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News linked to both this project and an event.

Kraken briefly experienced trading and withdrawal outages, official says issue resolved

community users noticed Kraken experienced a period earlier where trading or withdrawals were unavailable.Kraken officially posted at 10:42 announcing: "We are investigating an issue affecting spot and derivatives clients connecting to the platform and submitting orders through all web, mobile applications, and REST and WebSocket connections. We are working to resolve the issue and will provide updates as more information becomes available."At 11:42, Kraken posted another update on progress, stating the issue had been resolved.OneKey founder Yishi commented on the matter: "Looks like Kraken had an issue just now too. Trading and withdrawals were unavailable, and the entire exchange went into 'post-only' mode. It's recovered now, but it really gave me a scare. Right now, attacking is far easier than defending. We must devote all our efforts to security. Full 'fortress mode' engaged."

CF Benchmarks Launches On-Chain Pricing Service, Bringing BlackRock Bitcoin ETF Index Data On-Chain

Odaily reports: CF Benchmarks, the index provider under Kraken's parent company Payward, has launched CFB Oracle, bringing pricing benchmarks for BlackRock's Bitcoin ETF and CME Group cryptocurrency futures into blockchain applications. The service provides benchmark data across cryptocurrency, equities, bonds, commodities, and forex markets, enabling developers to build products such as on-chain index funds, tokenized portfolios, and derivatives.CF Benchmarks states that its indices currently serve products representing over $120 billion in assets. CFB Oracle now supports Ethereum, HyperEVM, and Robinhood Chain, with plans to expand to other compatible networks in the future. Payward also plans to use the service to provide pricing data for its upcoming U.S. perpetual contract product, which is still awaiting regulatory approval. The service will compete with oracle providers such as Chainlink and Pyth. (CoinDesk)

Kraken parent company Payward plans to deploy a CFTC-regulated perpetual futures market through Hyperliquid.

Hyperliquid officially announced that Payward, the parent company of Kraken, plans to use Hyperliquid as underlying infrastructure to deploy a perpetual futures market for U.S. users, becoming the first institution to deploy CFTC-regulated trading products on the HIP-3* market. The specific plan still requires regulatory approval.

Kraken's parent company receives in-principle approval in Kazakhstan to provide crypto trading and custody services

Payward, the parent company of Kraken, has received an in-principle approval from Kazakhstan's AFSA. It plans to provide digital asset trading, investment trading, and custody services through Payward Kazakhstan at the Astana International Financial Centre. Upon securing the final license, local users will also gain access to Kraken's global order book and major market liquidity.

Inquiry into purpose of holding has been withdrawn, Kraken maintains XMR listing

Odaily reports: Arjun Sethi posted that Kraken's inquiries to Monero (XMR) buyers regarding employer, source of funds, and purpose of holding were improper. The relevant inquiries have been withdrawn, customers are not required to provide information, and the question about the purpose of holding has been canceled. Kraken still retains source-of-funds verification, and XMR remains listed for trading; Kraken does not accept XMR deposits, users in the European Economic Area and the United Kingdom cannot trade, and users in Canada and Australia cannot deposit, hold, or trade.

Kalshi and Polymarket crypto event contracts hit a record $2.7 billion in weekly trading volume, with 15-minute BTC price predictions emerging as a new hotspot

According to Dune data, nominal trading volume for crypto-related event contracts on Kalshi and Polymarket reached $2.7 billion last week, setting an all-time high. Bitcoin short-term up/down contracts were particularly active, with Kalshi's 15-minute Bitcoin price prediction contracts seeing single trades exceeding $1 million, and some traders using trading bots to capture opportunities in the final seconds before contract expiration.Cryptocurrency has now become the second-largest trading category on both platforms after sports. Crypto trading platforms including Coinbase, Crypto.com, Gemini, and Kraken are expanding their businesses by applying for relevant licenses or partnering with prediction markets. Meanwhile, declining spot trading volume on centralized exchanges is also pushing crypto platforms to seek business diversification. However, as multiple U.S. states mount legal challenges against sports-related prediction contracts, the regulatory trajectory could also affect the industry's development. (Bloomberg)

Lobbying Spending Drops Quarter-over-Quarter, but Coinbase and Other Institutions Still Spent Over $4 Million in Q3

Odaily报道 — After the CLARITY Act stalled in the U.S. Senate in September, Coinbase and several major crypto industry organizations saw their federal lobbying spending in the third quarter decline compared with the second quarter, but total spending for the quarter still exceeded $4 million and has remained above that level for six consecutive quarters. The bill was intended to establish a regulatory framework for the digital asset market. Internal industry disagreements over stablecoin yield business, pressure from traditional banking groups, and controversy over ethics provisions concerning politicians' crypto asset interests were seen as factors behind the bill's failure to pass. In the first half of 2026, the crypto industry invested more than $8 million to advance market structure legislation, with Coinbase spending about $2.2 million, Kraken nearly $1 million, and some lobbying firms terminating their partnerships with crypto industry clients in the third quarter.

