Usual Raises $10M in Series A Round Led by Kraken Ventures and Binance Labs

[PRESS RELEASE – Paris, France, December 23rd, 2024] Usual, the decentralized stablecoin protocol, announces a $10M Series A funding round ...
Read more

Australian Court Fines Kraken $8M Over Unauthorized Margin Lending Product

The Federal Court of Australia has imposed an $8 million fine on Bit Trade, the operator of the cryptocurrency exchange ...
Read more

FTX to begin initial distributions by March with Kraken and BitGo as partners

FTX and its affiliated debtors announced on Dec. 16 that their reorganization plan will take effect on Jan. 3, 2025, ...
Read more

Australia’s ASIC fines Kraken operator Bit Trade $5M for regulatory breaches

The Australian Securities and Investments Commission (ASIC) has fined Bit Trade—the operator behind the Kraken exchange—$5 million for unlawfully issuing ...
Read more