Everything web3, crypto, defi, degen
June 29, 2023 | Asset Listings Kraken now supports the deposits and withdrawals of TrueUSD (TUSD) on the Tron Network! Tron is a blockchain platform where developers can deploy their own decentralized applications (dApps). Tron is powered by delegated proof-of-stake (DPoS), a system that’s considered highly democratic and inclusive for selecting block producers. The company’s…
A new viral meme coin is taking the crypto market by storm and it’s led by a weird-looking frog. On April 19th, a new cryptocurrency project launched in homage to the well-loved Pepe the Frog. Pepe is a green, amphibious cartoon character that originated from a 2005 comic entitled The Boy’s Club, created by Matt…
We’re thrilled to announce that Kraken now supports new margin pairs for Flare (FLR), Blur (BLUR), Aptos (APT) and Mina (MINA)! Flare (FLR) Flare is an Ethereum Virtual Machine (EVM) based Layer 1 blockchain focused on creating deeper interoperability between different blockchains and decentralized applications. Flare offers FAssets and the LayerCake protocol to open more…
The Shanghai upgrade is a set of changes to the Ethereum protocol that will allow users to unstake, or withdraw, their staked ether (ETH). Before the Shanghai upgrade, any ETH dedicated to staking remained locked within the Ethereum blockchain. The Shanghai upgrade will include a change to the Ethereum protocol that allows this staked ETH…
A blockchain consensus mechanism is a type of automated system that aims to accomplish two objectives: Provide a distributed, leaderless way to unanimously agree on data stored on a blockchain ledger. Make sure all network validators follow the rules of the protocol and perform their roles honestly. While it may be tempting to trust a…
January 25, 2023 | Asset Listings, Product We’re thrilled to announce that Kraken now supports deposits and withdrawals of Dai (DAI), USD Coin (USDC) and Tether (USDT) on the Polygon Network! Polygon is a Layer 2 scaling solution for Ethereum that aims to improve the speed and reduce the costs and complexities of transactions on…
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…
If you’ve ever tried to explain cryptocurrency to your relatives, you might have found it can be as difficult as trying to teach rocket science to a toddler. Most folks react with skepticism, ridicule or scorn when you try to explain the utility of decentralized digital currencies that have limited supplies and aren’t controlled by…
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…
Hot on the heels of August, September 2022 also trended negatively for cryptoassets overall. Based on market capitalization, all sectors saw negative returns for the month, ranging from -14% to -1%. Following the overall crypto market trend, NFT market activity also slowed in August. Average daily users and average daily transactions fell -5.7% and -3.1%…
