Kraken, a major crypto exchange, has put a hold on Monero (XMR) deposits because of a serious security issue with the Monero network. A single mining pool, Qubic, took control of over half the network’s computing power. Pulling off what’s called a 51% attack. This kind of attack lets the
In the second quarter of 2025, Kraken made $412 million. This was an 18% year-over-year growth for the cryptocurrency exchange, but a 13% quarterly loss. On the other hand, adjusted EBITDA fell to $79.7 million from $85.5 million, a decline of 7%. Although activity slowed quarter-over-quarter due to market volatility
The American cryptocurrency exchange Kraken is allegedly eyeing a possible initial public offering (IPO) and is seeking $500,000 at a valuation of $15 billion. In 2022, the corporation was valued at over $11 billion. Thanks to the previously announced legislative changes, Kraken is reportedly planning an initial public offering (IPO) as soon
In a world where cyberattacks are becoming increasingly sophisticated, Binance and Kraken have successfully fended off social engineering hack attempts, showcasing their cybersecurity resilience. Such incidents, as covered by Bloomberg, were phishing in nature, similar to the recent hacking at Coinbase. But due to active protection and swift internal action,
Deribit, the world’s largest crypto options exchange, is considering expanding into the United States, driven by a perceived shift toward a more crypto-friendly regulatory environment under President Donald Trump’s administration. According to a May 3 report by the Media House, Deribit CEO Luuk Strijers revealed that the Dubai-based platform is
A North Korean hacker applied for an engineering role at the crypto exchange Kraken. On May 1, Kraken posted, mentioning that it had identified a North Korean hacker applying for a job role in the company. However, the exchange did not contact the authorities or send the candidate away, instead,
Bunq, a neobank operating within 30 European countries, is spreading its services and will collaborate with Kraken to include crypto trading. Having over 17 million users in Europe, Bunq has planned to introduce a crypto trading service known as Bunq Crypto. The trading service will be offered in six European
The U.S. Securities and Exchange Commission has officially dismissed enforcement actions against Kraken, ConsenSys, and Cumberland DRW LLC. On March 27, the agency filed joint ASA stipulations for dismissal with prejudice regarding the cases. This means that the case cannot be refilled, which indicates a major regulatory shift. The SEC
Kraken is finally set to acquire NinjaTrader in a $1.5 billion deal, which will expand its presence in the U.S. crypto derivatives market. The acquisition will grant Kraken access to Ninja’sTrader’s 1.8 million retail traders and a more regulated pathway into crypto futures trading in the United States. With NinjaTrader’s
Crypto exchange giant Kraken, also known as Payward Inc, is preparing for going public in 2026. According to the latest Bloomberg report, the exchange is planning for an initial public offering (IPO) in the first quarter of 2026. The company representative maintains that plans may undergo adjustments before the scheduled
