Kraken
Kraken business and news from across the web.
Latest coverage
ICON pulls the plug Dec. 31, sealing the last chance to swap ICX for SODA
The ICON Network will cease operations on December 31, 2026, marking the final opportunity for users to swap their ICX tokens for SODA at a 1:1 ratio. Trading and funding for ICX have already stopped on Kraken, with automatic swaps for customers. Holders who self-custody their ICX must manually migrate their tokens before the December 31 deadline to avoid losing them on the defunct network.
FIFA’s Onchain Ticket Experiment Hits the NYSE, One Day After the World Cup Final
FIFA's blockchain ticketing experiment, utilizing Ava Labs' Avalanche technology, was showcased at the New York Stock Exchange shortly after the World Cup final. The system issued over 100,000 'Right-to-Buy' tokens, processing more than $25 million in transactions, with resale value flowing back to FIFA. This innovative approach to ticketing is currently under examination by regulators in Switzerland, New York, and New Jersey.
WEMIX Token Begins Trading on Kraken Today
Wemade's blockchain division, WEMIX, has successfully listed its token on the global cryptocurrency exchange Kraken. This listing marks a significant step in WEMIX's strategy to expand into international markets and rebuild credibility following its delisting from South Korean exchanges. The company is also diversifying into fintech, focusing on areas like cross-border payments and stablecoins.