Kraken
BlackRock to Use Kraken Subsidiary for Crypto Offering
The asset manager will use CF Benchmarks' bitcoin index.

US Congressman Wants Consumer-Protection Answers From Agencies, Crypto Firms
A subcommittee chairman from the House Oversight Committee sent letters to Binance, Coinbase and other firms questioning them on how they guard against fraud.

Kraken CEO Condemns Tornado Cash US Sanctions
Jesse Powell, CEO of crypto exchange Kraken, has criticized the U.S. Treasury department's blacklisting of crypto mixer Tornado Cash, saying it's "unconstitutional." "The Hash" team digs into Powell's comments and the potential limits of outdated U.S. securities law.

US Fed Opens Pathway for Crypto Banks to Tap Central Banking System
The central bank will create a three-tiered system for evaluating whether a financial institution should have access.

In Crypto Winter, Jesse Powell’s Pirate-King Leadership Style Might Be the New Normal
Less than 1% of employees have taken the CEO’s buyout offer since he laid down the law on culture. Do employees see Kraken as a “based” place to work, or just somewhere to ride out the bear market?
![CEO Jesse Powell says he's trying to insulate Kraken from “people who basically [think] if you don’t agree with them you’re evil.” (Kraken)](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fhotfix%2F4b5920a655bba68af7143048063997d5da82339b-1440x1080.jpg%3Fauto%3Dformat&w=1080&q=75)
Kraken Under Investigation for Alleged Sanctions Violations: Report
The NY Times reported that Kraken allegedly allowed Iranian users onto the platform.

Binance and Kraken Stick to Hiring Plans Amid Market Volatility
While many crypto companies likes Coinbase have laid off employees amid the recent market downturn, Binance and Kraken are tweeting about their plans to continue hiring. “The Hash” discusses the rivalries at play, along with Binance CEO Changpeng Zhao’s latest comments at Consensus 2022.

Binance, Kraken and Polygon Accelerate Hiring in Response to Industry-Wide Job Cuts
Coinbase, BlockFi and Crypto.com are among the crypto-related companies announcing layoffs this week.

Bitcoin Influencer Dan Held Steps Back From Kraken’s Marketing Team
The soon-to-be former marketing director will instead focus on a personal consulting gig.
