BlackRock joins forces with Kraken’s CF Benchmarks for Bitcoin price indexing

    BlackRock will use Kraken’s CF Benchmarks Bitcoin index pricing product for its first crypto offering. Previously, the world’s biggest asset manager launched its own Bitcoin private trust following announcing a partnership with Coinbase. As The Block reported, BlackRock’s Bitcoin product will be benchmarked using CF Benchmark’s indexes.  CF Benchmarks is a member of the Crypto…

    Crypto exchange Kraken reportedly suspected of violating sanctions

    Crypto exchange Kraken is reportedly under investigation for allegedly violating federal sanctions and providing services to Iranians. The US Department of Treasury is investigating Kraken, the NYTimes sources said. The US Treasury Department has been keeping Kraken under the radar since 2019 and is also imposing a fine on the exchange, according to the news…

    Kraken and Binance accelerate hiring drive amid crypto industry’s job cuts

    Crypto exchanges Binance and Kraken, reportedly along with layer-2 sidechain Polygon, are looking to add staff amid crashing crypto markets. While Coinbase, BlockFi, and Crypto.com are among the crypto-related companies announcing layoffs this week. The US-based crypto exchange Kraken revealed on June 15 that it has not altered its recruiting strategy and does not expect…

    Kraken announces its upcoming NFT marketplace

    US-based crypto exchange Kraken has opened the waitlist for its upcoming NFT marketplace. The exchange posted this bullish announcement on May 3, claiming that its marketplace would be the complete solution for exploring, curating, and securing NFT collections. Unlike available on other marketplaces, Kraken NFT promises to offer gasless trading. The Kraken NFT marketplace will…

    Kraken obtains UAE License to offer direct crypto trading in dirhams

    Kraken has become the first crypto exchange to be granted a license to operate a regulated digital assets platform in Abu Dhabi, as the Middle East becomes a focus for the crypto industry. The exchange will allow its users to invest, trade, and withdraw virtual assets directly in the United Arab Emirates dirhams (AED). US…

    Crypto exchange Kraken plans to launch an NFT marketplace

    Major cryptocurrency exchange Kraken announced plans to introduce an NFT trading marketplace. Kraken CEO noted the rising popularity of Metaverse NFTs like virtual property and digital items; however, he did not suggest a date by which the service may be launched. Other big exchanges, such as Binance, Coinbase, and FTX, have already introduced their own…