Kraken will acquire EU-regulated Saldo Bank, with the deal expected to be completed in 2027.

According to The Financial Times, Kraken will acquire EU-regulated Saldo Bank, with the transaction expected to be completed in 2027.

Kraken parent company Payward receives full market approval from Dubai's VARA, set to launch dirham trading

Odaily News: Cryptocurrency exchange Kraken's parent company Payward has received full market approval from the Dubai Virtual Assets Regulatory Authority (VARA), with its local entity Payward FZCO obtaining a virtual asset service provider license, allowing it to offer crypto asset services in the UAE. The approval builds on preliminary approval obtained in May 2026.Payward stated that Kraken's UAE clients will be able to use spot and margin trading pairs denominated in UAE dirhams within the coming weeks, with support for direct deposits and withdrawals. The services will be available to retail investors, professional investors, and institutional investors.VARA's public registry shows that Payward FZCO was approved on October 6 to provide asset management and investment services, as well as broker-dealer services. The number of licensed service providers currently registered with Dubai's VARA stands at 58, up from 49 in May 2026. (Cointelegraph)

Kraken receives final regulatory approval from Dubai, plans to officially launch in the UAE market within weeks.

According to The Block, Payward, the parent company of Kraken, has received final regulatory approval from Dubai and plans to officially launch exchange services in the UAE within the coming weeks. Kraken will offer spot and margin trading, staking, xStocks, and Krak transfers denominated in AED (UAE dirham), as well as institutional OTC spot trading and Kraken Prime services. The crypto derivatives business remains pending further regulatory approval.

Kraken is investigating an issue affecting some users' margin data displays

Odaily report: Crypto trading platform Kraken is investigating an issue affecting some users on its App and web platforms, where affected users may see incorrect margin data. The specific scope of impact and progress on the fix have not yet been disclosed. (Cointelegraph)

Nasdaq CEO: Tokenization Could Unlock Billions in Trapped Capital Across the Global Financial System, AI Is Crucial for 24/7 Trading

Odaily News: At TOKEN 2049 Singapore, Nasdaq CEO Adena Friedman stated that tokenizing Treasuries, equities, money market funds, and cash could enhance collateral liquidity and unlock billions of dollars in trapped capital across the global financial system. Institutional interest in tokenization has grown significantly over the past year, partly driven by the U.S. GENIUS Act establishing a regulatory framework for stablecoins. She noted that institutional interest is converging with retail demand for round-the-clock trading, with the retail ecosystem roughly 10 years ahead, but moving toward a fully 24/7 market is a massive undertaking for the financial industry, requiring risk and collateral management to operate continuously in real time. She also pointed out that AI is crucial for 24/7 trading, and Nasdaq has already launched digital agents on its risk management platform, initially providing recommendations, with banks potentially using them in the future to take more direct actions. Kraken co-CEO Arjun Sethi said that companies outside the U.S. are also highly interested in tokenization and accessing U.S. capital markets, including a company with approximately $25 million in revenue and larger international firms. Friedman cautioned that not all assets have sufficient liquidity to support a 24/7 trading environment.

U.S. community bank organization sues OCC, seeking to block crypto firms from entering the banking system through trust charters

Odaily News: The Independent Community Bankers of America (ICBA) filed a lawsuit on Friday against the Office of the Comptroller of the Currency (OCC) in the U.S. District Court for the District of Columbia, challenging its authority to grant national trust bank charters to crypto firms and asking the court to vacate the final rule dated March 2, 2026, and Interpretive Letter No. 1176.ICBA President and CEO Rebeca Romero Rainey said the charters give crypto firms the credibility of a federal bank charter without requiring compliance with federal deposit insurance, capital and liquidity standards, and the Community Reinvestment Act. The ICBA also seeks to revoke Protego Holdings' conditional charter, citing deficiencies in its governance and risk controls.The lawsuit involves digital asset firms that have applied for or obtained OCC charters, including Circle, Ripple, Paxos, Fidelity, BitGo, Kraken parent company Payward, Block, and World Liberty Financial. Senator Elizabeth Warren separately accused the approvals of being unlawful, drawing pushback from the industry; the OCC plans to complete stablecoin rules under the GENIUS Act by November. (Decrypt)

Payward Plans to Offer Onchain Perpetual Contract Trading to U.S. Users via Hyperliquid

Cryptocurrency exchange Kraken's parent company, Payward, plans to offer onchain perpetual contract trading to U.S. users through Hyperliquid. Its Bitnomial exchange, which is regulated by the U.S. Commodity Futures Trading Commission, will create and manage the relevant markets, and the plan is still pending regulatory approval.Customer accounts will be hosted by NinjaTrader Clearing and will be limited to users who pass its whitelist review with Bitnomial. Digital asset management firm Grayscale said that if the relevant markets pay protocol fees to Hyperliquid, the new trading activity could increase funds for HYPE token purchases. (Bitcoin.com News)

