 1,000 surveyed crypto investors use DCA as their main investment strategy.
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The crypto exchange is expanding its offerings in Bermuda as the US SEC goes after it on its home turf.
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Kraken Exchange’s decision to delist Monero (XMR) sent shockwaves across the cryptocurrency space. Trading and deposits for Monero in the European Economic Area (EEA) will be shut off before the end of October, 2024. Increasing regulatory scrutiny was cited as a reason for the move.
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Kraken has announced its decision to end support for Monero (XMR) in the European Economic Area (EEA) by the end of October, according to an Oct. 1 statement.
The exchange explained that this decision was due to the recent regulatory shifts in the region.
Crypto analysts say a daily close above $65,000 would confirm “bullish momentum,” but a possible reversal still can’t be ruled out.
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Kraken has announced its acquisition of Coin Meester (BCM), one of the Netherlands’ oldest registered crypto brokers, according to a Sept. 24 statement.
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The acquisition of the Dutch broker firm is a key part of the exchange’s European expansion strategy ahead of the MiCA regulation.
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An investor turns a $151.42 million Ether investment into $214.34 million during a two-year bear market by following the hodl strategy.
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