News

Kraken NFT is now live for beta testers

We’re thrilled to announce that Kraken NFT is now live for a select group of beta testers.  After waiting patiently for the chance to experience the marketplace, Kraken NFT Beta testers will have exclusive access to explore, trade and secure NFTs from the most popular artists and projects — all while paying zero gas fees.*…

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Trading for Aptos (APT) starts now!

October 19, 2022 | Asset Listings We’re thrilled to announce that Kraken now supports Aptos (APT)! Funding and Trading Funding and trading are now live. You can add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Ticker APT Tradable against EUR, USD Price precision 4 decimal places…

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Honeymoon Phase Is Over

Following several months of headwinds for the crypto space, the crypto market trended lower in September. ETH fell significantly more than BTC as Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. ETH sold off sharply post-Merge in classic “buy the rumor, sell the news” price action. The downtrending crypto market and bleak…

News

Crypto for All: Empowering our Ukrainian clients with Bitcoin

“Cryptocurrency remains an important humanitarian tool, especially at a time when many around the world can no longer rely on traditional banks and custodians.” – Jesse Powell, Kraken Co-founder and CEO On March 9, 2022, we announced an ambitious aid package as Kraken distributed $1,000 in BTC to all Ukrainian accounts. This came two weeks…

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Ethereum 2.0: Does ETH become deflationary post-Merge?

We’re quickly approaching The Merge, the most notable upgrade in Ethereum’s history and a crucial turning point for the wider crypto industry. As the Ethereum blockchain transitions from proof-of-work (PoW) to proof-of-stake (PoS), The Merge is expected to be the bedrock upon which Ethereum’s scalability improvements are built. As this highly anticipated event draws closer,…

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Mixed Signals

Over the last few months, the crypto industry faced numerous headwinds. These included the death spiral of the Terra ecosystem, the insolvency of over-leveraged hedge fund Three Arrows Capital, and major crypto lending platforms – like Celsius, BlockFi, Voyager and Vauld – taking drastic measures to accommodate “extreme market conditions.” Due to these developments, market…