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Crypto.com become the latest victim of the UK’s crypto advertising clampdown, following restrictions on the marketing endeavours of Coinbase, Kraken and others, last year. Go to Source Powered by WPeMatico
As 2022 begins, 13 different cryptocurrency exchange platforms have more than a billion dollars each in digital currencies held in reserves. Between all 13 trading platforms, the group of exchange platforms hold a whopping $165.25 billion worth of bitcoin, ethereum, and tether. 13 Crypto Exchanges Hold a Billion or More in Crypto Equalling Over $165 … Read more
The digital asset company Kraken announced it has acquired the non-custodial staking platform Staked for an undisclosed sum. While the sum of the purchase was not disclosed, the company claims that it was “one of the largest crypto industry acquisitions to date.” Kraken Acquires Non-Custodial Staking Firm Staked On December 21, Kraken announced that it … Read more
Following the ASA’s decision, Arsenal announced that it would appeal against it and stated that it had provided further information regarding financial risks. Go to Source Powered by WPeMatico
Kraken said its staking business had grown by more than 950% since the beginning of the year to reach $16 billion in November. Go to Source Powered by WPeMatico
The independent investment fund led by Kraken alumni that’s focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 million. Presently, the fund holds positions in platforms like Hashflow, Pstake, Acala, Blockdaemon, Anchorage, and Messari. Kraken Ventures Reveals $65 Million Fund I LP There’s been an enormous … Read more
The U.K. advertising watchdog has banned several cryptocurrency ads, including those by Papa John’s Pizza, Coinbase, Kraken, Etoro, and Luno. The authority says the ads are “misleading” and “irresponsibly taking advantage of consumers’ inexperience.” 7 Crypto Ads Banned by UK Authority The Advertising Standards Authority (ASA) banned seven cryptocurrency ads Wednesday. The ads are for … Read more
The ASA wants crypto firms to make it clear that past crypto rallies do not guarantee the same scenarios in future. Go to Source Powered by WPeMatico
In August, the CEO predicted that Bitcoin would trade “$100,000 plus a coin” late this year or early next year. Go to Source Powered by WPeMatico
As of December 12, around 90% of all the bitcoin that will ever exist is in circulation today, and the top five exchanges hold 1.6 million bitcoin. The bitcoin holdings on Coinbase, Binance, Huobi, Kraken, and Okex combined represent 7.96% of the 21 million bitcoin supply cap. The bitcoin held by Coinbase is a whopping … Read more