Everything web3, crypto, defi, degen
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%…
We are pleased to announce that Kraken now supports EthereumPoW (ETHW). Funding and Trading ETHW trading is live and the ETHW token has been distributed to eligible clients. A further announcement will be made once Funding is live, at which point you will be able to add ETHW to your Kraken account by navigating to…
We’re quickly approaching The Merge, the most notable upgrade in Ethereum’s history and a crucial turning point for the wider crypto industry. As the Ethereum blockchain transitions from proof-of-work (PoW) to proof-of-stake (PoS), The Merge is expected to be the bedrock upon which Ethereum’s scalability improvements are built. As this highly anticipated event draws closer,…
Over seven years ago, on August 8, 2015, Kraken was the first exchange to make Ethereum (ETH) available to millions of clients. Today, we’re thrilled to announce that Kraken will support the Ethereum Merge that is estimated to take place between September 10-20, 2022. The Merge marks the end of Ethereum’s proof-of-work (PoW) mechanism and…
At the heart of every blockchain is a set of programmatic rules which define how a global network of participants validate transactions and maintain consensus regarding the state of the network. One of the most crucial components of these rules is the blockchain’s Sybil resistance mechanism, which protects the network against spam nodes, 51% attacks…
The crypto industry faced headwinds in recent months as May’s collapse of the Terra ecosystem took its toll. In June and July, major crypto lending platforms (including Celsius, BlockFi, Voyager and Vauld) took drastic measures in the wake of “extreme market conditions.” June’s leverage-related fallout for crypto lenders continued into July but did not extend…
June 29, 2022 | Product We’re thrilled to announce that Kraken now supports staking for Polygon (MATIC) holders! From the Earn section of your Kraken account or from your Pro mobile app, you’ll be able to stake your MATIC holdings and earn up to 14% in yearly rewards.* MATIC staking on Kraken is gasless, meaning…
We’re thrilled to announce that Kraken now supports Elrond (EGLD), Harvest Finance (FARM), Stafi Protocol (FIS), Ampleforth Governance Token (FORTH), Gitcoin (GTC), Liechtenstein Cryptoassets Exchange (LCX), MXC (MXC) and NEAR Protocol (NEAR)! Important update: Swipe (SXP) did not meet our initial liquidity conditions and therefore we have decided to postpone its listing. Deposits and withdrawals…
Following Kraken’s listing and staking of MINA for most countries, Kraken is excited to announce the availability of Mina trading and staking with up to 20% in yearly rewards for residents of the USA, Canada and Australia. Funding and Trading You can add MINA to your Kraken account by navigating to Funding, selecting the asset,…
