Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
news-imageJanuary 31, 2025

Crypto exchange Kraken sees $1.5 billion in revenue in 2024

Also in 2024, Kraken's platform grew to hold $42.8 billion in assets, amassed 2.5 million funded accounts and hit $665 billion in total trade volume.
Publisher: The Block
Sentiment: Positive
General

More News Articles

Positive
cover-imageCryptoSlate
January 31, 2025

Kraken revenue surges 128% to $1.5 billion in 2024 amid strategic overhaul

Kraken doubled its revenue in 2024 to $1.5 billion in earnings, a 128% increase from the previous year, according to its latest released financial data. The exchange also disclosed that it holds $42.8 billion in customer assets, with an average revenue of more than $2,000 per customer.

general-iconGeneral
Neutral
cover-imageCoindesk
January 31, 2025

A Blueprint for Crypto Market Structure

Kristin Smith, CEO of the Blockchain Association, outlines principles to guide legislation and regulation on issues like self-custody, staking, voting, and peer-to-peer transactions on permissionless networks.

general-iconGeneral
Neutral
cover-imageCoingape
January 31, 2025

FTX Debtors Inks Agreement With K5 Global To Maximize Recoveries

Defunct digital currency exchange under the FTX debtors identity has announced it has settled with K5 Global, a venture capital firm and incubation studio. This settlement aligns with a lawsuit it filed against the venture outfit in June 2024, seeking $700 million in disputed investments.

general-iconGeneral
Positive
cover-imageCoindesk
January 31, 2025

Can Blockchain Help Create a More Sustainable Future?

ValuesCo co-founder and CEO Andrew Berkowitz joins Rainforest Foundation US Executive Director Suzanne Pelletier at CoinDesk to discuss the potential of blockchain technology for social good. This content should not be construed or relied upon as investment advice.

general-iconGeneral
Neutral
cover-imageCrypto Daily
January 31, 2025

DeepSeek AI Reveals The Next 100x Cryptos

Its performance and small capex have caused a seismic shift in the global AI race, plummeting US tech stocks. In particular, NVIDIA ($NVDA) is down 15% since DeepSeek R1's launch.

general-iconGeneral
Positive
cover-imagePYMNTS
January 31, 2025

Kraken Revenue More Than Doubled During 2024 Crypto Boom

Last year's cryptocurrency boom was very good news for the Kraken exchange. The company's revenue more than doubled in 2024 from $671 million to $1.5 billion, Bloomberg News reported Friday (Jan. 31).

general-iconGeneral
Positive
cover-imageCryptonews
January 31, 2025

Stablecoin Expansion to Drive the Next Crypto Rally as Market Cap Hits $200B: CryptoQuant

Stablecoin supply has expanded significantly, pushing total market capitalization beyond $200B. Tether's USDT and Circle's USDC lead the surge, increasing liquidity across exchanges. CryptoQuant analysts note that such trends have historically preceded bullish market movements. The post Stablecoin Expansion to Drive the Next Crypto Rally as Market Cap Hits $200B: CryptoQuant appeared first on Cryptonews.

general-iconGeneral
Positive
cover-imageCoindesk
January 31, 2025

Stablecoins Hit Record Over $200B Market Cap

The stablecoin market cap hit a record of over $200 billion, with USDC making outsized gains and USDT stalling in comparison. CoinDesk's Christine Lee reports on “Chart of the Day.

general-iconGeneral
Negative
cover-imageCoinspress
January 31, 2025

Andre Cronje Reveals SEC Pressure Led to His Exit from DeFi

Andre Cronje, a key figure in decentralized finance (DeFi), disclosed that his 2022 departure from the sector stemmed from legal pressures from the U.S. Securities and Exchange Commission (SEC).

general-iconGeneral
Neutral
cover-imagePYMNTS
January 31, 2025

Making Sense of Meme Coins, Digital Assets and Crypto's Future

The debate over whether cryptocurrency markets are a “casino,” or whether digital assets can be a valuable financial innovation has yet to find a comprehensive, scalable answer as the industry continues to evolve.

general-iconGeneral
Negative
cover-imageCrypto news
January 31, 2025

Kuna shuts down following Ukraine's ban on its oldest crypto exchange

Ukrainian authorities have blocked access to Kuna, the country's first crypto exchange, operational since 2014. Kuna, Ukraine's oldest crypto exchange, shut down just days after authorities quietly blocked access to its platform without offering any explanation.

general-iconGeneral
Negative
cover-imageAltcoin Buzz
January 31, 2025

Pump.Fun Sued for Securities Violations

The suit was filed in the Southern District of New York (SDNY) on Thursday. It claims the platform earned nearly $500 million in fees.

general-iconGeneral
Neutral
cover-imageReuters
January 31, 2025

FTX reaches settlement with ex-Clinton aide's investment firm

FTX said on Friday it had reached a settlement with K5 Global, a venture capital firm co-founded by a former aide to Hillary Clinton, resolving a lawsuit the bankrupt crypto exchange had brought against the company in June last year.

general-iconGeneral
Next Page 1