Everything web3, crypto, defi, degen
We’re thrilled to announce that Kraken now supports new margin pairs for Fantom (FTM), Lido DAO (LDO), Ocean Protocol (OCEAN) and PAXG (PAX Gold)! Fantom (FTM) Fantom is a blockchain-based smart contract platform for developing decentralized applications (dApps). The platform uses a novel consensus mechanism and asynchronous Byzantine Fault Tolerance (aBFT) approach to solve issues…
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…
For the uninitiated or crypto-curious people out there, non-fungible tokens (NFTs) represent one of the more colorful sectors of the cryptocurrency industry. How is it that duplicable, oftentimes wacky pieces of digital artwork can fetch extraordinarily high prices, and why are people flocking to buy these intangible items? It’s certainly a difficult topic to get your head…
Before you dive in, check out the first post in our Kraken NFT Behind the Build Series, The NFT Frontier and our second post, Kraken NFT’s Behind the Build: Global Ingenuity. NFTs go far beyond mere JPEGs. Kraken NFT is helping to establish the foundations of what’s to come for DeFi and the crypto space. This vision for…
We are thrilled to announce that Kraken NFT has moved to Public Beta and is now open to all clients! Following today’s earlier launch of Kraken Pro, clients will now benefit from two new and unique services, demonstrating Kraken’s commitment to accelerating the adoption of cryptocurrency. After opening Kraken NFT for a private group of…
Over the last decade, countless critics have pointed the finger at Bitcoin as being nothing more than an intelligently-orchestrated Ponzi scheme. Detractors like Brazilian computer scientist Jorge Stolfi argue that the leading decentralized cryptocurrency bears all the hallmarks of a scam named after Italian swindler Charles Ponzi. The question whether or not cryptocurrency in general…
Bouncing back from September’s performance, October 2022 trended positively for cryptoassets overall. All sectors saw positive returns ranging between +1% to +69% as BTC and ETH gained +6% and +20% respectively over the course of the month. While the green candles piled up across all sectors, DeFi assets saw mixed returns, ranging from -17% to…
Following Kraken’s listings of Altair (AIR), Basilisk (BSX), Bifrost (BNC), Karura (KAR), KILT (KILT), Kintsugi (KINT), Moonriver (MOVR), Phala (PHA) and Tokemak (TOKE) for most countries, Kraken is excited to announce the availability of these tokens for residents of the United States and Canada! Funding and Trading Funding and trading are live. Keep an eye…
Hot on the heels of August, September 2022 also trended negatively for cryptoassets overall. Based on market capitalization, all sectors saw negative returns for the month, ranging from -14% to -1%. Following the overall crypto market trend, NFT market activity also slowed in August. Average daily users and average daily transactions fell -5.7% and -3.1%…
We’re thrilled to announce that Kraken now supports Coin98 (C98), Galxe (GAL), Rocket Pool (RPL), Stargate Finance (STG) and Synapse (SYN)! Funding and Trading Funding is live, and trading will begin on September 29 at approximately 14:30 UTC. Keep an eye on the status page for updates. You can add these tokens to your Kraken…
