Kraken

Kraken Exchange has partnered with Atlético de Madrid to become the club's Official Crypto and Web3 Partner, including the role of Official Sleeve Partner, marking another significant integration of cryptocurrency and sports. Atletico de Madrid’s New Web3 Partner Kraken Exchange has announced a significant partnership with Atlético de Madrid Football Club, marking a notable collaboration between the cryptocurrency and sports sectors. The partnership, set to commence in the 2024 season, will see Kraken becoming the Official Crypto and Web3 Partner…

The post Kraken Becomes Official Sleeve Partner For Atletico Madrid appeared first on Coinpedia Fintech News Kraken is now one of the official sponsors of the Spanish football club Atletico Madrid. Starting from the 2024/25 season, Kraken will serve as the Official Sleeve Partner for the club’s men’s and women’s football shirts of Atlético de Madrid. The partnership highlights the adoption and integration of the Web 3.0 ecosystem with other sectors. The alliance focuses on providing more opportunities for both…

The post Kraken CEO Jesse Powell Donates $1M in Trump Campaign appeared first on Coinpedia Fintech News Jesse Powell, one of the co-founders of the cryptocurrency exchange Kraken, made headlines by donating $1 million in Ether to Donald Trump’s 2024 Presidential campaign.  Though crypto donations are still down, will Trump change crypto’s fate? With industry big bulls’ support, things look promising.  Powell’s $1M Trump Card?  As the campaign gears up, Powell’s $1 million support for Trump is worth noticing, as…

The post XRP Price Glitch Displays Its Trading Price At $62,032 on Kraken  appeared first on Coinpedia Fintech News Kraken witnessed a mysterious XRP price glitch, which showed a trading price of $62,032. A screenshot indicated multiple instances of traders placing buy and sell orders for XRP at that price. This has sparked optimism among community members who have long argued that the recurring price glitches for XRP reflect its true value. The enthusiasts also hope that the high prices…

The post CertiK Returns $3 Million to Kraken After Public Dispute appeared first on Coinpedia Fintech News Blockchain security company CertiK has now refunded Kraken $3m in disputed funds after a bitter public disagreement regarding ethical hacking for bug bounties. The scandal started when CertiK hacked Kraken’s system and drained nearly $3 million in cryptocurrencies from Kraken’s treasury. As for CertiK, it initially stated they were white hat hackers and reported the vulnerability to Kraken, but the latter called them…

The post Kraken Vs Sec Lawsuits: Judge Hints Denial of Kraken’s Motion to Dismiss the Case appeared first on Coinpedia Fintech News The ongoing legal battle between Kraken and the U.S. Securities and Exchange Commission (SEC) took a dramatic turn during a recent court hearing on Kraken’s motion to dismiss the lawsuit. The judge hinted that Kraken’s request to dismiss the case might not happen. Here’s what happened in the court ruling.  Judge Hints at Denial of Motion During a…

Blockchain security firm CertiK has identified itself as the security researcher Kraken is claiming stole nearly $3 million worth of digital assets.  Kraken suffered a bug attack less than two weeks ago, losing nearly $3 million. At the time, the cryptocurrency exchange stated it was treating the incident as a criminal case and would coordinate with law enforcement agencies.  The Kraken Attack  On June 9, cryptocurrency exchange Kraken revealed it had suffered an exploit that saw the platform lose $3…

Cryptocurrency exchange Kraken has announced that it has fallen victim to a major security flaw that has resulted in the theft of $3 million worth of digital assets. However, in a surprising turn of events, the party responsible has been identified as CertiK. This blockchain security firm claims to have initially reported the bug through Kraken’s bug bounty program. CertiK is now accused of exploiting additional vulnerabilities and extorting the exchange for more money, leading to calls for legal action…

The post PolitiFi Token Trend Grows But Trump Token is Rejected by Kraken and Other Exchanges: 3 Alternative Meme Coins to Buy appeared first on Coinpedia Fintech News Crypto keeps evolving and the latest trend is “PolitiFi” cryptocurrencies, which pay homage to political figures, like former U.S. President Donald Trump. However, centralized exchanges are rejecting the sector’s frontrunner, TRUMP, because it is “too political.” So later in this article, we examine three alternative meme coins to buy instead.   Crypto PolitiFi…