Kraken Recovers $3M from CertiK, Concludes Bug Bounty Dispute

The crypto exchange Kraken has made up for lost money in a well-publicized bug bounty exploit incident.

The crypto exchange Kraken has made up for lost money in a well-publicized bug bounty exploit incident.

Key Takeaways Cryptocurrency exchange Kraken has stated that it has no plans” to delist Tether (USDT) in Europe . This development comes amid reports surfacing that the firm was “actively reviewing” the decision to remain legally compliant with MiCA. Mark…

Key Takeaways A group of state attorneys general has challenged the U.S. Securities and Exchange Commission (SEC) over its lawsuit against crypto exchange Kraken, contending that the SEC overstepped its jurisdiction. The state AGs argued that the SEC’s legal action…

Kraken has requested to dismiss a lawsuit from the US SEC from November, claiming that the case establishes a "dangerous precedent" for the agency's authority.

In a significant move to regulate the rapidly growing cryptocurrency sector, India’s Financial Intelligence Unit (FIU) has issued show cause notices to nine offshore Virtual Digital Assets (VDA) service providers or crypto exchanges for alleged violations of the Prevention of…

Key Takeaways Kraken, a major cryptocurrency exchange, is facing legal action from the U.S. Securities and Exchange Commission (SEC), which alleges that the platform operated as a securities exchange without obtaining the necessary registration. The SEC contends that Kraken commingled…

Key Takeaways In a strategic move to broaden its European footprint, United States-based cryptocurrency exchange Kraken has announced plans to acquire Coin Meester B.V. (BCM), a Netherlands-based cryptocurrency exchange. The announcement follows the European Union’s recent implementation of its Markets…

key takeaways: The recent request by the Internal Revenue Service (IRS) for Kraken, a prominent cryptocurrency exchange, to disclose user information has ignited a debate about privacy and regulatory oversight. The crypto community has expressed concerns about the potential erosion…

The IRS's request has been rejected by Kraken in an application to the federal court in San Francisco.

Three wallets connected to FTX and Alameda Research have reportedly transferred stablecoins valued $145 million.