Everything web3, crypto, defi, degen
Trade, win and feast This Thanksgiving, we’re serving up more than turkey. From Nov. 3–14, all Kraken Derivatives US clients can join our Turkey Trading Competition — with a $50,000 prize pool and even a turkey for the top trader (yes, really). Opt in and place your first trade; every position counts toward your leaderboard…
In brief Drake faces a class-action lawsuit accusing him and Adin Ross of promoting Stake.us, an allegedly illegal gambling site posing as a “social casino.” The suit says Stake used digital “Gold Coins” to mask real-money betting and that Drake’s promotions targeted young fans. In a potential departure from past celebrity crypto cases, plaintiffs argue…
In brief The channel was briefly compromised late Wednesday, promoting a Solana-based token. An hour later, the PGL YouTube channel, run by the Romanian esports organizer behind Valve-sanctioned tournaments, was also reportedly hijacked to stream a fake Bitcoin giveaway. Decrypt independently verified screenshots of the compromised Dota 2 channel before the content was removed. The…
Uptober is here — and with it, one of the simplest, most rewarding opportunities we’ve ever offered. Here’s how it works Opt in using the Kraken app, deposit $1,000 or more (cash or crypto, with no maximum) during October to qualify. Every deposit you make adds to your total and at the end of the…
In brief South Korean actor Hwang Jung-eum received a suspended prison sentence for embezzling $3 million from her agency to invest in crypto. The Jeju District Court showed leniency after Hwang repaid the entire embezzled amount and was deemed a first-time offender. The scandal derailed her career, with TV shows editing her out and advertisers…
In brief The UK’s Financial Conduct Authority has launched another consultation on standards for crypto firms mirroring traditional finance rules. The current proposals aim to balance consumer protection, innovation and international competitiveness. The rules form part of a wider UK push to regulate cryptoassets from 2026. The UK’s Financial Conduct Authority (FCA) has opened a…
In brief Canadian criminal Cameron Albert Redman, 22, will go to prison for one year. The “sophisticated” cybercriminal hacked high-profile digital artists’ X accounts to launch scams. He then conned would-be investors to click on a dodgy link so he could pinch their NFTs and coins. A young cybercriminal is going to prison after stealing…
On August 1st, 2025, we will be adding 64 new eligible spot trading pairs to our maker fee incentive structure in Kraken Pro. We launched it in late June to incentivize deeper liquidity and improve market efficiency, and today we are happy to announce we will be expanding the amount of pairs eligible. In addition,…
🏁 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…
Starting June 27 at 12:00 UTC, we’re introducing a new maker fee incentive structure on a select number of lower-liquidity spot pairs. This is part of our ongoing effort to improve market structure, encourage tighter spreads, and deepen order book liquidity where it’s needed most. What’s changing? Eligible pairs will now follow a competitive rebate-driven…
