Kraken Reconsidering IPO

Kraken could follow Coinbase's footsteps by becoming the next Unites States-based crypto exchange to be a publicly-traded company. Kraken CEO Jesse Powell has revealed that the crypto exchange could go public before the end of 2022.Powell made this known during an interview with Bloomberg TV, stating that the move would be a natural progression for the company in its mission to “bring crypto to the world.”According to Powell, Kraken is currently doing “prep work” towards going public in the next 12 to 18 months. However, the exchange CEO did not give a target valuation for the upcoming....

Zillow CEO Spencer Rascoff, like many other executives, has been skeptical on the topic of bitcoin (and likely digital currency as a whole), but his opinion may be changing. Why? Because he's not just watching the game from the sidelines. He's stepped into the field. A tweet published to his 20,000+ followers Monday read: Thx to @brian_armstrong for the @coinbase tutorial. I'm reconsidering my skepticism on Bitcoin. cc @SaraEisen. Rascoff, who also serves as a director for TripAdvisor, followed up with yet another tweet on the topic on Tuesday morning, noting he's managed to purchase....

Times are tough in Russia. The Ruble has lost about 50% of its value versus the dollar. The West is levying economic sanctions against them for their military actions in the Ukraine. And the Russian Ministry of Finance earlier this year drafted a bill to ban Bitcoin and other "quasi-money" in 2015. Also read: Indicators Show Russians Trading Rubles for BTC. Russia reconsidering Bitcoin? Could Bitcoin make it back into Russia? The latest news is that the draft law is in need of major revision as the Russian Ministry of Economic Development has not approved the draft in its current form.....

The Kraken support team has drawn to the attention of Cointelegraph its recent blogpost in response to various claims of compromised accounts and stolen funds on the exchange. In the last month, CoinTelegraph received two separate mails from alleged Kraken users who claim their accounts were compromised after a reported security breach on the Kraken system. Kraken was not hacked. Both cases were presented to Kraken for clarification before our articles were published about them in July and August. But in a response on Monday August 15, Kraken says the claims of a breach could be as a....

Kraken Bitcoin Exchange. Bitcoin exchange Kraken has been selected to aid in the investigation of missing Bitcoin following the heist at the Mt Gox exchange. Kraken will also be involved in the distribution of remaining assets to the creditors. This decision was arrived at after an extensive evaluation process where multiple companies were considered and vetted. Kraken stood out for several reasons, chief among them being its proven track record in managing its exchange. The company has demonstrated stability and reliability in customer support. It also possesses sufficient expertise to....