News

Kraken Commits to Funding Open-Source Rust Bitcoin Development

September 24, 2021 | News Kraken is thrilled to announce a commitment to fund Bitcoin’s open-source Rust development ecosystem. In memory of late Bitcoin Rust contributor and former Kraken employee, Tamás Blummer, our internal Tamás Blummer Memorial Fund aims to accelerate the development of Bitcoin Rust libraries. A pioneering entrepreneur involved in several Bitcoin companies,…

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Testing Crypto Payments & Staking at Kraken

By: Brett McLain, Director of Engineering – Crypto, Fiat, Staking If you’re interested in cryptocurrencies, payments, or staking and want to help build the financial system of the future, the funding engineering team @ Kraken is hiring! When Kraken launched almost a decade ago, only four cryptocurrencies were supported: BTC, LTC, XRP and NMC.  Today,…

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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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Kraken Leads the Work From Home Movement

One year after COVID changed our lives, many companies are suddenly championing the virtues of remote-first work lifestyles, but for Kraken, it is a part of our founding culture. We’ve taken notice of the corporate micromanagers who swore, ‘no-how, no-way, never’ would they embrace a remote-first workplace, only to recently pull a “180” as top-tier…

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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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Welcome to Kraken Engineering

At Kraken, Engineering and technology innovation have been the lifeblood of our business since our inception. For more than ten years, Kraken has been committed to building a crypto platform with the highest standards for security, performance and reliability. In that time, our people and systems have had to evolve under the enormous pressures of…

News

Kraken Deploys System Upgrades After Surge in Crypto Interest

On January 29, there was unprecedented demand for Kraken services that far exceeded our surge prediction modeling.  For context, $56 billion was traded on our platform in January of this year – more than all the volume transacted for the full year of 2019. This past weekend alone, we saw a 1,000%+ increase in signups. …

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Introducing Four New Account Security Enhancements

As Kraken’s Chief Security Officer, I’ve spent the past two years building one of the most advanced security programs in the cryptocurrency industry.  While most of my work involves hardening our security behind the scenes, I also work with our Product and Engineering team on a roadmap for client-facing features.  One of our goals is…