#kraken
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How Fear and Greed Drive the Crypto Market: Kraken’s Report
Did you know that 63% of cryptocurrency holders claim that the fear of missing out (FOMO) has negatively impacted their investment strategy? According to a recent report by Kraken, emotions continue to play a dominant role in crypto investor decisions. AFP Deciphers Seed Phrase: $9.3 Million in Crypto Seized
The Australian Federal Police (AFP) "deciphered" the seed phrase of a cryptocurrency account as part of Operation Kraken. Authorities seized approximately $9.3 million from Jay Jay Je Yoon Jung, a suspected developer of the encrypted messaging app Ghost. 
Companies Unite Against Pig Butchering Scams
Match Group, the developer of popular dating services, has joined forces with the crypto exchanges Coinbase, Kraken, Gemini, and Meta (Facebook and Instagram) in a new initiative called Tech Against Scams. Together, they aim to combat the Pig Butchering scam, which involves building fake online relationships to steal assets. 
Jesse Powell Comments on the Potential FTX Reboot
“FTX 2.0 would be worse than starting from scratch. No team, no tech, no licenses, no banking, tarnished brand. The trustee should just auction off the domain and trademark to the highest bidder. Anything beyond that is simply a fee extraction attack on delusional creditors,” — tweeted Kraken founder.
Who would actually be interested in buying FTX? Q2 Sees Lowest Levels Since 2020
Despite the ongoing rally in June, spot trade volumes in Q2 experienced a substantial decline, reaching their lowest level since 2020, according to Kaiko.
Binance saw the most significant drop in trading activity, with volumes plunging by nearly 70%.
Other exchanges such as Coinbase, Kraken, OKX, and Huobi also witnessed a decline of over 50% in trade volumes. 
Australian Regulator Wins Case Against Kraken
The Australian Securities and Investments Commission (ASIC) won a legal battle against Bit Trade Pty, the local operator of the Kraken exchange. The court found that the company violated regulations by offering margin trading services to Australian clients without the necessary registration since 2021. 
BALD Scammers Move Millions
The BALD project’s scammer team managed to relocate 7000 ETH ($13 million) from Base network into Ethereum.
Not stopping there, they sent 2100 ETH (around $4 million) to the Kraken exchange, possibly gearing up for a grand withdrawal.
Want the full story on this crafty meme coin scam? Read all about it in our detailed article! 
