According to chain analyst Yu Jin's monitoring, a whale who withdrew 52,000 ETH (valued at $5.73 million at the time) from Kraken at an average price of $110 from December 2018 to January 2019, transferred 12,087 ETH (now valued at $20.61 million) in two transactions to Binance 11 hours ago after being dormant for two years. As of now, all of the whale's 52,000 ETH has been transferred to CEX. In June 2019, the whale transferred 27,198 ETH to Bitstamp at an average price of $257.

According to Whale Alert monitoring, on August 17th, 892 BTC (worth $25,579,886) was transferred from Kraken to an unknown wallet address.

According to Spot On Chain monitoring, 34.28 million SAND tokens (worth $13.5 million) were distributed to 11 addresses within 2 hours as part of the token unlocking process. 5.77 million SAND tokens (worth $2.81 million) were deposited into Binance and Kraken through 4 addresses, while 1.38 million SAND tokens were sold on DEX at an average price of $0.378 per token for a total of 522,000 USDC.

On August 14th, according to Lookonchain monitoring, the deployer of Bald has bridged back 7,000 ETH ($12.9 million) from the Base network to Ethereum, and deposited 2,100 ETH ($3.87 million) into Kraken. Currently, there are 2,000 ETH ($3.7 million) being bridged and 2,237 ETH ($4.13 million) on the Base network.

Kraken, a cryptocurrency exchange, has listed the native currencies of two Reddit communities, MOON and BRICK, causing a surge in their value. The r/Cryptocurrency Moons increased by 40% to $0.40, while r/FortNiteBR Bricks rose by 76% to $0.04. Both currencies are awarded to users based on their engagement within each online community. Kraken also unveiled perpetual futures for the tokens, allowing people to speculate on future price movements.

Jesse Powell, co-founder of Kraken, has expressed doubts about the viability of FTX 2.0's plans to revive the now-bankrupt crypto exchange. Powell believes that FTX 2.0 would be worse than starting from scratch due to the lack of team, technology, licenses, and banking, as well as a tarnished brand. He suggests that the trustee should auction off the domain and trademark to the highest bidder, as anything beyond that would be a fee extraction attack on delusional creditors. FTX 2.0 Coalition, an alliance of FTX users hoping for a reboot, criticized Powell's comments, stating that the exchange's 1.8 million creditor-customers turned owners are hugely valuable for bootstrapping.

Williams Racing and crypto exchange Kraken are partnering to offer NFT holders the chance to have their digital collectibles featured on Formula One (F1) cars during the U.S. Grand Prix on October 22 in Austin, TX. NFT holders with assets listed on Kraken's NFT marketplace can submit their tokens for consideration between August 1 and 18. The top 20 entries will be shortlisted by Williams Racing and Kraken, with the final four NFT choices to be voted on by the community from August 28 to 31.

Kraken has announced a new sweepstakes, offering winners the opportunity to choose which NFT appears on one of two Williams Racing cars competing in the upcoming U.S. Grand Prix. The crypto exchange hopes to increase customer engagement and expand its customer base through its partnership with the Formula 1 team. Kraken previously announced plans to showcase customer-owned digital collectibles on its cars throughout the F1 season, following in the footsteps of other crypto companies such as FTX and Mysten Labs. Despite regulatory uncertainties, Kraken aims to continue its recent growth in the U.S. market.

Kraken, a cryptocurrency exchange, announced on Sunday that it has resolved issues with Ethereum's funding gateway. The exchange stated that all systems are now operational but did not provide any details on the cause of the issue. Earlier on Sunday, Kraken had reported that it was investigating the issue, which could have caused delays in deposits and withdrawals. Ethereum is the second-largest cryptocurrency in the world.

Australian computer scientist Craig Wright, who claims to be the creator of Bitcoin, Satoshi Nakamoto, has been ordered by a UK judge to pay £400,000 ($516,000) in security for legal costs to pursue claims against crypto exchanges Coinbase and Kraken. The judge expressed doubts about Wright's ability to fund the legal costs, citing inconsistent statements about his financial position. Wright alleges that Coinbase and Kraken are damaging the brand of his rival cryptocurrency, Bitcoin Satoshi Vision (BSV). The exchanges have welcomed the ruling as a win in their defence against Wright's claims.