News

Happy holidays and happy new year!

Best wishes to all our clients and the crypto community for happy holidays and a great new year! Here’s a look back at some of the major Kraken milestones of 2016. It was a year of major growth for Kraken with four landmark acquisition deals and many new exciting digital assets added to the platform.…

News

Security Advisory: Mobile Phones

Heed this or perish. Let’s begin with the assumption that within 24 hours your usual mobile phone number will be hijacked by social engineers.  They will use your number to gain access to every account you own that utilizes phone-based authentication and account recovery, like your email.  They will then use that access and information…

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Zcash (ZEC) coming soon to Kraken

October 27, 2016 | News, Product Zcash (ZEC) trading is coming this Friday, October 28! What is Zcash? Perhaps the most hotly anticipated digital asset of 2016, Zcash has a highly regarded development team and investment from major VC firms (Pantera, Fenbushi, and The Digital Currency Group) and Bitcoin VIPs (Roger Ver, Erik Voorhees, Barry…

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On the Ethereum hard fork

The Ethereum community has elected to do a hard fork in order to resolve the DAO exploit. The MainNet block on which the hard fork will occur is set at 1920000, which should be reached on July 20 or 21 depending on your time zone. In an email statement to clients last week about the hard…

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Kraken to support DAO trading

May 26, 2016 | News Kraken will add The DAO tokens to the growing list of assets supported on its global, cutting edge and low fee trading platform. The DAO tokens will trade under the abbreviation “DAO” with the following trade pairs available at launch: DAO/XBT (bitcoin) DAO/ETH (ether) DAO/EUR (euro) DAO/USD (US dollar) DAO/CAD…

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Kraken Announces Major Update in MtGox Claims Investigation

We are pleased to share major news from Tokyo’s court-appointed trustee in the investigation of claims from MtGox creditors. During a scheduled and long-awaited Creditor’s Meeting in Tokyo, Trustee Nobuaki Kobayashi announced today that 24,750 creditors have filed claims to date. The total amount claimed to date was 263,519,268,303,371 JPY, or about $2,411,412,137,427 USD. 263,473,658,709,868…

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Kraken adds support for the Ethereum Standard DAO Framework

April 23, 2016 | News, Product You can now access the full power of the Ethereum network from Kraken’s platform! We have added a data field for ether withdrawal addresses that is capable of interacting directly with the Ethereum blockchain, including existing DAOs (Decentralized Autonomous Organizations) and existing smart contracts. Support for deposits from Ethereum…

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Kraken Receives Series B Investment From Money Partners Group

We are pleased to announce an investment from Money Partners Group, one of Japan’s leading foreign exchange brokerages, in the Kraken Series B round of financing. Tokyo-based Money Partners Group is listed on the 1st Section of the Tokyo Stock Exchange and holds a current market cap of over ¥29 billion, or over $260 million…

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Kraken Inks Multi-Million Dollar Deal With SBI Investment To Lead Series B

Today global bitcoin exchange Kraken announced a multi-million dollaragreement with SBI Investment, one of Japan’s leading and most respectedventure capital firms, to invest in and lead the Series B round offinancing in Kraken. SBI Investment is the venture capital arm of SBIHoldings, the world’s first Internet-based financial conglomerate. Theterms of the deal were not disclosed.…