Kraken Ventures to raise $100M in second fund with focus on ‘early stage founders’
The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support. Go to Source
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Dormant pre-mined Ethereum worth $116M resurrects after 8 years
During the pre-mine period, 61,216 Ether was worth roughly $20 million at the time. However, eight years later, the tokens are worth more than $116 million. Go to Source Powered by WPeMatico
Crypto headcount surges over 100% since 2019 despite implosions
While industry giants like Binance hire and lay off thousands of people, other crypto heavy-weights like Tether currently only have 60 employees. Go to Source Powered by WPeMatico
Kraken ordered by court to disclose user data to IRS for tax compliance
Kraken is required to provide details of users who engaged in transactions exceeding $20,000 within a calendar year. Go to Source Powered by WPeMatico
Kraken experiences delays in deposits and withdrawals amid gateway issues
Major crypto exchange Kraken identified an issue with crypto funding gateways, including BTC, ETH and ERC20, as users experience delays in deposits and withdrawals. Go to Source Powered by WPeMatico
‘Memepool’ full: Here’s how exchanges adjust Bitcoin withdrawal fees
Amid a spike in Bitcoin transaction costs, cryptocurrency exchanges are taking measures to serve their clients properly. Go to Source Powered by WPeMatico
To catch a scammer: Kraken builds fake crypto account to ‘bait’ fraudsters
A call-center scammer impersonating President Joe Biden attempted to steal what they thought was $450,000 worth of Bitcoin from a streamer — instead, chaos ensued. Go to Source Powered by WPeMatico
The Ethereum Foundation just sold $30M in Ether — But will ETH price fall this time?
Ethereum Foundation’s previous big sale of ETH preceded a bear market, but there’s little evidence that such sales affect the general market trend. Go to Source Powered by WPeMatico
SEC crackdown on crypto staking in the US could boost decentralization
Recent regulatory actions have crypto staking providers in the United States on edge. Go to Source Powered by WPeMatico
European Union pushes forward with first AI framework: Law Decoded, April 24–May 1
High-risk tools will not be banned entirely, though they will be subjected to stricter transparency procedures. Go to Source Powered by WPeMatico