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The German Government has apparently transferred an additional 1,500 bitcoin, valued at nearly $95 million, to multiple cryptocurrency exchanges, including Bitstamp, Coinbase, and Kraken. This move, part of a series of transactions since June 19, has led to speculation about the government’s intention to liquidate some of its bitcoin holdings, originally seized in a large-scale … Read more
White hat hacking is a crucial component of cybersecurity, but it can come with controversy — as CertiK and Kraken recently illustrated. Go to Source
Crypto industry leader Jesse Powell has made a significant donation of $1 million, primarily in ethereum, to Donald Trump’s presidential campaign. In a social media post, Powell cited the crypto industry’s struggles with regulation under the Biden administration, specifically naming Elizabeth Warren and Gary Gensler as obstacles. Powell expressed optimism that Trump’s pro-crypto stance will … Read more
According to data from Arkham Intelligence, since Jun. 23, 2024, the German government has moved 820 BTC, valued at slightly above $50 million. A substantial portion of these funds was directed to the centralized cryptocurrency exchanges Kraken and Coinbase. Bitcoin Wallet Linked to German Police Stirs Concerns A bitcoin wallet, reportedly linked to the German … Read more
The U.S. Securities and Exchange Commission (SEC) is seeking a $102.6 million penalty from Ripple in the XRP case. Meanwhile, the Biden administration, along with Mark Cuban and Representative Ro Khanna, are preparing for a crucial crypto roundtable. A Bank of America report reveals that younger wealthy investors are increasingly favoring cryptocurrencies over traditional investments. … Read more
The ZK token dump led to a 34.5% price decline in the token $0.18 after it hit a high of $0.32 shortly after launching. Go to Source
In their motion to dismiss, Kraken’s lawyers disputed the legal theory that the exchange was an “ecosystem” for crypto asset securities. Go to Source
Certik has returned the funds to Kraken exchange, putting a happy end to the bug bounty-related saga. Go to Source
Kraken is planning to take legal action against security firm CertiK as the “white hat” operation by security firm turns into a legal blunder. Go to Source
Kraken has accused an unnamed security research firm of stealing $3 million from its treasury and attempting to extort more money. Nick Percoco said so-called white hat hackers failed to fully disclose the bug transaction details and have not made arrangements to return the stolen funds. White Hat Hackers Refuse to Abide by Rules The … Read more