Everything web3, crypto, defi, degen
In brief Illinois Governor J.B. Pritzker signed the Digital Assets and Consumer Protection Act (SB1797), giving regulators authority over crypto exchanges and mandating fraud safeguards. Pritzker also signed the Digital Asset Kiosk Act (SB2319), requiring ATM operators to register, cap fees at 18%, limit transactions, and refund scam victims. Illinois now has about 1,482 crypto…
In brief Privacy advocates call coin mixers a necessary tool for protecting anonymity. Government officials call coin mixers tools for money laundering. Billions in crypto have changed hands using coin mixers. Coin mixers have captured the attention of both the cryptocurrency community and regulators as the battle for privacy ramps up.In 2021, the founder of…
In brief Storm was found guilty of operating an unlicensed money transmitter. The jury could not reach a verdict on money laundering and sanctions evasion charges. Prosecutors have requested that Storm be remanded to prison, noting his connections to Russia. A Manhattan jury found Roman Storm guilty of a conspiracy to operate an unlicensed money…
In brief Pump.fun is a protocol that enables users to easily create meme coins on the Solana network. The platform has served as the launchpad for meme coins including Fartcoin, Peanut the Squirrel, Moo Deng and Chill Guy, as well as celebrity-endorsed meme coins. Pump.fun’s livestreaming feature has seen meme coin creators performing stunts on…
Our global headquarters is now officially in Cheyenne, Wyoming, affirming our commitment to U.S.-based crypto innovation. Renowned as a pioneer in crypto regulation, Wyoming is home to many forward-thinking policymakers and entrepreneurs who recognize the incredible potential of the technology. Wyoming’s commitment to innovation is both visible and extensive. The state has enacted over 30…
Every day, our dedicated security and IT teams successfully repel a wide range of attacks from various bad actors. From our years of experience, we know how vast the attack vectors of any major company are. And as we’re disclosing today, they can include unexpected areas, such as the company’s recruitment process. Our teams recently…
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…
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…
Simon Chemouil – Director of Engineering, Core Backend For more than two years now, Kraken’s Core Backend team has been using Rust to modernize services originally written in PHP, while building new products, expanding the feature set and supporting the ever expanding increase in cryptocurrency trading activity. Hi 👋! I’m Simon, the Director of Engineering…
August 27, 2014 | News Kraken sponsored two events that are part of the MIT Bitcoin Project. The first was for the MIT Bitcoin Club on July 29th. Dan Matuszewski, Director of Trading Operations at Kraken, talked to the club about how to trade bitcoins. The second event was round three of MIT Bitcomp. Bitcomp…
