Kraken Archives - Cryptotimes Africa

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Kraken joins crypto exodus with 15% layoffs

by Terry Kunle October 31, 2024

Kraken reportedly fired 15% of its workforce, according to two individuals with insider knowledge, as reported by a New York Times journalist. This week, Kraken exchange joined fellow crypto startups Consensys and DYDX in downsizing its headcount. The San Francisco-based firm welcomed a new…

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Vitalik Deposits 400 ETH to Coinbase, Total 2421 ETH Sent to Multiple CEXs in 10 Days

by Crypto Oracle September 25, 2023

Ethereum co-founder Vitalik Buterin has reportedly transferred 400 ETH to Coinbase, worth $632,000, resulting in a total transfer of $3.94 million worth ETH to various crypto exchanges in September alone. Data from blockchain analytics firm Spot on Chain revealed that the transaction took place at…

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Kraken Ordered to Turn Over Its Users’ Information to the IRS

by Terry Kunle July 1, 2023

Cryptocurrency exchange Kraken has been ordered by a judge to provide a wide swath of information about its users to the Internal Revenue Service for the agency’s investigation of underreported tax liability. Bloomberg reported that the IRS has said it wants information on Kraken accounts that…