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Crypto Weekly #6, 2019: Our Top Picks

Crypto markets taking off this week with Litecoin (LTC) announcing a Mimblewimble upgrade, lots of exchange developments including Brock Pierce rescue of Mt. Gox. Here are our top picks. For more details please click on the below: Facebook Acquires Blockchain Startup Chainspace Kraken acquires Crypto Facilities in nine-figure deal Red Bull announces FuturoCoin as Sponsor […]

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Business
Exchange
Finance

Kraken acquires Crypto Facilities in nine-figure deal

Kraken has just released a press statement announcing the acquisition of London UK-based Crypto Facilities. Crypto Facilities is a digital asset derivatives trading platform and index provider. The nine-figure deal is Kraken’s largest to date, and also one of the largest in the crypto industry. I’m thrilled to welcome the Crypto Facilities team into the […]

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Exchange
Security

Kraken tops Exchanges for Security

ICO Rating’s Exchange Security Report v2.0 is now out, providing an updated list of cryptocurrency exchanges ranked by security. The updated report includes additional security checks not known to them on initial release. Exchanges are scored based on: User Security Domain & Registrar Security Web Security DoS Protection Top on the list is Kraken although […]

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Business
Exchange
Trading

Kraken prepares for private listing with $4 billion valuation

In breaking news today, Kraken has sent emails to prominent clients notifying them of plans to privately list the US-based exchange. As reported by Finance Magnates, Kraken’s email details that it will be listing shares at a $4 billion USD valuation, with a minimum investment of $100,000. We previously covered Coinbase’s valuation of $8 billion; […]

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Business
Exchange
Legal

Kraken Delisting ICONOMI: Last Orders October 31st

Kraken has announced that they will be delisting the cryptocurrency ICONOMI (ICN) before the end of this year. In an e-mail sent to users today, it stated: The delisting is a result of ICONOMI’s restructuring and move towards a token-based shares model. ICN will be converted into eICN or Ethereum (ETH). eICN will be a […]

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Business
Exchange
Finance

Bitcoin Up on Tether Exodus

Bloomberg has reported that Tether, a USD backed cryptocurrency, touched  85 cents on the crypto exchange Kraken. This volatility breakout in Tether has prompted traders to choose Bitcoin as an alternative and has consequently pushed up the price of Bitcoin.  Tether accounts for approximately 20% of trading transactions at times, however, there are alternatives such […]

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