kraken

According to The Block, Kraken has partnered with the on-chain institutional lending platform Maple to launch an on-chain storage facility for digital asset collateralized loans. This facility will provide USDC liquidity to Kraken's over-the-counter lending clients, allowing borrowers to use crypto assets such as BTC and ETH as collateral.

According to Axios, the sports prediction market Onyx Odds has completed a $20 million financing round, led by Payward, the parent company of Kraken, with a post-financing valuation of $220 million.The company's CEO Leul Dadi stated that they are planning to expand into other trading products.

According to on-chain analysts' monitoring, the new address 0x9c5...b1A16 withdrew 23,000 ETH from Kraken 5 hours ago, worth 38.22 million USD, at a withdrawal price of 1661.94 USD, and currently has an unrealized profit of 207,000 USD.

According to Onchain Lens monitoring, two newly created wallets withdrew 35,138 ETH ($58.39 million) from BitGo and Kraken, which may belong to Bitmine.

According to CryptoSlate, the Independent Community Bankers of America (ICBA) sent a letter to the Federal Reserve Bank of Kansas City, requesting a reassessment of Kraken Financial's compliance before the renewal of its one-year limited-purpose account, and to consider additional measures such as restrictions, suspension, non-renewal, or termination.

According to Onchain Lens monitoring, a certain whale deposited 5,900 ETH into Kraken, worth 10.03 million USD, incurring a loss of 9.8 million USD. This whale previously withdrew 22,951 ETH from Kraken, worth 48.95 million USD, and currently still holds 17,051 ETH, worth 29.11 million USD.

According to CoinDesk, Kraken's Chief Economist Thomas Perfumo stated that Bitcoin has recently been fluctuating near the 200-week simple moving average, a level that has historically been an almost perfect entry point for bulls. Over the past two weeks, Bitcoin briefly fell below this average twice but rebounded before the weekly close each time. Perfumo pointed out that since mid-2017, closing below this level has occurred on only about 10% of trading days, which is extremely rare.Historical data shows that investors who bought at this level had a median return of over 113% in the following year, a median return of 313% in two years, and a median time to breakeven of just two days, with a median maximum drawdown of only 9% in the following year. He emphasized that past performance does not guarantee future results, but historical records indicate that this level often provides significant value for Bitcoin. As of the time of writing, Bitcoin is priced at $63,900, slightly above the 200-week average of $62,358.

According to official news, the cryptocurrency exchange Kraken has announced the launch of perpetual futures products regulated by the U.S. Commodity Futures Trading Commission (CFTC), officially open to U.S. traders.This product marks a significant expansion of the compliant cryptocurrency derivatives market in the U.S., allowing traders to participate in perpetual contract trading for the first time within a regulatory framework.

According to the Kraken page, the Kraken xStocks platform indicates that users in China cannot withdraw SPCXx.Previously, SPCXx also displayed "Trading Halted" on the Kraken xStocks platform, indicating that according to local regulations, this asset cannot be traded in China.

According to community feedback, each person can only receive 4.2786 shares allocated in the SpaceX presale on the Kraken platform.It is reported that this quota is not directly related to the investment amount; whether you invest $10,000 or $1,000,000, you will receive the above quota.

Kraken employee Nata posted an explanation for why the SpaceX Pre-IPO orders were only partially fulfilled: global demand far exceeded the allocation limits set by underwriters, and the unmet portion will be fully refunded without any charges.ChainCatcher previously reported that Kraken employee Nata stated that the subscription limit for SpaceX tokenized stock (SPCX) on the xStocks platform "was much less than expected and was significantly reduced," adding a note to "cancel hedging." Currently, Kraken has not issued an official statement on this matter.

Kraken employee Nata posted that the subscription limit for SpaceX tokenized stock (SPCX) on the xStocks platform "is much lower than expected and has been significantly reduced," adding "hedging canceled." Currently, Kraken has not made an official statement on this.

According to on-chain analyst Yu Jin's monitoring, Pump.fun transferred 67,000 SOL to Kraken in the past half hour, worth approximately 4.51 million USD.He stated that since the beginning of 2024, Pump may have accumulated a total of 4.61 million SOL in transaction fee income, with a total value of approximately 795 million USD, at an average price of about 172 USD.

Nakamoto, the Bitcoin treasury company, announced that it is strengthening its capital structure and financial flexibility through debt reduction, refinancing, and stock buyback authorization. The company has reduced its outstanding debt by approximately $45 million by monetizing part of its Bitcoin holdings and Bitcoin-related derivative positions.The repayment funds came from the sale of approximately 600 BTC and Bitcoin-related derivative positions, with net proceeds of about $48 million. After the transaction, the company still holds approximately 4,467 BTC on its balance sheet.The company has also signed a new loan term sheet with Payward Interactive, a subsidiary of Kraken, extending the principal of approximately 105 million USDT until June 30, 2027. The remaining outstanding balance is 165 million USDT, of which 60 million USDT will mature on December 4, 2026.In addition, the Nakamoto board has authorized a stock buyback plan of up to $25 million. This plan is effective until December 31, 2026, and the company may repurchase common stock through open market purchases, privately negotiated transactions, block trades, and other methods.

Arkham posted on the X platform that three whale addresses (two of which are new addresses) have just withdrawn a total of $122 million worth of ETH from FalconX and Kraken. Among them, the address that previously purchased ETH had an unrealized loss of $9.1 million.

According to Onchain Lens monitoring, 6 hours ago, a newly created wallet received 25,000 ETH ($42.03 million) from Kraken, which may belong to Bitmine.

According to Bank Reg Blog, Kraken co-CEO Arjun Sethi has signed an agreement to acquire a small bank in Wyoming, Summit National Bank, which is in bankruptcy proceedings, for $5.5 million.The bank had previously failed multiple sale transactions. Economist David Beckworth asked whether this move would affect Kraken's streamlined Federal Reserve master account pilot and whether this acquisition would convert the streamlined account into a regular account. Bank Reg Blog responded that no direct impact is expected; the bank does indeed have a regular master account, but this transaction is being conducted in Sethi's personal capacity, rather than Kraken owning the bank.

According to CoinDesk, the U.S. House Financial Services Committee held a hearing on stablecoin regulation and the bank charter application of World Liberty Financial (WLFI). Acting Comptroller of the Currency Jonathan Gould denied any "endorsement" from Trump, pointing out that the only political pressure his agency faces comes from Democratic lawmakers, not Trump. Democrats questioned the compliance of WLFI's bank charter application, citing its connections to foreign investors and alleged regulatory violations involving entities such as Binance.Additionally, Federal Deposit Insurance Corporation (FDIC) Chairman Travis Hill stated that new rules requiring stablecoin issuers to establish customer identification programs will be proposed soon. Federal Reserve Vice Chair for Supervision Michelle Bowman provided clarification regarding the approval of a master account for the cryptocurrency exchange Kraken, emphasizing that the account has limited authority and an initial term of 12 months, during which close monitoring will occur to gather experience for formal rulemaking.

According to The Block, Kraken's parent company Payward's xStocks framework will launch a service that allows Kraken and partner platform users to participate in U.S. stock IPOs at the offering price and receive on-chain tokenized shares corresponding 1:1 with the underlying stock, which is held by a regulated custodian.Users can submit non-binding subscription intentions through partner platforms weeks before the IPO. Payward will aggregate demand and collaborate with the underwriting team to allocate shares, completing pricing, allocation, and token issuance on the listing day.xStocks tokens can circulate across multiple chains such as Ethereum, Solana, and TON, and can be used in combination with DeFi protocols.