Crypto Exchange Kraken Sees Revenue Surge
DailyHodl: @KrakenExchange reports 2024 revenue of $1.5B, doubling from 2023, with trading volumes hitting $665B and 2.5M funded accounts. #Update #Crypto (+6) ↗
DailyHodl: @KrakenExchange reports 2024 revenue of $1.5B, doubling from 2023, with trading volumes hitting $665B and 2.5M funded accounts. #Update #Crypto (+6) ↗
DailyHodl: @Pump_fun deposited $407M worth of $SOL to Kraken over the past year, with legal scrutiny from Burwick Law looming. #Update #Crypto $SOL (-6) ↘
Bitcoin.com: @krakenfx has relaunched onchain staking for U.S. clients, offering 17 crypto assets through Kraken Pro in 37 states and two territories amid evolving regulations. #Update #Crypto $BTC (+4) ↗
DailyHodl: @krakenfx launches a new onchain crypto staking program for US clients, allowing staking of $ETH, $SOL, and 15 other tokens after a two-year SEC-imposed hiatus. #Update #Crypto $ETH (+6) ↗
Hodl.Press: @KrakenFX reinstates staking services for U.S. clients in 39 states, offering 17 digital assets like $ETH and $SOL, following regulatory adjustments and limited insurance on staked assets. #Update #Crypto $ETH (+6) ↗
Marco Santori, chief legal officer at @krakenfx, has resigned after five years, transitioning to a senior advisory role amid speculation of joining the Trump administration. He praised regulators as “lovely people” during his announcement. #Breaking #Legal (+8) ↗
A crypto whale linked to Ethereum’s genesis block has sent 48,687 ETH, valued at $171.78 million, to @krakenfx in 2024, with only 7,594 ETH left to sell after years of unloading. #Breaking #Crypto $ETH (+8) ↗
@Binance and @Kraken lead $10M Series A for @Usual’s stablecoin, $USD0, now with a market cap of $1.5B and real asset backing. #Update #Crypto @Usual ↗ (+6)
Ethereum co-founder Jeffrey Wilcke transferred 20,000 $ETH, worth over $72M, to Kraken, raising community concerns. This adds to over $147M moved in 2024, prompting scrutiny over large $ETH outflows by key figures amid market competition.
? A Bitcoin whale awakens after 12 years, moving 109 BTC to Kraken with a $6.47 fee! With $BTC at $74K, is this a market twist or just a whale stretching its fins? ?? #Bitcoin #Crypto #Humor
Kraken cuts 15% of its workforce amid crypto shifts, while raking in $1B in revenue. With Arjun Sethi as co-CEO, it’s all about efficiency and innovation. Is this a crypto plot twist or just another Tuesday? #Humor
Kraken restructures, laying off 15% of staff and appointing Arjun Sethi as co-CEO. The move aims to streamline operations and boost innovation following the launch of their Ethereum-based layer-2 blockchain, Ink.
Kraken launches Ink, an Ethereum layer-2 network on the Optimism Superchain, to enable decentralized trading, borrowing, and lending. Testnet launches this year, with full deployment by Q1 2025. Ink strengthens Kraken’s DeFi position and enhances scalability.
Kraken is launching the Ink blockchain on Optimism without a native token by 2025, aiming to enhance DeFi speed and lower costs. This infrastructure-first approach could set a new trend in the crypto world. #Update