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The Latest Breaking News from Kraken

FBI drops probe of Kraken founder, returns dozens of seized devices

The FBI raided Jesse Powell's home after an arts non-profit falsely accused him of hacking.

Fortune

Trump Family Crypto Business Nabs $26 Million Profit From Quarter-Billion Ethereum Stake

Donald Trump family’s primary cryptocurrency venture, World Liberty Financial (WLF), has seen its Ethereum (CRYPTO: ETH) investment balloon to a staggering $251 million, leading to a paper profit of $26 million.

Benzinga

Is Etherium Price About To Overtake Bitcoin? Here's What To Consider Before Buying

Ethereum's price has surged 23% this month, driven by institutional adoption and the strong performance of Bitcoin. However, market indicators hint at potential overheating.

International Business Times UK

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JPMorgan Chase’s new fees for data could ‘cripple’ crypto and fintech startups, executives warn

Kraken Co-CEO Sethi calls JPMorgan fees a toll that limits what can be built.

Fortune

Diane Brady talks to economist Nouriel Roubini, Carlyle's David Rubenstein, and Kraken's Arjun Sethi

Also: All the news and watercooler chat from Fortune.

Fortune

Kraken Acquire Veteran Forward in Pre-Draft Trade With Wild

The Kraken add some veteran depth in exchange for a mid-round pick.

Sports Illustrated

A growing number of Fortune 500 companies are pursuing ‘blockchain initiatives’ as crypto goes mainstream

A surge of interest in crypto has led X, Apple, Meta and Google to consider integrating stablecoins.

Fortune

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Justice Department moves to confiscate $7.7 million of allegedly stolen crypto as North Korean IT workers infiltrate U.S. companies

The funds were initially frozen in connection with a 2023 indictment of an alleged North Korean agent.

Fortune

Kraken Name Ex-Islanders Boss Lane Lambert New Head Coach

Seattle will turn to its third coach in three years.

Sports Illustrated

Marco Rossi Destinations: Five NHL Teams That Should Trade for Wild Forward

The Minnesota Wild and Marco Rossi could be headed towards a divorce, and these five teams should be ready to pounce if he's made available.

Sports Illustrated

A North Korean agent applied for a job at a popular crypto firm: They tripped him up with a simple question about Halloween

A network of North Korean operatives is trying to get access to American companies.

Fortune

Kraken debuts service that lets fintechs and banks offer crypto trading

The white-labeled service will give Kraken access to more users.

Fortune

Kraken to Fire Head Coach Dan Bylsma After Just One Season

Dan Bylsma's time as head coach of the Seattle Kraken is up, and more changes to the organization could follow.

Sports Illustrated

Crypto firms gave $18M to Trump’s inauguration. Ripple’s $4.9M gift was second biggest overall

Only Pilgrim’s, one of the world’s largest poultry producers, outspent Ripple.

Fortune

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International Business Times

SEC Officially Files Litigation Dismissal In Kraken, Consensys, Cumberland Cases; 'When Ripple?' $XRP Army Asks

The SEC has filed official documents seeking to dismiss its complaints against Kraken, Consensys and Cumberland, marking a major turnaround for the crypto space -- $XRP holders are increasingly frustrated over the supposed lack of progress in the Ripple case.

Fortune

The crypto magnate that has Trump’s ear, an IPO in the works, but still can’t get past a posh San Francisco coop board

Jesse Powell, who founded Kraken in 2011, is suing a co-op board that wants to keep him out over his politics.

Fortune

XRP soars 10% after Ripple CEO says SEC will drop appeal

The lawsuit was one of the agency’s longest-running cases against a crypto company.

Sports Illustrated

Seattle Kraken Scored Fastest Goal in NHL OT History in Stunning Fashion

He made this look way too easy.

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news in one place.

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Fortune

Coinbase CEO plans to hire 1,000 U.S. workers, saying Trump ‘breathed life back" into industry

The crypto CEO attended the White House’s Crypto Summit on Friday.

Sports Illustrated

10 Players Sent to Penalty Box After Tempers Flare in Kraken-Capitals Game

Referees sent every player on the ice into the penalty box after a skirmish between the Kraken and Capitals.

The Guardian - US

US rise of cryptocurrency and fall of regulation pose ‘profound risks’ – report

Center for Political Accountability, which advocates for corporate disclosure, warns of fallout from Trump’s efforts

The Sports Daily

Kraken trade Oliver Bjorkstrand and Yanni Gourde to Lightning

Kraken trade Oliver Bjorkstrand and Yanni Gourde to Lightning. It was a blockbuster deal also involving Detroit.

Sports Illustrated

Lightning Acquire Oliver Bjorkstrand, Yanni Gourde From Kraken in Blockbuster Trade

Tampa Bay is gearing up for another playoff run.

International Business Times

SEC To Dismiss Kraken Lawsuit Ahead Of 'Spring Sprint Toward Crypto Clarity' Roundtables

The SEC has agreed in principle to dismiss its lawsuit against Kraken as the financial regulator prepares for a series of roundtables that should help provide status clarity for cryptocurrencies.

Fortune

Coinbase says SEC agrees to right ‘major wrong’ and dismiss consequential lawsuit against crypto exchange

The regulator sued the U.S.’s most prominent crypto exchange in June 2023 for allegedly flouting securities laws.

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