Everything web3, crypto, defi, degen
By Nick Percoco, Kraken Chief Security Officer When criminals obtain your username and password, whether via a phishing email or a 3rd party leak, they quickly attempt to compromise your accounts and extract funds. Kraken is dedicated to offering the most advanced security features to protect your assets from unauthorized access. This blog post delves…
IRS tax season is officially open in the United States. April 15, 2024 is the deadline for crypto holders to report their 2023 transactions to the Internal Revenue Service (IRS). The 2023 tax year includes any activity between January 1, 2023 and December 31, 2023. Late filings, failure to pay taxes owed and crypto tax…
Financial fraud has been a part of transactional business since the dawn of transactional business. If you were unfortunate enough to have been on the other side of an insurance deal with Hegestratos, he would have had you insure the corn cargo on his ship – then removed the corn, sold the corn, sank the…
In 2008, an 8-page white paper outlined a new form of money. Today, we celebrate the 15th anniversary of Bitcoin. On October 31, 2008, an anonymous entity named Satoshi Nakamoto published a white paper for a decentralized, “peer-to-peer electronic cash system.” The Bitcoin white paper was a direct response to the systemic weaknesses laid bare…
So as Sam Bankman-Fried stands trial for wire fraud, securities fraud, commodities fraud, money laundering and campaign finance violations, let’s remember one thing above all else: crypto itself is not on trial. Bitcoin is a technological fortress built to endure, and no amount of speculative narratives or individual fallibility could ever change that. After FTX’s…
For centuries, people have collected things. Some of these things may be nostalgic items like ticket stubs or lucky coins. Others might be especially rare items, like classic cars or limited-edition vintage watches. In many ways, the things we collect become a reflection of who we are. Whether they are physical objects we hold in…
Pizza parties rarely need an explanation. But pizza parties on Bitcoin Pizza Day deserve one. Thirteen years ago today, Laszlo Hanyecz created a thread in the bitcointalk.org forum titled Pizza for bitcoins? After some explanation and much discussion, Hanyecz found someone willing to buy him two pizzas (valued at ~$41) in exchange for his 10,000…
Since the crypto market took off in 2021, many non-fungible tokens (NFTs) are now changing hands for dizzying sums of money. To date, the ten most expensive NFTs sold at auction have fetched between $7 million and $91.8 million. That’s higher than the average price of Claude Monet’s artwork ($80.5 million) and many other pieces…
A new viral meme coin is taking the crypto market by storm and it’s led by a weird-looking frog. On April 19th, a new cryptocurrency project launched in homage to the well-loved Pepe the Frog. Pepe is a green, amphibious cartoon character that originated from a 2005 comic entitled The Boy’s Club, created by Matt…
One of the most misunderstood aspects of non-fungible token (NFT) ownership has steadily turned into one of its biggest draws. While some are solely focused on the media the NFTs represent, others are exploring what it means to be the rightful owner of that piece of media. Within most NFT collections, there is a fixed…
