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Crypto Evening Briefing: FTX To Claw Back $460 Million From SBF-Backed Hedge Fund

Coinbase CEO Brian Armstrong sold Coinbase shares prior to receiving a warning from the Securities and Exchange Commission (SEC)
Crypto Evening Briefing: FTX To Claw Back $460 Million From SBF-Backed Hedge Fund

Kraken To Suspend Plaid Withdrawals and Deposits via ACH Silvergate

Major cryptocurrency exchange Kraken is experiencing difficulties with the withdrawal and deposit channel related to the automated clearing house (ACH) via Silvergate.

Kraken to Suspend ACH Deposits and Withdrawals Following Silvergate Shutdown

“As of March 27, 2023, Kraken clients will no longer be able to use ACH deposits and withdrawals through Silvergate,” the company told CoinDesk in an email. “We are working to make ACH funding options available through alternative funding providers as soon as possible and will communicate details with clients as soon as we can.”

Crypto Evening Briefing: OpenSea, ConsenSys Among Prized Crypto Startups With Shares Available at Big Discounts

Those startups include Alchemy, Blockchain.com, Chainalysis, Kraken, ConsenSys, Blockdaemon, CoinDCX and OpenSea.
Crypto Evening Briefing: OpenSea, ConsenSys Among Prized Crypto Startups With Shares Available at Big Discounts

OpenSea, ConsenSys Among Prized Crypto Startups With Shares Available at Big Discounts

Shares in numerous private crypto startups are currently being offered at sizable discounts on Birel.io, a platform that specializes in such secondary market transactions, Birel's Richard Freemanson confirmed.

Kraken Eyes Own Bank Amid Regulatory Scrutiny

Crypto exchange Kraken has plans to launch its bank, The Blocks reported March 6.

Crypto Evening Briefing: Kraken Is Planning To Launch Its Own Bank

Kraken is moving ahead with plans to launch its own bank despite a challenging regulatory environment.
Crypto Evening Briefing: Kraken Is Planning To Launch Its Own Bank

Kraken Is on Track To Launch Bank ‘Very Soon’ Despite Regulatory ‘Weird Place’

Kraken is moving ahead with plans to launch its own bank despite a challenging regulatory environment and the recent shuttering of its on-chain staking services for U.S. clients to settle U.S. Securities and Exchange Commission charges that it violated securities laws. 

Kraken Reduces Reliance on Signature Bank for Certain Transactions

Cryptocurrency exchange Kraken is stepping away from Signature Bank for processing certain transaction types due to decisions made by the New York-based banking firm. 

Crypto Morning Briefing: Kraken Pulling Back From Using Signature Bank

Magic Eden Launches 'Mint Madness' With Free Web3 Gaming Mints; The Next Bicasso: Binance NFT Releases AI-Powered NFT Generator; Robinhood, Polygon, 0x Labs Simplifies Crypto Trading, ZRX Zooms 20%; Chainlink Targets Web 2.0 Developers With New Platform Launch
Crypto Morning Briefing: Kraken Pulling Back From Using Signature Bank