Latest Kraken News and Insights | Yellow.com

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New Paxos Issued Stablecoin USDG Launched By Kraken-Led Global Network
Nov 05, 2024
The cryptocurrency market has a new stablecoin (USDG) pegged to the US dollar. The new stablecoin released a day before the US presidential election was launched by a consortium of fintech companies like Kraken, Robinhood and Galaxy Digital. This newly launched Global Dollars Network seeks to fast
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Kraken's Monero Exit Signals Tough Times for Privacy Coins
Oct 03, 2024
Kraken Exchange will delist Monero (XMR) in the European Economic Area. The move comes before October's end as regulatory pressure increases and privacy coins face mounting challenges. XMR price fell below $150 on the news: it dropped over 10% after Kraken's announcement. The coin now trades around
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Kraken Nets Tottenham Hotspur In Groundbreaking Deal
Jul 16, 2024
Kraken has landed a major partnership with Tottenham Hotspur. The crypto exchange will become the club's first official cryptocurrency and Web3 partner. This deal marks a significant step in bringing crypto to mainstream sports. The partnership kicks off before the 2024/25 season. Kraken's logo wil
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Kraken Eyes Nuclear Power for Data Centers as DeFi Boom Looms
Jul 03, 2024
Kraken is considering nuclear energy to power its data centers. The move comes amid expected growth in decentralized finance (DeFi) and increased demand for its services. Vishnu Patankar, Kraken's chief technical officer, revealed this in an exclusive interview with CoinDesk. The company is not pla
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Kraken Won't Delist USDT Despite Potential EU Stablecoin Ban
May 21, 2024
Kraken, one of the world’s leading cryptocurrency exchanges, has no plans to delist Tether’s USDT. Despite whispers of an impending EU ban on stablecoins, Kraken remains unflinching. This decision could be seen as a bold move. Or simply pragmatic. Concerns over stablecoin regulation have been s

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