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The Block • May 15, 2025

FTX to begin $5 billion in creditor payouts May 30 under bankruptcy plan

Starting May 30, the insolvent cryptocurrency company FTX will initiate distributions exceeding $5 billion to its creditors through intermediaries, marking a significant step in it...

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The Block • May 01, 2025

Kraken revenue hits $472 million in Q1, boosted by Trump-era volatility ahead of planned IPO

In the first quarter of 2025, Kraken reported a revenue of $472 million, marking a 19% increase from the previous year, influenced by market volatility and an upcoming IPO.

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The Block • May 01, 2025

Kraken feigns interest in hiring North Korean hacker in order to ‘study’ their tactics

Kraken advanced a candidate with alleged North Korean hacking ties through their recruitment process, ostensibly to analyze their tactics without revealing the company's true inten...

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The Block • May 01, 2025

Kraken launches crypto derivatives trading for UK professional investors in latest expansion for the...

Kraken's recent strategic investments in startups aim to enhance its derivatives trading offerings for professional UK investors, contributing to potential growth and competitivene...

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