Kraken asks San Francisco court to intervene against IRS demands
Kraken has joined Coinbase in an effort to push back against the growing regulatory scrutiny by U.S. regulators. Go to Source Powered by WPeMatico
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Kraken receives virtual asset service provider authorization in Ireland ahead of MiCA vote
U.S.-based cryptocurrency exchange Kraken received its virtual asset service provider authorization from the Central Bank of Ireland. Go to Source Powered by WPeMatico
Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork
Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March 14, a total of 281,498 ether worth $592 million have … Read more
When levees break, liquidity flows — Analyzing Ethereum Shapella and liquidity staking derivatives
Volumes from the top five Ethereum staking platforms suggest holders are hedging against the unknown until after ETH withdrawals are enabled. Go to Source Powered by WPeMatico
Coinbase CEO says Bitcoin Lightning is ‘something we’ll integrate’
“Lightning is great and something we’ll integrate,” Armstrong said in response to an allegation that he was “ignoring” the network. Go to Source Powered by WPeMatico
Bitcoin white paper makes its F1 racing debut on Kraken-sponsored car
The Kraken logo on the car includes the entirety of the abstract and introduction of ‘Bitcoin: A Peer-to-Peer Electronic Cash System’, and has its next race in Australia. Go to Source Powered by WPeMatico
Back on track: Kraken inks F1 crypto sponsorship deal with Williams Racing
Kraken has inked a partnership deal with Williams Racing marking the first major return to F1 for crypto this year. Go to Source Powered by WPeMatico
Kraken to suspend Plaid withdrawals and deposits via ACH Silvergate
Joined the Silvergate Exchange Network back in 2019, Kraken is now looking for new ACH funding options. Go to Source Powered by WPeMatico
USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident
On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps involving USDC against wrapped ether, … Read more
Coinbase reiterates that staking services will continue, despite SEC crackdown
Despite the SEC looking to crackdown on supposed unregistered securities offerings via staking rewards programs, Coinbase has outlined that its services will continue. Go to Source Powered by WPeMatico