Kraken Co-CEO Criticizes U.S. Crypto Regulatory Stance, Calls Europe's MiCA More Mature

Odaily reports: David Ripley, Co-CEO of U.S. cryptocurrency exchange Kraken, stated that Europe has taken a more pragmatic approach to crypto regulation, with the Markets in Crypto-Assets Regulation (MiCA) providing clarity on market rules. In contrast, the U.S. regulatory environment is more adversarial.Ripley noted that the CLARITY Act has been slow to advance, with related efforts ongoing for years. He believes that if the U.S. continues to delay pushing forward crypto regulatory legislation, it may cede its leadership in financial innovation to the European Union.Kraken obtained a MiCA license from the Central Bank of Ireland (CBI) in June 2025, allowing it to operate across all 30 member states of the European Economic Area (EEA). (Bitcoin.com News)

Trading entry moves upfront: Kraken joins X's Cashtag program

Kraken joined X's U.S. Cashtag partner program on September 16. After users click on ticker tags such as BTC on X, in addition to viewing related posts and price charts, they can also follow a trading link to jump to the Kraken app or website, where they can log in or sign up to complete a purchase, with the transaction still executed on Kraken's side. A 2024 experiment by the UK Financial Conduct Authority involving more than 9,000 consumers showed that push notifications increased trading volume by 11%, while points and sweepstakes increased trading volume by 12%.

Payward Announces Plans to Launch Hyperliquid-Based On-Chain Perpetual Futures for U.S. Customers

According to an announcement on Payward's official website, Payward, the parent company of Kraken, has announced plans to deploy on-chain perpetual futures products to U.S. customers via the Hyperliquid HIP-3 market, becoming the first registered exchange or clearing agency to launch a market on the protocol for U.S. clients. Payward's CFTC-regulated entity Bitnomial will serve as the HIP-3 deployer, responsible for creating, managing, and clearing and settling contracts. NinjaTrader Clearing will take charge of client accounts, restricting participation exclusively to users who have completed the NinjaTrader account opening process and passed the whitelist review.

Payward Secures $100M Investment from Nasdaq, Valuation Reaches $21B

Odaily News: Kraken's parent company Payward has announced a $100 million investment from Nasdaq, with a post-investment valuation of $21 billion. Nasdaq stated that this investment will deepen collaboration between the two parties in digital asset custody and token infrastructure. Nasdaq has already established a digital assets division around related businesses. Kraken already operates a UK-regulated business overseen by the Financial Conduct Authority, and has completed its acquisition of NinjaTrader for $1.5 billion to expand its futures trading business. Payward's listing remains in the planning stage, with no application filed yet.

Trump: Pushing Hyperliquid to Enter the U.S. Market in a Compliant Manner

Odaily News – U.S. President Trump stated that his administration is pushing the decentralized perpetual contract trading platform Hyperliquid to enter the U.S. market in a "fully compliant and legal manner." Last month, Trump said the U.S. Commodity Futures Trading Commission (CFTC) would work to facilitate Hyperliquid's entry into the U.S. market. Subsequently, Payward, the parent company of Kraken, announced it is cooperating with the CFTC to offer registered U.S. users certain crypto perpetual contract products related to Hyperliquid's market and its underlying Layer 1 blockchain through the CFTC-regulated platform Bitnomial.Nansen research analyst Nicolai Sondergaard believes this arrangement could allow Hyperliquid to provide some of its underlying technology, liquidity, or market design without directly opening its existing platform to U.S. users—essentially building a standalone U.S. market product around Hyperliquid's infrastructure. He noted that U.S. users may have access to fewer markets, lower leverage, and more conservative risk controls. At the same time, he opposes comprehensive KYC implementation, arguing that a one-size-fits-all KYC approach would undermine legitimate users' privacy and permissionless access rights, and would push liquidity toward offshore markets.

Mantle officially launches USDG and becomes a partner of Global Dollar Network

According to official announcements, Mantle has announced that USDG, a US dollar stablecoin issued by Paxos, has officially launched, becoming one of the first native stablecoins on the Mantle network. This integration establishes Mantle as a partner of the Global Dollar Network (GDN). Mantle will directly participate in GDN's reward-sharing mechanism, standing alongside over 150 partners, including Robinhood and Kraken, to drive user growth. As one of the few stablecoins subject to dual regulation under both the Monetary Authority of Singapore (MAS) and the European Union's MiCA framework, USDG currently has a circulating value exceeding $3.5 billion. One of Mantle's missions is to introduce more institutional-grade assets, including tokenized equities, yield-bearing stablecoins, and tokenized funds, thereby providing borderless investment access for everyone. The integration of USDG will further advance Mantle's development into an open financial network bridging institutional players and users. According to reports, the addition of USDG further enriches Mantle's existing portfolio of institutional-grade assets, which includes Agora's AUSD, Ethena's USDe, Ondo's USDY, and Tether's USDT0, among others. Over the past year, Mantle's stablecoin TVL has surpassed $982 million, with RWA T