News

Kraken Breaks New Ground with First-of-its-Kind Parachain Auction Platform

Clients looking to support their favorite Kusama projects can now, for the first time, participate in Parachain Slot Auctions (or ‘Parachain Auctions’ for short) directly from the Kraken platform.  Key points to note:1. Parachain auctions are not available to residents of the US, Canada, Japan and Australia. 2. Only verified Intermediate accounts and higher are…

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BNT, SUSHI and ANKR trading starts May 24 – Deposit Now

Kraken is supporting three new assets: Bancor (BNT), Sushi (SUSHI) and Ankr (ANKR).  Deposits for all three assets are available starting now  Trading will begin on May 24 at approximately 15:30 UTC for all assets  Effective today, trading is also live for SAND, ENJ and LPT. Kraken now offers trading on more than 60 digital…

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Meet The Kraken Bank Executive Team: COO Michael Giorgio

When is the last time a bank put customer needs, security and open access to all first? David Kinitsky, Kraken Bank CEO, outlined eight reasons why consumers need a customized banking structure that modernizes the products and services we all utilize on a daily basis. To design the blockchain-based system that will be “more secure than…

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Oxidizing Kraken: Improving Kraken Infrastructure Using Rust

Simon Chemouil  –  Director of Engineering, Core Backend For more than two years now, Kraken’s Core Backend team has been using Rust to modernize services originally written in PHP, while building new products, expanding the feature set and supporting the ever expanding increase in cryptocurrency trading activity. Hi 👋! I’m Simon, the Director of Engineering…

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Kraken Deploys System Upgrades After Surge in Crypto Interest

On January 29, there was unprecedented demand for Kraken services that far exceeded our surge prediction modeling.  For context, $56 billion was traded on our platform in January of this year – more than all the volume transacted for the full year of 2019. This past weekend alone, we saw a 1,000%+ increase in signups. …

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API Traders: Introducing Cancel Only Mode

December 4, 2020 | Product We are pleased to announce the launch of a new feature that has been requested by many of our API traders – Cancel Only Mode.   API traders frequently update their orders, adding or canceling orders in response to changes in price or the order book. Since their trading strategy depends…

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Inside Kraken Security Labs: Flaws Found in CoolWallet S Hardware Wallets

At Kraken Security Labs, we try to discover attacks against crypto users before the bad guys do.  The CoolBitX CoolWallet S is a credit-card sized wallet that pairs with mobile phone applications (both Android and iOS) via Bluetooth. We recently discovered the CoolWallet S Android application stores the wallet’s PIN, pairing password, and hardware seed…