Dormant whale awakens after 5 years; transfers $90M worth of Ether to Kraken
Cryptopolitan (RSS)
After five years, a dormant ether (ETH) wallet was activated, transferring approximately $90 million worth of ETH to the cryptocurrency exchange Kraken. This movement was detected early Tuesday by the on-chain analytics tool Lookonchain. The wallet, classified as a “whale” due to its large holdings, deposited 39,260 ether into Kraken. It is important to know that the term “whale” refers to entities holding substantial amounts of cryptocurrency.
An early $ETH whale appears to be selling ETH again after being dormant for 5 years.
The whale deposited all 39,260 $ETH($87.5M) to #Kraken 30 mins ago.
The whale received 47,260 ...
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Cryptopolitan (RSS)
After five years, a dormant ether (ETH) wallet was activated, transferring approximately $90 million worth of ETH to the cryptocurrency exchange Kraken. This movement was detected early Tuesday by the on-chain analytics tool Lookonchain. The wallet, classified as a “whale” due to its large holdings, deposited 39,260 ether into Kraken. It is important to know that the term “whale” refers to entities holding substantial amounts of cryptocurrency.
An early $ETH whale appears to be selling ETH again after being dormant for 5 years.
The whale deposited all 39,260 $ETH($87.5M) to #Kraken 30 mins ago.
The whale received 47,260 ...
View original post
⚡ X and Kraken Partner for Crypto Trading via Cashtags
Social media giant X has expanded its Cashtag feature by partnering with the Kraken exchange. Starting Sept. 16, US users searching for tickers like $BTC or $ETH can access direct trading links within their social feed.
When a user taps a Cashtag, X displays a real-time price chart and a direct link to Kraken. This allows users to jump straight to the Kraken app or website to sign in and complete a purchase without needing to leave the platform to find an exchange manually.
X is not becoming an exchange itself; the partnership aims to shorten the distance between discovering an asset and buying it. eToro launched a similar integration in 2023, which saw 420 million searches in its first three months, proving high user interest in social-linked trading.
#X #Kraken #CryptoTrading #Bitcoin
Social media giant X has expanded its Cashtag feature by partnering with the Kraken exchange. Starting Sept. 16, US users searching for tickers like $BTC or $ETH can access direct trading links within their social feed.
When a user taps a Cashtag, X displays a real-time price chart and a direct link to Kraken. This allows users to jump straight to the Kraken app or website to sign in and complete a purchase without needing to leave the platform to find an exchange manually.
X is not becoming an exchange itself; the partnership aims to shorten the distance between discovering an asset and buying it. eToro launched a similar integration in 2023, which saw 420 million searches in its first three months, proving high user interest in social-linked trading.
#X #Kraken #CryptoTrading #Bitcoin
⚡ Kraken Parent Partners with Singapore Gulf Bank for 24/7 USD Institutional Rails
Payward, the parent company of Kraken, has integrated with Singapore Gulf Bank (SGB) via its SGB Net network. This move enables 24/7 US-dollar funding and settlement for selected institutional clients across Asia and the Gulf region.
The partnership allows eligible institutions to deposit USD with Payward and use the funds immediately for digital asset activities. This eliminates traditional banking delays, providing constant liquidity for high-volume traders and firms.
In the coming months, SGB plans to leverage Kraken Prime for digital asset liquidity and pricing. This will allow the bank to price trades for its own customers using Payward’s market data.
#Kraken #SGB #InstitutionalCrypto #CryptoNews
Payward, the parent company of Kraken, has integrated with Singapore Gulf Bank (SGB) via its SGB Net network. This move enables 24/7 US-dollar funding and settlement for selected institutional clients across Asia and the Gulf region.
The partnership allows eligible institutions to deposit USD with Payward and use the funds immediately for digital asset activities. This eliminates traditional banking delays, providing constant liquidity for high-volume traders and firms.
In the coming months, SGB plans to leverage Kraken Prime for digital asset liquidity and pricing. This will allow the bank to price trades for its own customers using Payward’s market data.
#Kraken #SGB #InstitutionalCrypto #CryptoNews
🚨 Kraken Parent to Acquire European Bank
Payward, the company behind Kraken, has reached an agreement to acquire Saldo Finance Oy, the owner of Lithuania-based Saldo Bank. The deal is projected to close in 2027, pending regulatory approval from authorities.
This move allows Kraken to integrate traditional banking services like deposit accounts, lending, and payment processing directly into its ecosystem. Users could eventually manage Bitcoin holdings alongside protected fiat savings in a single interface.
The acquisition includes Saldo Bank’s existing loan book, which held €129.5 million in gross credit as of June 2026. However, financial reports show the bank faced a €545,000 net loss recently as overdue loans more than doubled during 2025.
#Kraken #Banking #CryptoNews #Regulation
Payward, the company behind Kraken, has reached an agreement to acquire Saldo Finance Oy, the owner of Lithuania-based Saldo Bank. The deal is projected to close in 2027, pending regulatory approval from authorities.
This move allows Kraken to integrate traditional banking services like deposit accounts, lending, and payment processing directly into its ecosystem. Users could eventually manage Bitcoin holdings alongside protected fiat savings in a single interface.
The acquisition includes Saldo Bank’s existing loan book, which held €129.5 million in gross credit as of June 2026. However, financial reports show the bank faced a €545,000 net loss recently as overdue loans more than doubled during 2025.
#Kraken #Banking #CryptoNews #Regulation