Everything web3, crypto, defi, degen
In brief An Department of Justice investigation into Kraken co-founder Jesse Powell has been dropped, he said. Feds had raided Powell’s home back in 2023 and seized dozens of devices belonging to him. Powell said on X that the investigation never made sense to him. The U.S. Department of Justice has dropped an investigation into…
By Arjun Sethi, Kraken co-CEO Kraken was founded in 2011 with a clear vision: Build the most secure, reliable and accessible crypto exchange in the world. Our founders, Jesse Powell and Thanh Luu, started the company with a relentless focus on product, execution and long-term impact. At the time, Mt. Gox was on the verge…
December 16, 2024 | News We have entered into an agreement with FTX Trading Ltd. (“FTX”) and its affiliated debtors (the “FTX Debtors”) to assist in distributing recoveries to retail customers in supported jurisdictions in accordance with the U.S. bankruptcy court-approved FTX Chapter 11 Plan of Reorganization. To ensure clients receive funds when distribution starts,…
By Pranesh Anthapur, Kraken Chief People Officer While other companies struggle with return-to-office (RTO) mandates, it’s remote-first business as usual at Kraken. We’re building a borderless financial future in more ways than one. Our vision demands a workforce as free and flexible as the crypto we champion. We empower our employees (Krakenites) to shape their own…
In 2011, we embarked on a quest with a simple yet ambitious mission: to accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion. It was the dawn of a commitment to security, innovation and transparency. Today, we stand tall as one of the largest,…
April 27, 2023 | News We’ve come a long way since Kraken announced its leadership succession plan last September. This week Dave Ripley will officially start as Kraken’s CEO, while outgoing CEO and co-founder Jesse Powell will move into his new role as Chairman of the Board. Over the last few months, the leadership team…
Accomplished fintech investor bolsters company’s advisory team Jan. 11, 2022 – SAN FRANCISCO – Kraken, one of the world’s leading crypto platforms, today announced the appointment of Dan Ciporin to its board of directors as an independent member. Dan brings a wealth of experience and insight directly applicable to the next phases of Kraken’s evolution.…
There has never been a dull moment in crypto, and this year was no exception. In 2022, Kraken celebrated 11 years of our mission to accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion. It’s been quite a ride. Our singular focus on this…
The most secure and seamless trading experience for non-fungible tokens SAN FRANCISCO – December 22, 2022 – Kraken, one of the world’s largest and most-trusted digital asset platforms, is excited to announce the public beta launch of Kraken NFT, the marketplace for collectors to explore, discover and securely trade NFTs. Following today’s earlier launch of…
Today we’re announcing one of the hardest decisions at Kraken to date. We’re reducing our global workforce by approximately 1,100 people, or 30 percent, in order to adapt to current market conditions. We are extremely grateful for the contributions of those impacted by today’s announcement and we’ll do our best to help them transition to…
