Kraken


Videos

Strike Raises $80M; Bitmain Founder Reportedly Setting Up $250M Fund for Distressed Bitcoin Mining Assets

Strike, a Chicago-based bitcoin payment provider run by crypto entrepreneur Jack Mallers, raised $80 million in a Series B funding round led by Ten31. Crypto billionaire Jihan Wu, founder of bitcoin mining rig maker Bitmain, is reportedly setting up a $250 million fund to buy distressed assets from mining firms.

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Crypto Execs From Celsius, Kraken, FTX.US Step Down From Roles

Celsius CEO Alex Mashinsky, Kraken CEO Jesse Powell, and FTX.US President Brett Harrison are all stepping down from their roles amid crypto winter. U.S. Regulatory Reporter Cheyenne Ligon discusses what we know so far and what this may reveal about the state of the industry.

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Jesse Powell to Step Down as Kraken CEO; Satoshi Trial Reaches Conclusion

Kraken co-founder Jesse Powell is planning to step down as CEO of the company and current COO Dave Ripley will take over his position. Plus, the latest legal developments as the trial between Hodlonaut and Craig Wright reaches its conclusion in an Oslo court.

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Kraken CEO Condemns Tornado Cash US Sanctions

Jesse Powell, CEO of crypto exchange Kraken, has criticized the U.S. Treasury department's blacklisting of crypto mixer Tornado Cash, saying it's "unconstitutional." "The Hash" team digs into Powell's comments and the potential limits of outdated U.S. securities law.

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Binance and Kraken Stick to Hiring Plans Amid Market Volatility

While many crypto companies likes Coinbase have laid off employees amid the recent market downturn, Binance and Kraken are tweeting about their plans to continue hiring. “The Hash” discusses the rivalries at play, along with Binance CEO Changpeng Zhao’s latest comments at Consensus 2022.

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The Significance of Kraken’s Potential Fed Master Account

Kraken Bank, a subsidiary of crypto exchange Kraken, recently received a routing number from the American Bankers Association as part of its efforts to eventually establish as a regulated bank. “The Hash” hosts discuss how this announcement relates to Kraken’s appointment of a new CFO and possible IPO rumors. 

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Kraken One Step Closer to Becoming an Official Bank

CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses a recent update on Kraken’s ongoing quest for a Federal Reserve Master Account, which would give them the same access to the global payment system as traditional banks. Plus, a conversation on how Kraken benefits from Wyoming’s unique regulatory framework for the banking industry. 

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Kraken Brings in New CFO, Possible IPO?

Crypto exchange Kraken has brought Carrie Dolan on as a new CFO. Dolan managed Lending Club’s initial public offering in 2014. “The Hash” team discusses if Kraken might follow Coinbase's lead and seek going public. Plus, the importance of exchanges in the crypto ecosystem. 

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U.S. House of Representatives Bracing for $1T Infrastructure Bill Vote

CoinDesk’s Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest on the $1 trillion bipartisan infrastructure bill and its potential impact on crypto. Plus, his views on Kraken’s $1.25 million settlement with the CFTC, which accused the crypto exchange of offering margin lending products without the proper licensing.

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