Everything web3, crypto, defi, degen
In brief The White House unveiled new tariffs on Thursday. A cooler-than-expected jobs report pointed to a tepid labor market. Odds of a September rate cut surged to 83% from 37%. The price of Bitcoin and other cryptocurrencies wavered on Friday as investors weighed the White House’s latest round of tariffs against fresh signs of…
Kraken is in build mode. We are creating a multi-asset platform that enables anyone to trade anything, anytime, anywhere. In Q2, our pace accelerated — new products launched, global access expanded and infrastructure scaled. We are pushing the envelope on geo expansion and establishing ourselves as the infrastructure provider that will power the next generation…
In brief ASIC has accused Bitget of offering unlicensed crypto futures to Australians, lacking an AFS licence and bypassing investor protections. Bitget’s products offer up to 125x leverage, far above ASIC’s 2:1 limit, exposing users to major financial risks, ASIC said. Global regulators have issued similar warnings since 2022, with actions taken in Spain, Japan,…
In brief MEI Pharma is establishing a litecoin treasury after closing a $100 million private placement. The pharmaceutical company is adding Litecoin Foundation founder Charlie Lee to its board of directors. Litecoin was trading at $113.35, down more than 4% over the past 24 hours. MEI Pharma, a publicly traded pharmaceutical company, closed a $100…
In brief Canadian Bitcoin miner Bitfarms has announced a stock buyback program. The company’s stock price jumped on the news, rising by nearly 14% as of this writing. Bitfarms snapped up Stronghold Digital Mining in March as a part of a venture into the AI world. Bitcoin miner Bitfarms’ stock surged Tuesday after the Canadian…
We’re thrilled to announce that Kraken ranked #2 globally in Kaiko’s Q2 2025 Exchange Ranking, up from our #3 spot in Q1. This advance reflects what our global community already knows: We aren’t just one of the world’s leading crypto exchanges, we’re a platform that’s constantly improving, evolving and pushing the industry forward. Kaiko’s exchange…
BTC STEADY, ROBINHOOD CRYPTO ANNOUNCEMENT TODAY, S&P 500 ATHBTC steady ahead of jobs data, trade deal news. Robinhood to make crypto announcement today. ARB leads altcoins on Robinhood rumours. BTC is great, it takes pressure off USD: Trump. Should have up to 40% allocation to crypto: Edelman. Metaplanet buys $108m BTC. Vanadi Coffee plans to…
As crypto adoption accelerates, financial infrastructure providers are racing to enable access to digital assets, while avoiding the complexity of building in-house trading infrastructure. Kraken Embed solves this by delivering a Crypto-as-a-Service (CaaS) solution that allows banks, fintechs and financial platforms to integrate regulated crypto trading through a single, compliant and scalable API. Kraken and…
We’re excited to announce that Kraken has officially obtained a Restricted Dealer registration in Canada, reaffirming our commitment to serving Canadian crypto investors while adhering to enhanced investor protection guidance for crypto exchanges. We’re also excited to welcome Cynthia Del Pozo as our new General Manager for North America. Cynthia will lead Kraken’s next phase…
By Jonathan Jachym, Kraken Global Head of Policy and Government Relations Just weeks ago, I had the privilege of testifying before the U.S. House Financial Services Subcommittee on Digital Assets. It’s difficult to overstate the magnitude of the opportunity we now have to finalize U.S. market structure legislation and create a clear regulatory framework for…
