Crypto exchange Kraken had just admitted that they are being extorted by a criminal group threatening to release sensitive customer data if the exchange refuses to comply with their demands.

US crypto exchange Kraken has secured a limited-purpose master account from the Federal Reserve Bank of Kansas City, giving its banking unit direct access to the Fed’s core payments infrastructure in what marks a first-of-its-kind breakthrough for the digital asset industry.

Kraken has officially launched the Krak Card, a Mastercard crypto debit card for residents living in the EU countries and the United Kingdom. The Krak card would allow users to spend more than 400 cryptocurrencies and fiat currencies seamlessly.

Neobank giant Revolut has reached a stunning $75 billion valuation following a private share sale backed by some of the world’s largest investment firms — a milestone that cements its position as one of the highest-valued fintech companies globally.

Pump.fun has secretly transferred more than $436 million worth of USDC to cryptocurrency exchange Kraken following a market meltdown that has resulted in a record $19 billion market crash, throttling retail speculation and sharply reducing activity across memecoin ecosystems.

Kraken co-CEO Arjun Sethi has sharply criticized the United Kingdom’s latest crypto regulations, accusing UK regulators of deliberately harming the crypto market through its unnecessary regulations which is creating barriers for users to buy or trade digital assets.

Crypto exchange Kraken is moving beyond lobbying and into full-blown political action, pledging $2 million to pro-Trump political committees in a bold attempt to shape the rules that will define the future of digital assets.

Kraken is making a bold move into artificial intelligence with its acquisition of Israel-based Capitalise.ai, a no-code trading automation platform that transforms natural-language commands into executable strategies.

Crypto exchange Kraken is inviting its community to help name the new mascot for Ink, its Ethereum Layer 2 network.

The US DOJ has seized $7.74 million laundered by North Korean operatives who used stolen US identities to secure remote blockchain jobs and bypass KYC checks. The funds were funnelled back to support the regime’s weapons programme.