Everything web3, crypto, defi, degen
In brief The White House proposed Congress consider drafting legislation that would force U.S. residents and companies to report foreign crypto accounts on their taxes. Not doing so could disadvantage U.S.-based crypto companies, the Trump administration said in a highly anticipated crypto report published Wednesday. The 168-page report also included recommendations related to crypto banking,…
In brief Interest rates have remained between 4.25% and 4.50% since the last rate cut in December. The Federal Reserve’s has remained cautious amid unsettling inflation signs. Bitcoin has traded largely below $120,000 since reaching a record high near $123,000 earlier this year. Bitcoin ticked down only slightly after the U.S. central bank left the…
In brief A White House official said that Wednesday’s much-anticipated crypto report will make no mention of a federal Bitcoin reserve or digital asset stockpile. They said more information on the topic will come “probably in short order.” President Trump had requested that information about a crypto stockpile be included in today’s report, which was…
Following up on our recent announcement about the infrastructure transition, we need to address another important aspect of our operations that requires new stewardship: our social media accounts and blog management.As we mentioned in our previous post, the funding we received through the CFPs has been exhausted. This affects not just our infrastructure services, but…
Kraken is in build mode. We are creating a multi-asset platform that enables anyone to trade anything, anytime, anywhere. In Q2, our pace accelerated — new products launched, global access expanded and infrastructure scaled. We are pushing the envelope on geo expansion and establishing ourselves as the infrastructure provider that will power the next generation…
July 30, 2025 | Margin, Pro Kraken is doubling down – literally – on trader empowerment. By increasing margin trading leverage from 5x to 10x on select pairs, we’re giving experienced traders more flexibility, efficiency, and capital power than ever before. Margin leverage is increasing for five of our most popular crypto assets: BTC, ETH,…
At Kraken, transparency isn’t a slogan – it’s a standard. Our latest Proof of Reserves (PoR) audit, finalized as of June 30, 2025, once again verifies that client assets held on our platform are backed 1:1 and beyond. The process covers major cryptoassets, including BTC, ETH, SOL, USDC, USDT, XRP and ADA. We don’t expect…
In brief Crypto exchange Kraken reportedly aims to raise $500 million in a funding round at a $15 billion valuation. The fundraising comes amid an expected initial public offering (IPO) in early 2026. Many of Kraken’s peers have made similar moves toward IPOs in recent months, which experts attribute to a more favorable regulatory environment…
In brief Indonesia’s new tax policy imposes a 1% levy on offshore crypto transactions, while domestic trades face an increased 0.21% rate. The overhaul eliminates VAT for crypto buyers and raises mining VAT to 2.2%, with standard income tax rules coming in 2026. Decrypt was told the tax hike could deter high-volume or frequent retail…
When the market’s hot, having a plan is half the profit. That’s the mindset pro trader Dentoshi brought to our latest live session, hosted by Kraken’s VP Growth, Matt Howells-Barby. In front of thousands of live viewers, Dentoshi opened up her process for preparing to trade in bullish market conditions – from weekly reviews and…
