Cryptocurrencies

A $92 Billion Crypto Profit Maker Is in Line for a Shake-Up

  • SEC crackdown targets Kraken, with Coinbase possibly next
  • Staking is vital for exchange revenue in crypto bear market

The Kraken website.

Photographer: Tiffany Hagler-Geard/Bloomberg
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A lucrative corner of crypto that’s fast becoming the lifeblood of the way many networks operate got a shock to the system this week.