Crypto exchange Kraken announced that it's reducing its global workforce by approximately 1,100 people, or 30%, in order to adapt to current market conditions. This reduction will take Kraken's team size back to where it was 12 months ago.
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Kraken
Daily Market Wrap | Jul. 29 Kraken offers bitcoin ‘staking’ yield via Babylon without wrapping or lending Bitget will legally pursue 8 accounts suspected of profiting $20 million from VOXEL trading manipulation Kraken launches forex perpetual futures with up to 20x leverage Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
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