Everything web3, crypto, defi, degen
The end of the tax year is fast approaching, and the clock is ticking for crypto holders to report their transactions to the Internal Revenue Service (IRS). In a bid to clamp down on crypto tax evasion, the IRS modified its terminology this year from “virtual currency” to “digital assets.” The new change encompasses all…
We’re thrilled to announce that Kraken now supports deposits and withdrawals of Ethereum (ETH) on Arbitrum! Arbitrum is a Layer 2 (L2) blockchain protocol built on top of the Ethereum blockchain that allows Ethereum transactions to be processed more efficiently. By increasing the amount of transactions Ethereum can process, as well as the speed with…
January 25, 2023 | Asset Listings, Product We’re thrilled to announce that Kraken now supports deposits and withdrawals of Dai (DAI), USD Coin (USDC) and Tether (USDT) on the Polygon Network! Polygon is a Layer 2 scaling solution for Ethereum that aims to improve the speed and reduce the costs and complexities of transactions on…
After first announcing our support for the Flare (FLR) token distribution event on December 11, 2020, we are pleased to announce that eligible XRP token holders will begin receiving FLR on January 10, 2023. The snapshot of XRP balances took place on December 12, 2020 at approximately 12 am UTC (the first validated XRP ledger…
After several months of headwinds for the crypto space, the historical collapse of Sam Bankman-Fried’s FTX crypto exchange in early November added fuel to the bear market’s fire. While FTX’s collapse has negatively impacted many actors in the industry, the true extent of the collateral damage from this debacle is only beginning to surface. The…
We’re thrilled to announce that Kraken now supports new margin pairs for Tether (USDT), USD Coin (USDC) and Dai (DAI)! Trading Margin trading is now available for: Pair base Pair name Available leverage Long position limit Short position limit USDT USDT/GBP 4 200,000 USDT 200,000 USDT USDT/CHF 4 100,000 USDT 100,000 USDT USDT/CAD 4 150,000…
We’re thrilled to announce that Kraken now supports Adventure Gold (AGLD), API3 (API3), Lido DAO (LDO), Numeraire (NMR), iExec (RLC), KeeperDAO (ROOK), Threshold Network (T) and Wrapped Ether (WETH)! Funding and Trading Funding is live, and trading will begin on May 5 at approximately 14:30 UTC. Keep an eye on the status page for updates.…
We’re thrilled to announce that Kraken now supports Alchemix (ALCX), Barnbridge (BOND), Jasmy (JASMY), Mask Network (MASK), Render (RNDR), Spell Token (SPELL), Tribe (TRIBE) and Universal Market Access (UMA)! Funding and Trading Funding is live, and trading will begin on April 1 at approximately 14:30 UTC. Keep an eye on the status page for updates.…
We’re thrilled to announce that Kraken now supports Convex Finance (CVX), Frax Share (FXS), Multichain (MULTI), Powerledger (POWR), PlayDapp (PLA), Quant (QNT), Rubic (RBC), SuperRare (RARE) and Tokemak (TOKE)! Funding and Trading Funding is live, and trading will begin on March 29 at approximately 15:30 UTC. Keep an eye on the status page for updates.…
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…
