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Kraken said it is being extorted by criminals threatening to release videos of internal systems after two insider-related data access incidents exposed roughly 2,000 client accounts. Insider Access Details Nick Percoco, chief security officer at Kraken's parent company Payward, disclosed on Apr. 13

Sen. Richard Blumenthal has raised concerns over recent shifts in crypto enforcement at the U.S. Securities and Exchange Commission, questioning both internal decision-making and the agency’s handling of high-profile cases. In a letter to SEC Chair Paul Atkins, Blumenthal sought clarity on the depar

Robinhood Markets approved a $1.5 billion share repurchase program on Tuesday, adding more than $1.1 billion in new capacity on top of any residual from prior authorizations. The move came as HOOD shares fell roughly 5% on the day, extending a 39% year-to-date decline after a more than threefold gai

The Internal Revenue Service is rolling out Form 1099-DA this tax season, requiring cryptocurrency brokers to report gross proceeds from digital-asset transactions during 2025 - but not cost basis. The gap between what exchanges are required to disclose and what the IRS needs to calculate a gain or

KRAKacquisition Corp., a special purpose acquisition company sponsored by a Kraken affiliate, upsized its January IPO from a $250 million target to $345 million, selling 34.5 million units at $10 each on the Nasdaq Global Market. The firm is now hunting acquisition targets in the cryptocurrency infr