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Institutional investors located in Canada significantly increased their holdings of cryptocurrencies in 2023, a survey by KPMG found.

Lawyers of crypto exchange Kraken have told a U.S. court that claims by the U.S. Securities and Exchange Commission (SEC) against it should be dismissed to avoid a "significant reordering" of the U.S. financial regulatory structure, according to

The takeover, which hasn't been previously disclosed publicly, expands the cryptocurrency exchange's regulatory licensing in the U.S.

Crypto exchange Kraken announced last week that it will build a layer-2 network atop Optimism's OP Stack blockchain framework. CoinDesk is first to report that the deal was reached early this year, involving a grant of 25 million OP tokens, at the

The disclosure comes nearly a year after CoinDesk broke the news that Kraken was considering its own layer-2 network, following the runaway success enjoyed by Base after it launched in mid-2023.

According to a blog post shared with CoinDesk, the new Kraken Wallet will be the first from a major exchange to be open-sourced.

Kraken is looking to raise more than $100 million and this may be completed by the end of this year, Bloomberg reported.

The bug found by a "security researcher" led to $3 million stolen from Kraken's treasuries.

Crypto exchange Kraken has demanded a jury trial in the case brought against it by the U.S. Securities and Exchange Commission (SEC), a court filing Thursday showed.

CEO Sui Chung sees South Korea and Israel as the next markets to list crypto ETFs.