Yugocean Kraken

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Kraken Secures MiCA Licence, Bolstering European Presence

26 Jun 2025 1 minute read 2 comments Yugocean

Kraken gets MiCA      Kraken, a prominent cryptocurrency exchange, has recently obtained the MiCA (Markets in Crypto-Assets) licence from the Central Bank of Ireland. This development follows Kraken's earlier acquisition of the MiFID licence in Febru...

SEC drops lawsuit against Kraken

4 Mar 2025 1 minute read 3 comments Yugocean

     In another bold move (not a surprise), the SEC has freed Kraken from its Gensler clutches. Let's find more.   Lawsuit against Kraken dropped      The US Securities and Exchange Commission (SEC) dropped its case against cryptocurrency exchange Kr...

Coinbase is not supporting Celo L2 migration

30 Nov 2024 1 minute read 0 comments Yugocean

Coinbase refuses to support Celo's L2 migration      The Celo L1 blockchain is migrating to Layer2 (Optimism) on January 16, 2025, and Coinbase has refused to support it and has asked Celo users to withdraw their assets by January 13 (indirectly anno...

Kraken Desktop Launched

2 Nov 2024 1 minute read 1 comment Yugocean

     Kraken has launched a new trading application "Kraken desktop," which aims to provide enhanced support to its users. According to Kraken, this tool is offering full access to all of Kraken's spot and futures markets, as well as new tools and fun...

Kraken Reveals Wrapped Bitcoin kBTC

20 Oct 2024 1 minute read 2 comments Yugocean

     Crypto exchange Kraken has launched its wrapped Bitcoin kBTC, an ERC-20 token that supports OP Mainnet.   A Coinbase idea for Kraken      Coinbase recently unveiled its Wrapped Bitcoin cbBTC, which was questioned by Tron founder Justin Sun, but...

North America is on the verge of losing the crypto industry

15 May 2023 1 minute read 11 comments Yugocean

     North America is the main trade location, however, owing to heavy political pressure, the banking industry there is failing and the cryptocurrency companies are leaving. Coinbase and Kraken are leaving the US; Binance is departing Canada      B...