North Korean Operative's Failed Attempt to Infiltrate Kraken
North Korean Operative's Failed Attempt to Infiltrate Kraken
🕵️ NK Spy Caught Red-Handed
Kraken's Chief Security Officer revealed in a CBS News interview how the cryptocurrency exchange identified and thwarted an infiltration attempt by a North Korean operative posing as a job applicant.
The incident highlights the sophisticated nature of state-sponsored attempts to penetrate crypto organizations. Kraken's security protocols successfully detected the deception during the hiring process.
- Incident details available on Kraken's blog
- Interview featured on CBS News
- Demonstrates importance of rigorous hiring security measures
Key takeaway: Cryptocurrency exchanges remain high-value targets for state actors, emphasizing the critical need for robust security protocols.
Kraken Lists Multiple New Tokens Including COOKIE and Space & Time
Kraken continues its expansion with several new token listings in May 2025: - **$COOKIE** (@cookiedotfun) and **$SXT** (@SpaceandTimeDB) are the latest additions, both launching on May 8th - **$S** (Sonic Labs) went live on May 5th - Multiple tokens including **$MUBARAK**, **$CAKE**, and **$BANANAS31** were listed on April 30th All new listings feature enabled deposits and withdrawals. Trading is live on [Kraken's platform](https://p.k.xyz/9f1e/29fa263f). *Note: Geographic restrictions apply to all listings*
Kraken Completes Advanced Real-Time Audit System
Kraken has announced the completion of their real-time audit system, marking a significant advancement in crypto exchange transparency. The system offers: - Verifiable proof of transactions - Real-time monitoring capabilities - Direct verification without intermediaries This development builds on their earlier integration with @zerobasezk, which focused on enterprise-grade proof generation for high-performance workloads in finance and healthcare sectors. [Learn more about Kraken's audit system](http://k.xyz/3RUhyy4)
Ethereum Completes Pectra Upgrade: Major Network Enhancement
Ethereum has successfully implemented the Pectra upgrade, marking its most significant update since transitioning to proof-of-stake. Key improvements include: - Maximum stake per node increased from 32 to 2,048 ETH - Enhanced wallet functionality through EIP-7702 - Streamlined transaction bundling - Optimized network efficiency - Support for non-ETH gas payments The upgrade allows regular wallets to temporarily function as smart wallets, enabling multi-step transactions in a single operation. The EVM improvements make dApp development more cost-effective and efficient. [Learn more about the upgrade](https://k.xyz/43jg8n2)
USDT0 Expands to Flare Network with Multiple Integration Options
USDT0 has officially launched on the Flare Network, offering users new trading opportunities. The integration includes: - Direct transfers via Stargate at 1:1 rate with zero slippage - LP incentives activated on SparkDexAI - Lending/borrowing capabilities on Kinetic Markets - Farming options in two new pools on Enosys Global Existing USDT holders on Flare can migrate to USD0 through a simple process. Trading is now live at [p.k.xyz](https://p.k.xyz/9f1e/t5p3ucxb). *Note: Geographic restrictions apply*
Kraken Q1 2025 Results & Strategic Expansion Updates
Kraken reports strong Q1 2025 performance with $472M gross revenue and $187M adjusted EBITDA (+19% YoY). Trading volume increased 29% YoY, while funded accounts grew 26%. The company completed its acquisition of NinjaTrader, marking the largest TradFi-crypto merger to date. This strategic move enhances Kraken's derivatives capabilities across traditional and crypto markets. Kraken also launched Kraken Embed, enabling banks and fintech firms to offer crypto trading services, with @bunq as the inaugural partner. Key highlights: - Latest Proof of Reserves completed (March 31, 2025) - Trading volume up 29% YoY - Significant market share gains - Enhanced derivatives offering through NinjaTrader integration [View detailed financials](https://k.xyz/Q12025Financials)