Everything web3, crypto, defi, degen
In brief AI coding startup Cognition is closing a $300M+ funding round, rocketing its “autonomous coder” Devin to a $10 billion valuation. Devin wowed Silicon Valley with viral demos, but critics say it still flubs real-world coding and needs human help. Investors keep piling in as agentic AI hype grows—despite bugs, flops, and open questions…
In brief The Senate just released a discussion draft of its own crypto market structure legislation. The House passed a companion bill last week, dubbed the CLARITY ACT. The Senate’s version differs in some meaningful ways, but the aim is the same. And it directly impacts crypto startups and future token sales through ICOs. The…
In brief Ethereum has significantly outpaced Bitcoin in recent months, with a 67% gain against Bitcoin’s 18% in the last month alone. The gap between Ethereum and Bitcoin ETF inflows is converging, dropping from 45 times to just 1.6 in the past four months. Analysts anticipate Ethereum soaring past $8,000, driven by institutional adoption, regulatory…
In brief MicroStrategy’s $70 billion Bitcoin holdings are spread across 9 potential custodians including Coinbase, BitGo, and Fidelity, but the exact distribution remains confidential under SEC Rule 83. Coinbase and MicroStrategy set stock records this week as crypto markets surge, though MicroStrategy has since pulled back while Coinbase keeps rising. Multiple companies launched or grew…
Financial fraud has been a part of transactional business since the dawn of transactional business. If you were unfortunate enough to have been on the other side of an insurance deal with Hegestratos, he would have had you insure the corn cargo on his ship – then removed the corn, sold the corn, sank the…
The end of the year is a great time to reflect on and celebrate key milestones and events from the past 12 months – both for crypto, and for our community. In 2021, Kraken charged ahead in pursuit of our mission: to accelerate the adoption of cryptocurrency so that you and the rest of the…
Kraken is thrilled to announce that we have acquired Staked, an infrastructure platform that allows for secure, cost-effective, and non-custodial crypto staking. One of the largest deals in the history of crypto, this acquisition perfectly complements our existing custodial staking offering, enabling all of our clients to earn rewards on their crypto while retaining complete control over their digital assets.…
December 30, 2019 | Uncategorized Check out all the important happenings of the past week in the world of crypto, brought to you by the experts at Kraken. This digest is prepared for informative purposes only and does not represent an investment recommendation or investment advice. Please see our full disclaimer at the bottom for…
Kraken Lands Five Big Hires By far the most important part of Kraken’s infrastructure is the people. As we continue to work through a period of exponential growth, the main challenge is to expand our team with great people aligned to our vision of delivering the best exchange experience in the industry. We’d like to…
Kraken is pleased to announce the acquisition of the popular charting and trading platform Cryptowatch (https://cryptowat.ch) – used by thousands of traders to chart over 150 markets in real-time and trade up to 22 digital assets through a highly user-friendly interface. Cryptowatch has seen rapid growth in the past two years, increasing its active user-base…
