Everything web3, crypto, defi, degen
Humanity has long relied on physical currency as a medium for representing and transferring value. Some of the earliest examples of coinage date back many thousands of years. The Mesopotamian shekel is widely believed to be the oldest coin. Western Asian tribes first minted the shekel – meaning “weight” – 5,000 years ago. This example…
In 2008, an anonymous researcher (or team of researchers) called Satoshi Nakamoto published a nine-page research paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System.” The document, known as the Bitcoin white paper, presented a new type of digital currency that users could use to transact without relying on financial intermediaries. Soon, people around the world discovered that blockchain…
If you’ve ever tried to explain cryptocurrency to your relatives, you might have found it can be as difficult as trying to teach rocket science to a toddler. Most folks react with skepticism, ridicule or scorn when you try to explain the utility of decentralized digital currencies that have limited supplies and aren’t controlled by…
Kraken is thrilled to share the results of our second 2022 Proof of Reserves audit, which has been expanded to include: BTC* ETH* USDT USDC XRP ADA* DOT* Note: * Indicates Proof of Reserves audit covered assets held both on Kraken’s spot exchange and staking platform A Proof of Reserve audit is a trail-blazing accounting…
November 16, 2021 | News In the fast-paced world of cryptocurrencies, every second counts when you’re moving money around. Building the bridges that allow for seamless transfers from legacy banking platforms to the ever-growing number of blockchain networks is no easy task, but it’s one of our foremost priorities at Kraken. It’s for this reason…
September 24, 2021 | News Kraken is thrilled to announce a commitment to fund Bitcoin’s open-source Rust development ecosystem. In memory of late Bitcoin Rust contributor and former Kraken employee, Tamás Blummer, our internal Tamás Blummer Memorial Fund aims to accelerate the development of Bitcoin Rust libraries. A pioneering entrepreneur involved in several Bitcoin companies,…
Kraken is pleased to announce that deposit fees for more than 70 supported digital assets have been reduced to zero, beginning today. This will make it even easier for seven million clients – and counting – to purchase crypto on Kraken’s premium exchange platform, as well as help Kraken fulfill one of its core objectives:…
“Why do we want a crypto bank to be licensed?” For veteran bankers asking that question, the answer may not be found easily – until they speak with Jan Owen, one of Kraken Bank’s Board of Directors. Speaking the same language to regulators, legislators and veterans of the financial services industry is one of the…
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…
First revealed last September, Kraken is quietly hard at work gearing up to launch Kraken Bank. This exciting new venture is helping to shape the landscape for both Bitcoin and other cryptocurrency services – and the banking industry – well into the future. While we can’t reveal all the details yet, we sat down with…
