Kraken is pressuring U.S. lawmakers to stop treating tiny crypto payments and staking rewards like a paperwork crime scene. The exchange wants Congress to modernize crypto tax rules with a de minimis exemption for small transactions and a better approach to staking income, arguing the current setup is a blunt, outdated mess. 56 million digital […]
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Kraken’s $550M Bitnomial Acquisition: A Bold Grab for U.S. Crypto Derivatives Control Payward Inc., the parent company behind the cryptocurrency exchange Kraken, has unleashed a game-changing move with its $550 million acquisition of Bitnomial, a Chicago-based crypto derivatives platform. This cash-and-stock deal, pending regulatory nods from the Commodity Futures Trading Commission (CFTC) and set to […]
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Payward’s $550M Bitnomial Acquisition: A Game-Changer for US Crypto Derivatives Payward, the parent company behind the heavyweight crypto exchange Kraken, has dropped a bombshell with its $550 million acquisition of Bitnomial, a Chicago-based crypto derivatives platform. Valuing Payward at a staggering $20 billion, this deal isn’t just a flashy headline—it’s a calculated strike to dominate […]
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Deutsche Börse Drops $200M on Kraken as UK Tackles Crypto Regulation Two major events are reshaping the cryptocurrency landscape: Deutsche Börse, a titan of German finance, has invested a staggering $200 million in Kraken, a leading crypto exchange, while the UK government has launched a public consultation to craft a regulatory framework for digital assets. […]
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Kraken’s Power Play: $550M Bitnomial Acquisition Sets Stage for IPO and Regulated Crypto Derivatives Kraken has just made a seismic move in the cryptocurrency exchange space by acquiring Bitnomial, a US-based crypto derivatives platform, for $550 million. Through its parent company Payward, Kraken is not only eyeing dominance in the regulated derivatives market but also […]
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Deutsche Börse’s $200M Kraken Investment: A TradFi-Crypto Power Play Deutsche Börse Group, a heavyweight in global financial markets, has just pumped $200 million into Payward, the parent company of U.S.-based crypto exchange Kraken. This isn’t just a flashy headline—it’s a seismic signal that traditional finance is no longer sitting on the sidelines of the digital […]
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Kraken’s IPO Filing: A Bold Leap for Crypto’s Mainstream Push Kraken, a titan among US-based cryptocurrency exchanges, has dropped a bombshell by confidentially filing for an initial public offering (IPO), as revealed by Co-CEO Arjun Sethi at the Semafor World Economy event in Washington, DC. This seismic move, paired with a hefty $200 million investment […]
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Kraken Security Breach 2025: Extortion Threat and a Defiant Stand Kraken, a titan among cryptocurrency exchanges, finds itself in the crosshairs of a criminal group wielding an extortion threat over unauthorized access to internal systems. Kicking off in February 2025, this incident has exposed not just a lapse in security but the gritty underbelly of […]
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Kraken Refuses Extortion Demands After Client Data Breach: “We Will Not Pay” Kraken, the second-largest cryptocurrency exchange in the US, has taken an unyielding stand against a criminal group demanding payment after two incidents of unauthorized access to client data since 2025. Chief Security Officer Nick Percoco has declared that the exchange will not cave […]
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Kraken Crypto Exchange Fights Extortion Over User Data Breach Kraken, a titan among cryptocurrency exchanges, is locked in a battle against a criminal organization attempting to extort the company by threatening to leak sensitive internal videos tied to client data. This high-profile incident, stemming from insider breaches, underscores both the vulnerabilities in centralized platforms and […]
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