Wrapped Bitcoin Wars Ramp Up as Kraken Reveals kBTC
Crypto exchange Kraken has unveiled a new wrapped Bitcoin product dubbed kBTC, joining a growing battle with Coinbase, 21.co, and BitGo.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Kraken drops Monero spending questions but keeps a $1,500 rolling 30-day withdrawal cap for individuals
Crypto exchange Kraken has withdrawn intrusive compliance demands sent to Monero customers after its co-CEO admitted the requests...
Bybit Wins Dubai VARA Approval For Spot Crypto Exchange Services
TL;DR: Bybit says its Dubai entity has secured a VARA virtual-asset service provider licence covering spot exchange activity; deri...
Kraken Eyes Kazakhstan Market After Country Tightens Crypto Rules
Kraken’s parent company, Payward, has received in-principle approval to expand into Kazakhstan, a country that once controlled rou...
Kraken wants to be your bank, but who will protect your money?
Kraken's parent company wants a place in your finances long before you buy Bitcoin and long after you sell it. On Oct. 14, Payward...
Ethereum sees biggest exchange withdrawal in four months as October ETF losses top $1 billion
About 169,770 ETH left centralized exchanges on net in one day, Santiment reported Oct. 23, the largest daily withdrawal in more t...
Whale That Bought 100,000 ETH for $0.31 Each Just Sent $2.4M to Kraken
An Ethereum initial coin offering (ICO) buyer who bought 100,000 ETH at $0.31 each just moved another 1,000 ETH, worth about $2.4...