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How Kraken Wallet addresses challenges in mobile crypto security

We believe that the most secure mobile crypto wallet is one that overcomes the inherent constraints of its mobile operating system. For instance, on iOS, Apple’s CryptoKit doesn’t support the secp256k1 elliptic curve, a standard for Bitcoin, Ethereum and many other blockchains. This limitation restricts developers from utilizing the secure element of devices for key…

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Crypto and the age of alternative payroll

By Pranesh Anthapur, Kraken Chief People Officer Payroll capabilities are expanding alongside vast improvements to blockchain technology. With these innovations, global employees may want a wider range of digital asset options, such as NFTs, cryptocurrencies, and bitcoin IRAs.  Let’s explore why and how to empower employees with unprecedented control over their financial future. The global…

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Everything must evolve, even finance: See What Crypto Can Be

We’re launching our first global marketing campaign to drive forward our mission of accelerating the adoption of crypto so everyone can achieve financial freedom and inclusion. There has been too much focus on what’s broken in the current financial system and not enough on crypto’s potential as a driver of financial freedom and inclusion. We’re…

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Announcing Kraken’s liquidity pool for futures

Enhanced risk management We are always looking for ways to help our clients participate in crypto markets with greater confidence. So we are pleased to introduce our liquidity pool for futures, designed to minimize the need to unwind futures positions and improve the experience of Position Assignment System (PAS) participants. The liquidity pool provides additional…

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Meet Kraken’s new Chief Technology Officer, Vishnu Patankar

Kraken, one of the world’s longest standing and most trusted crypto platforms, today announced the appointment of Vishnu Patankar as Chief Technology Officer (CTO). Patankar brings over twenty years of technology expertise to Kraken and helped Fortune 500 companies like Microsoft, Amazon, Intel, and Groupon to scale products that impacted millions of clients worldwide.  At…

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Kraken completes SOC 2, Type I for custody and funding services

As part of Kraken’s commitment to client security, we have completed and passed an independent auditor’s examination over internal controls as defined by the American Institute of Certified Public Accountants (“AICPA”) SOC 2, Type I compliance standard.  We’d like to share details about this process and how it serves our mission to be one of…

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Crypto 101: What is a consensus mechanism?

A blockchain consensus mechanism is a type of automated system that aims to accomplish two objectives: Provide a distributed, leaderless way to unanimously agree on data stored on a blockchain ledger. Make sure all network validators follow the rules of the protocol and perform their roles honestly. While it may be tempting to trust a…