Crypto Whale makes waves with $4 Million DYDX deposit to Kraken
A prominent crypto investor, known as a “whale,” deposited over $4 million of dYdX (DYDX) to the cryptocurrency exchange Kraken on Monday. The move comes amidst a significant uptick in the value of the asset. The deposit was made as the price of DYDX, a decentralized derivatives exchange token, surged by 30% on Monday. Blockchain […]
Kraken co-founder slams Reddit’s move to discontinue community tokens
Jesse Powell, co-founder of Kraken, has voiced concerns over Reddit’s decision to discontinue its blockchain-based reward service, Community Points. This move has resulted in a significant drop in the value of related tokens. Reddit recently announced plans to end the Community Points beta by November 8, with no clear path of scaling it broadly across […]