#kraken
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“FTX 2.0 would be worse than starting from scratch. No team, no tech, no licenses, no banking, tarnished brand. The trustee should just auction off the domain and trademark to the highest bidder. Anything beyond that is simply a fee extraction attack on delusional creditors,” — tweeted Kraken founder.
Who would actually be interested in buying FTX? 
Despite the ongoing rally in June, spot trade volumes in Q2 experienced a substantial decline, reaching their lowest level since 2020, according to Kaiko.
Binance saw the most significant drop in trading activity, with volumes plunging by nearly 70%.
Other exchanges such as Coinbase, Kraken, OKX, and Huobi also witnessed a decline of over 50% in trade volumes. 
This time the SEC hits the crypto exchange Kraken over a possible violation of the Securities Act. Incoming CEO Dave Ripley has refused to delist tokens determined as securities under the Howey test and is now having troubles with the SEC.
This case may be settled in the coming days and will make a decisive difference for the entire crypto community. It is also rumored that the SEC intends to ban retail staking.
Genesis and Gemini keep their fingers crossed, as they have already stepped into Kraken's shoes once before. 
Chainalysis investigators claim that a few hours before the announcement of bankruptcy, funds totaling about $155 million were withdrawn from the Genesis exchange:
- 50,000 ETH to Coinbase
- 20,000 ETH to Bitstamp
- 5,000 ETH and 3.9 million USDT to Kraken
- 7.7M FTM to Binance
- 36 million USDT to an unknown wallet
Some analysts speculate that this could be a partial repayment of Genesis' debt to creditors.
Of course, it is the case! That's exactly what all bankrupts do before filing for bankruptcy. 
KRAKEN CTO: Current macro environment hinders new technologies
Vishnu Patankar, the new Chief Technology Officer (CTO) of cryptocurrency exchange Kraken, shared his insights on the current status and future potential of blockchain, cryptocurrencies, and artificial intelligence in an interview with the company's official blog. 
Is the crypto staking industry dead now?
The US Securities and Exchange Commission (SEC) recently fined American cryptocurrency exchange Kraken $30 million. The penalty was related to their staking services, which the SEC has now classified as the sale of securities. Could it possibly impact the industry overall? 
Yesterday, the U.S. Securities and Exchange Commission demanded that Kraken shut down its staking service. And today, SEC Commissioner Hester Peirce lashed out at her fellow regulators over their decision on the crypto exchange.
According to Peirce, the SEC should develop transparent registration rules, instead of banning a program that served both investors and companies well.
"Using enforcement actions to tell people what the law is in an emerging industry is not an efficient or fair way of regulating," the commissioner said.
What title is after commissioner? Start a petition! 
Over the last day, Voyager Digital transferred assets worth approximately $9.6 million to Coinbase, Binance US, and Kraken, including 4.9 million VGX, 221,000 LINK, 3,050 ETH, and 270 billion SHIB.
Another interesting fact: one of the addresses has 6.8 trillion SHIB, putting it in 18th place among the largest owners of the meme coins after the transfer.
We've got a riddle for you: you're broke, you need money, the enemy is nearby, so you transfer 270 billion coins to the exchange. Is it for a far-off journey or an inheritance? 
The russian Solaris platform was hacked by the Kraken trading platform, which also targets the russian-speaking audience. Kraken claims to have taken control of Solaris' infrastructure and Gitlab repository, as well as locking and emptying its crypto wallets.
Both platforms are linked to a Russian operator and both have about 25% market share of the total volume of drugs and weapons sold on the dark web.
It is known for certain that Solaris used the services of pro-Kremlin hackers Killnet, which launched DDoS attacks on Ukrainian and European government servers in 2022.
All Solaris clients are now automatically redirected to the Kraken website because the hackers not only took control of the code and wallets but also set up a redirect.
There are three things you can watch forever: fire burning, water falling, and Russians destroying each other.
It is still unknown what kind of Kraken it is. Maybe it's some of ours 