Everything web3, crypto, defi, degen
By Bivu Das, Kraken U.K. General Manager “Tax complexity itself is a kind of tax.” This famous quote from U.S. Senator Max Baucus resonates regardless of your country of residence. In the emerging crypto ecosystem, there are additional complications given the lack of clear and consistent jurisdictional tax guidelines and the importance of accurately tracking…
Explore Kraken Labs: labs.kraken.com We’re thrilled to unveil Kraken Labs, initially launching as a suite of five interactive data visualization modules created by staff designer Benno Gerrit Wissing. These experiments leverage both Kraken-derived and onchain data to explore the limitless possibilities of crypto data visualization, ranging from highly exploratory and abstract 3D real-time data visualizations…
We are delighted to announce that Kraken has been recognized across multiple categories in two recent Australian crypto industry award ceremonies: Finder’s Crypto Trading Platform Awards 2024 and WeMoney’s 2024 Crypto Awards. Finder, an award-winning financial comparison site, named Kraken Best Overall Crypto Trading Platform for Australian clients during 2024. This determination came after their…
Happy Bitcoin Pizza Day! Today, we celebrate Laszlo Hanyecz’ historic bitcoin-for-pizza transaction – the first time bitcoins were used as currency in exchange for real-world goods. You can read Laszlo’s original bitcoin-for-pizza bitcointalk.org forum post here. This year, instead of focusing on Laszlo’s mindboggling opportunity cost (yes, those 10,000 bitcoins are worth about $700M today),…
Trading volume has long been the default metric cited by analysts, media pundits and aggregators to rank cryptocurrency exchanges. While volume provides a high-level overview of marketplace activity, it can be faked to create the impression there’s more legitimate trading activity on a marketplace than there really is. The exchange can simply print non-existent trades…
On the morning of May 10, 2023, Kraken testified about the SEC’s overreach in crypto before both the House Financial Services Committee and the House Agriculture Committee. Kraken testified that current laws do not adequately cover the digital asset industry, and that Congress could do more to put in place a set of rules to…
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…
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…
We’re excited to announce the introduction of trailing stop orders, now available across all spot and futures markets on the Kraken Pro web interface. These new conditional order types secure maximum upside without having to manually readjust orders. Trailing stop orders let you stay dynamic, locking in profits when the price reverses against your favored…
The collapse of FTX may have dominated discourse at DC Fintech Week, but onstage, Kraken CEO Dave Ripley made the case that this event was simply a bump in the road to a future where finance moves fully to the blockchain. In a panel discussion featuring industry leaders like Galaxy founder Michael Novogratz, Bitso CEO…
