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Busting Crypto Myths: “Bitcoin is Destroying the Environment”

Bitcoin’s appetite for energy needs little discussion. For years it’s been a top-of-mind topic for regulators, a major concern among critics, and a frequently misreported feature of the protocol. The specific point of contention lies with bitcoin mining — a resource-intensive, cryptography-based competition that repeats approximately every ten minutes. Each winner is rewarded with transaction…

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Community Based Investing – A Paradigm Shift For The Markets

Millions of people worldwide are seeking to break free from the old way of investing. Today, investors have charts, real-time news, communities and commission-free trading platforms guiding their financial decisions and behaviors.  Millions of people are looking to crypto for a better user experience. Crypto markets have democratized information sharing, provided open, 24/7/365 access to investments,…

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History In The Making? – March 2021 Market Recap & Outlook

VIP clients are the first to receive Kraken Intelligence reports. If you’d like access to our newsletter or want to start trading, get the resources crypto investors worldwide trust.  After six straight months of double digit returns for Bitcoin (BTC), some investors are wondering, is this the start of another 2017-style crypto market rally? Certainly,…

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NFTs: How Licensing Technology Furthers Art’s Revolution

Humans have always loved making and displaying art. Deep within a cave in modern-day Spain lies a Neanderthal hand stencil that scientists have radiocarbon dated to 64,000 years – it’s the oldest known example of art anywhere in the world.  Over the past 60,000 years, human creative expression has expanded into a plethora of mediums,…

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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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Update on Ethereum 2.0 Staking Rewards

Last month Kraken launched its Ethereum 2.0 staking service, which makes it easy for ETH holders to earn rewards of approximately 5% or more and help support the upgrade to Ethereum 2.0.  Staking is an opportunity that is only appropriate for clients who want to hold their ETH long-term, because staked ETH cannot be unstaked…