Everything web3, crypto, defi, degen
In brief Following July’s Hitler-praising fiasco and an August suspension over Gaza comments, Grok now flags innocuous objects like sunsets and potatoes as coded hate. Users post memes of Grok calling clouds, puppy photos, and even geometric shapes antisemitic, complete with confident “expert” explanations. This situation is an example of why alignment and super alignment…
In brief BitMine’s Ethereum holdings are worth nearly $5 billion The firm owns roughly 1% of Ethereum’s circulating supply BitMine teased U.S.-made validator network in a shareholder presentation. BitMine Immersion Technologies’ Ethereum holdings were valued at nearly $5 billion on Monday, as the treasury firm said that it now owns 1% of the asset’s circulating…
In brief Block on Wednesday joined the coveted S&P 500. Its payments company, Square, started rolling out a Bitcoin accepted feature. Owen Jennings, said on Tuesday that Block’s point-of-sale payment company, Square, was onboarding customers for “the new native Bitcoin acceptance experience.” Jack Dorsey’s Block (XYZ) has started adding the first customers for its Bitcoin…
By Pete Rizzo, The Bitcoin HistorianBack then, Bitcoin was the toast of the financial mainstream. Books were being written about the subject, Bloomberg hosted a “12 Days of Bitcoin” Christmas special (where the host got robbed on air), and every Silicon Valley thought leader had an opinion about its future. Then, reality hit. The trough…
Our FIX API for derivatives trading is a significant addition to our suite of API solutions. Designed specifically to cater to the needs of professional and institutional clients, our new API facilitates seamless integration with our derivatives trading engine. Built on the industry-standard FIX 4.4 protocol, our implementation ensures compatibility with existing trading systems while…
“On the go” and “in the palm of your hand” are two things we’re used to hearing in an increasingly mobile world. Apps like Kraken Pro have set the standard for what can be achieved when it comes to trading crypto from your smartphone.Today we’ve got something a little less mobile (but a lot more…
Pizza parties rarely need an explanation. But pizza parties on Bitcoin Pizza Day deserve one. Thirteen years ago today, Laszlo Hanyecz created a thread in the bitcointalk.org forum titled Pizza for bitcoins? After some explanation and much discussion, Hanyecz found someone willing to buy him two pizzas (valued at ~$41) in exchange for his 10,000…
Representing real-world assets on the Bitcoin blockchain is nothing new. Over a decade ago, projects like the Colored Coin protocol and Counterparty exchange proved Bitcoin could track items, not just units of currency, in a decentralized way. However, consensus issues prevented either project from gaining widespread adoption in the market. Ethereum quickly took over as…
Life is full of tradeoffs. Oftentimes, we can only maximize one outcome by sacrificing another. Sometimes these tradeoffs are not exactly 1:1 tradeoffs but are part of a more complex relationship. What are some examples of a trilemma? Realtors might say: a big house, great location, affordable price – pick two Chefs might say: big…
There has never been a dull moment in crypto, and this year was no exception. In 2022, Kraken celebrated 11 years of our mission to accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion. It’s been quite a ride. Our singular focus on this…
