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Bitcoin Taproot address now supported on Kraken

December 19, 2022 | News, Product We’re thrilled to announce that Kraken now supports withdrawals to Taproot (Bech32m) Bitcoin addresses! Taproot is an upgrade to the Bitcoin protocol that aims to improve the privacy and efficiency of the world’s first and largest cryptocurrency.  Taproot included three proposals — Schnorr, Taproot, and Tapscript — which delivered…

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Taproot Primer – An Upgrade for the Ages

One of Bitcoin’s biggest upgrades of all time is just around the corner, but few understand its potential impact.  In Kraken Intelligence’s latest report, “Taproot Primer: An Upgrade For The Ages,” our team breaks down each of the three Bitcoin Improvement Proposals (BIPs) included in the Taproot upgrade and explains the transaction efficiency and user…

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Kraken’s First Brink Grantee Will Fuel Bitcoin Rust Development

Kraken is pleased to announce Alekos Filini has been named the first beneficiary of our donation to the Brink Bitcoin research and development center. Launched last November, Brink received $150,000 in support from Kraken Grants, funds that will be allocated by Brink’s independent board over the coming year to individuals working on bolstering Bitcoin’s essential…

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Going Global: Kraken’s 2020 Year in Review

2020 proved a wild year for digital asset investors as prices swung from steep lows to all-time highs, but Kraken navigated a steady course and continued to shepherd industry growth. As you prepare for the year ahead (one our VIP clients think will bring no shortage of opportunities), we’d like to revisit our major milestones.…

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Kraken Will Match $150,000 in Grants to Ethereum Developers with Gitcoin

Kraken is excited to announce it will match $150,000 in donations to open-source Ethereum projects in collaboration with Gitcoin, an Ethereum-based platform for fundraising.  The grants will mark Kraken’s first-ever donation to an Ethereum project, a development we feel recognizes the project’s maturity both as an asset and as a platform for applications. As the…