Archive | Kraken

Bulgaria to Monitor Crypto Market with Focus on Regulatory Steps

Bulgaria has announced that it is to begin monitoring cryptocurrency and ICO activities in the country through its government watchdog, according to Cryptovest. The focus of Bulgaria’s Financial Supervision Commission (FSC) will be securing a safeguard against illegal activity such as money laundering and fraud connected with cryptocurrency. As reported in Bitcoin News over the […]

Kraken Hints at Adding Coins with Mysterious Tweet

Even though Kraken is one of the older exchanges in the cryptocurrency world, it too needs to innovate and add more currencies. While it remains unclear if it will do so, the company’s most recent tweet has sparked considerable debate on this topic. It is possible all of this is just one big joke, though. […]

Unusual Activity Suggests Tether Trading on Kraken Is Being Manipulated: Report

Three weeks after a University of Texas professor published a report alleging that Tether and Bitfinex had manipulated the price of Bitcoin all throughout 2017, a new report has emerged that questions the stablecoin’s trading pattern on Kraken, an American crypto exchange. The report was published on Bloomberg and included research and analysis by some […]

Kraken Claims Bloomberg is Manipulating Bitcoin Futures Market

Crypto exchange Kraken has responded to a recent article by Bloomberg that argues Tether (USDT) is being manipulated on their exchange. Kraken took a dig at the article’s complex headline and insinuated that the article was written to have an effect on the price of futures trading. Kraken Swipes at Bloomberg Four Bloomberg reporters claimed… […]

Kraken Goes Savage Against Tether Manipulation Allegations

Following a Bloomberg News expose, alleging market manipulation of controversial alternative token Tether (USDT) on its exchange, Kraken fires off a savage blog post mocking journalists and defending their business’ integrity. Also read: Red Flag Waved in Tether’s Relationship with Kraken Exchange Kraken Goes Savage On Bloomberg On Tether: Journalists Defy Logic, Raising Red Flags […]

Two of Russia’s Largest Banks to Offer Crypto Trading in Six Top Coins

Two of Russia’s largest banks, Alfa Bank and Sberbank, will soon be offering clients access to cryptocurrency portfolios that will permit the trading of six popular coins on major exchanges Kraken and Bitstamp. Crypto Trading Portfolio Alfa Bank is the largest private bank in Russia, while Sberbank is state-owned and is responsible for processing government employee… […]

South Korean Exchange CoinRail Suffers Major Hack

Sources over the weekend suggested that South Korea Cryptocurrency platform CoinRail had been hacked, a fact that was confirmed on its website this morning, according to Reuters. CoinRail’s statement explains that its system suffered a “cyber intrusion” on Sunday causing a loss of 30% of its traded coins. Sources speculate that the amount stolen might be […]

US Regulators Subpoena Coinbase, Kraken and Bitstamp in Bitcoin Probe

The US Commodity Future Trading Commission (CFTC) has subpoenaed Coinbase, Kraken, Bitstamp, and ItBit in an ongoing Bitcoin manipulation probe started last month, reports Coingape. It is thought that the investigation has been initiated due to the distorted prices in the futures market. Coinbase is one of the world’s major cryptocurrency exchanges with Kraken in 24th position […]

$15 Billion Shed in Two Hours in Bitcoin, Crypto Markets Overnight Flash Crash

Over Saturday night on 10 June, Bitcoin and crypto markets dipped significantly, with Bitcoin shedding USD 300 in just over an hour, writes Inside Bitcoins. The sideways market which has endured for some weeks finally came to an end when the mini-crash wiped out USD 15 billion off cryptocurrencies in a couple of hours. The current […]

Two Thirds of US, EU Crypto Exchanges Fail to Verify Customer Identities

Analyst P.A.ID Strategies has revealed the results of research into the on-boarding practices of cryptocurrency wallets and exchanges across the U.S. and Europe, research that focused on which of these crypto service providers are using Know Your Customer (KYC) checks when on-boarding customers. These companies might have to change their protocols when the EU’s anti money… […]

Kraken Donates $1 million to Coin Center, Backing Blockchain Research

Cryptocurrency exchange Kraken donated $1 million to Coin Center and pledged they will match donations made up to $1 million. After slamming a fact-finding inquest into crypto-exchanges, this shows their support for research designed to help regulators. Kraken Backs Blockchain Think Tank Executive Director of Coin Center, Jerry Brito, made the surprise announcement at the… […]