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Kraken Co-Founder Jesse Powell Endorses 'Only Pro-Crypto Major Party Candidate' Donald Trump, Donates $1M In Ethereum
Friday, June 28, 2024 - 11:24am | 442Kraken founder Jesse Powell has contributed $1 million to Donald Trump‘s presidential campaign, with the majority of the donation made in Ethereum (CRYPTO: ETH). What Happened: Powell announced his support on his X account, stating, “I am excited to join other leaders from our community...
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ADA To The Moon? Analyst Foresees A Whopping 10,000% Surge For Cardano, Reaching $35 Levels
Tuesday, November 14, 2023 - 9:35am | 628Crypto analyst Fiery Trading has an exceptionally bullish forecast for the price of Cardano (CRYPTO: ADA), suggesting a 9,990% surge to $35. What Happened: Fiery Trading bases this projection on the assertion that ADA has surpassed its lowest value and is now steadily climbing, noting a...
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Kraken's Jesse Powell Says FTX 2.0 'Worse Than Starting From Scratch'
Wednesday, August 2, 2023 - 3:57pm | 659Crypto exchange Kraken's co-founder Jesse Powell on Wednesday voiced his skepticism about the proposed restructuring plan for beleaguered FTX (CRYPTO: FTT). Kraken Co-Founder On FTX: Powell's remarks come in the wake of FTX's announcement detailing its proposed...
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Inside The FBI Raid At Crypto Tycoon, Kraken Founder Jesse Powell's LA Residence
Friday, July 7, 2023 - 11:42am | 498The Federal Bureau of Investigation (FBI) raided the Los Angeles residence of Kraken founder Jesse Powell in March, as part of a criminal inquiry focusing on allegations that he hacked and cyberstalked a nonprofit organization. The investigation primarily centers on the accusation made by the...
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Crypto Winter Chills Kraken, 30% Of Staff Gets Cut After 'Quick Scale Up'
Wednesday, November 30, 2022 - 2:07pm | 393Cryptocurrency exchange Kraken is sacking 1,100 employees, 30% of its workforce, in yet another sign of the prolonged crypto winter following the collapse of FTX (CRYPTO: FTT). Kraken co-founder and CEO Jesse Powell explained in a blog that his company tripled its workforce over the last 12...
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FTX Looks To Kraken For Help, But Jesse Powell Sees Red Flags
Thursday, November 10, 2022 - 4:42pm | 570Even as cryptocurrency exchange FTX struggles to stabilize its financial woes, the company has reportedly reached out to its rival exchange Kraken, with a “potential deal” being discussed. Other facts surrounding the terms of the potential agreement are unknown, including,...
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Kraken CEO Jesse Powell Steps Down, Will Stay On As Board Chairman
Wednesday, September 21, 2022 - 4:54pm | 581The outspoken co-founder and CEO of the Kraken cryptocurrency exchange, Jesse Powell, on Wednesday said he was resigning as CEO of the company to focus more on the company's products and broader industry advocacy. The 42-year cryptocurrency advocate will take over as chairman of the board...
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Crypto Exchange Kraken Violated Sanctions, Alleges US Treasury: NYT
Wednesday, July 27, 2022 - 1:01am | 448Kraken, one of the largest cryptocurrency exchanges based in the United States, is reportedly under investigation for allegedly violating sanctions. What Happened: According to a report from the New York Times on Tuesday, the U.S. Treasury is looking into whether Kraken...
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Kraken Could Bring Stock Trading To Platform; CEO Envisions A 'Super Wallet'
Tuesday, May 10, 2022 - 4:16pm | 436Many stock trading platforms have turned to offering cryptocurrency as a new feature for its customers. Could a leading cryptocurrency trading platform soon offer stock trading? What Happened: Cryptocurrency platform Kraken could soon be offering stock trading for its customers, CEO Jesse Powell...
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Bitcoin 2022 Exclusive: Tapping Traditional Finance Expertise For Crypto Innovation
Friday, April 22, 2022 - 12:50pm | 1407Detroit-based Benzinga, a media and data provider bridging the gap between retail and institutional investors, sent its team to Miami, Florida April 6-9, for Bitcoin 2022. During that time, Benzinga sought to recognize the innovation in digital assets, broadly, and spoke with founders, investors,...
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'San Francisco Is Not Safe': Crypto Exchange Kraken Closes Offices Over Excessive Crime Rate
Saturday, April 9, 2022 - 4:36pm | 344Major cryptocurrency exchange Kraken — launched in 2011, when there were just Bitcoin (CRYPTO: BTC) exchanges, not cryptocurrency exchanges — closed its San Francisco offices after numerous incidents led the company's management to deem the city too dangerous for its...
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Hilary Clinton 'Disappointed' With Crypto Exchanges For Refusing To End Transactions With Russia
Wednesday, March 2, 2022 - 6:49am | 557Former Secretary of State Hilary Clinton has condemned the Biden administration for not taking stricter action to lock down Russians’ access to cryptocurrency markets. What Happened: Speaking with MSNBC on Tuesday, Clinton stressed the importance of putting financial pressure on Putin and not...