According to ChainCatcher news, on-chain analyst Yu Jin monitored that an address transferred nearly 12,000 ETH (worth about 40.17 million USD) to Kraken exchange 30 minutes ago. These ETH were withdrawn from Kraken on June 4 at a price of 3,759 USD each. Although ETH has rebounded 17% from its low in the past week, if sold now, the address would still incur a loss of 4.95 million USD, approximately 11%.

ChainCatcher news, on-chain analyst Yu Jin tweeted that a whale who participated in the Ethereum ICO in 2015 and holds 254,900 ETH (ICO price of $0.311) has transferred 7,000 ETH (approximately $24.28 million) to Kraken exchange 15 minutes ago after being silent for 209 days. The whale currently still holds 40,000 ETH (approximately $139.5 million).

ChainCatcher message, according to Whale Alert monitoring, 77.9 million USDT was transferred from the cryptocurrency exchange Kraken to Tether Treasury around 20:12 today.

ChainCatcher message, according to Whale Alert monitoring, at 16:46:07 Beijing time today, 453,344 SOL (approximately $18,768,952) was transferred from an unknown wallet to Kraken.

ChainCatcher message, the Status page of the cryptocurrency exchange Kraken shows that it is investigating several issues with crypto funding gateways, including major gateways such as BTC, ETH, and ERC-20, where deposits and withdrawals are experiencing delays. A fix has been implemented and results are being monitored. (Source link)

ChainCatcher News: A joint hearing on digital asset regulation hosted by the U.S. House Committee on Agriculture and the House Committee on Financial Services will take place on May 10 at 09:30 ET (May 10 at 20:30 Beijing time). The theme of the meeting is "The Future of Digital Assets: Assessing the Regulatory Gaps in the Digital Asset Market." This hearing will establish new, purpose-driven cryptocurrency rules.The list of participants includes Andrew Durgee, head of Republic Crypto; Marco Santori, Chief Legal Officer of the cryptocurrency exchange Kraken; Daniel Schoenberger, Chief Legal Officer of the Web3 Foundation; Timothy Massad, Senior Fellow at Harvard Kennedy School; and Michael Blaugrund, Chief Operating Officer of the New York Stock Exchange. (Source link)

ChainCatcher news, according to Cryptoslate, the cryptocurrency exchange platform Kraken has obtained a Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland. Kraken stated that this approval demonstrates its compliance with strict anti-money laundering and counter-terrorism financing regulations, and added that the license is proof of its robust compliance. (Source link)

ChainCatcher news, Nansen data shows that after the upgrade in Shanghai introduced the ETH withdrawal feature, the cryptocurrency exchange Kraken has requested to withdraw over 556,000 ETH (worth $1 billion), accounting for 63.5% of the 860,000 ETH currently queued for withdrawal.Kraken previously announced that, due to regulatory reasons, it would automatically begin to unstake all Ether for its U.S. customers. This followed the U.S. Securities and Exchange Commission (SEC) accusing Kraken of failing to register its staking program in the U.S., and Kraken agreed to pay a $30 million fine. (source link)

ChainCatcher news, JieData monitoring data shows that a whale address starting with 0xdfb6 transferred $52 million worth of ETH to Kraken exchange, with an average transfer price of $1755.The ETH from this address was purchased from Bitfinex in September 2017 and March 2019, with an acquisition cost of around $200. The current ETH balance of this address is 30,302 coins. (Source link)

ChainCatcher news, cryptocurrency exchange Kraken has sent an email statement to its Russian customers announcing that it will cease providing services to them in order to comply with the latest EU sanctions against Russia. According to the email, Russian users can withdraw their funds as requested.Previously, due to EU sanctions, cryptocurrency exchanges such as Blockchain.com, Crypto.com, and LocalBitcoins have restricted Russian accounts. (Cointelegraph)