Everything web3, crypto, defi, degen
In brief CoinDCX confirmed a $44 million hack on July 19 that affected an internal liquidity account, while assuring that customer funds remain safe. The exchange launched a bounty program offering up to 25 percent of recovered funds, with a potential payout of $11 million to those who assist in tracing the stolen assets. The…
In brief Strategy keeps its $72 billion Bitcoin stash with multiple custodians, but won’t publicly name them, citing security concerns despite pressure from crypto community. Coinbase confirmed it’s one of Strategy’s custodians, while blockchain analytics firm Arkham claims to have traced 70,000 BTC to Fidelity. SEC filings reveal Strategy uses only NYDFS-regulated custodians, narrowing the…
In brief Pat McFadden, Labour MP and ally of Keir Starmer, said that the UK should consider banning crypto political donations. It came two months after Reform UK announced it would accept crypto donations, the first to do so in the nation. Ian Taylor, board advisor for digital asset advocacy group Crypto UK, said McFadden’s…
🏁 Start your engines and fire up your favorite memecoin! Kraken is putting you in the driver’s seat of a legendary crypto competition! This July, memecoins go wheel-to-wheel in a high-octane, no-holds-barred trading race where only one token will cross the finish line… straight onto the rear wing of the Atlassian Williams Racing FW47 car…
We’re excited to announce the launch of Kraken Prime, a full-service prime brokerage solution purpose-built to offer institutional investors seamless access to trading, custody and financing through a unified platform. With Kraken Prime, institutional clients gain access to deep, multi-venue liquidity, sophisticated trading tools and high-touch client service — all consolidated into a single, streamlined…
We’re thrilled to announce that Kraken now supports new margin pairs for Pepe (PEPE), Near Protocol (NEAR), Sei (SEI), and Shiba Inu (SHIB)! Margin trading is now available for the below pairs for PEPE, NEAR, SEI, and SHIB: Pair BasePair NameAvailable LeverageLong Position LimitShort Position LimitPEPEPEPEEUR33,500,000,0003,500,000,000NEARNEAREUR37,0007,000SEISEIEUR3100,000100,000SHIBSHIBEUR32,000,000,0002,000,000,000 Here’s some more information about these the tokens: PEPE…
We’re thrilled to announce that AUCTION, CPOOL, KMNO, PRCL, PRIME, TURBO, ZEX, and ZK are all now available on Kraken! Funding and trading Trading for all 8 assets will be live as of 17:00 PM UTC today, August 13th, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re…
Today, we double down on our European expansion strategy by announcing a new strategic partnership that enables us to actively enhance our product offering in Germany, a key market for European crypto adoption. Starting around July 10, 2024, we expect to offer German clients access to a range of innovative crypto products via a dedicated…
Authored by: Shannon Kurtas, Product Director, Pro & Institutional TradingMax Kaplan, Sr. Engineering Director, Core Infrastructure & Data EngineeringSuketu Gandhi, Sr. Engineering Director, Trading TechnologySteve Hunt, VP Engineering Nearly twelve years ago, Kraken began its pioneering mission to become one of the first and most successful digital asset exchanges. We started trading only four cryptocurrencies,…
Proof is paramount to cybersecurity. At Kraken, proof of security essentially means “don’t trust but verify.” This mindset guarantees that the work associated with growing and improving on our exchange can continue unhindered while protecting you 24/7. Kraken invests heavily in our cybersecurity program to safeguard your funds, NFTs, and privacy. Don’t just trust us.…
