avatar

Kraken Claims Total of $1M Exposure to Other Crypto Businesses

Crypto exchange Kraken announced on Twitter that its total exposure to other crypto businesses is around $1m.

The exchange said that it operates its own custody and staking services. Kraken has been in contact with its traditional fiat banking partners this week, and feels "confident" in their solvency.

Source

Kraken

Exchanges

Related News
Kraken offers bitcoin ‘staking’ yield via Babylon without wrapping or lending 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 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 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 Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
MEXC Extends DEX+ Platform to Binance Smart Chain Users MEXC Extends DEX+ Platform to Binance Smart Chain Users
Latest News More More
1 Day Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
2 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
2 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
5 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open