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How Kraken is setting the standard for Proof of Reserves

After the enormous damage served to the crypto ecosystem this past week, we feel a responsibility to detail the standards, operating principles, and values surrounding trust and transparency at Kraken. As a company deeply rooted in crypto values, we have always encouraged our clients to self-custody their crypto and take back their financial freedom. Every…

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October 2022 Market Recap & Outlook

Bouncing back from September’s performance, October 2022 trended positively for cryptoassets overall. All sectors saw positive returns ranging between +1% to +69% as BTC and ETH gained +6% and +20% respectively over the course of the month. While the green candles piled up across all sectors, DeFi assets saw mixed returns, ranging from -17% to…

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Kraken NFT is now live for beta testers

We’re thrilled to announce that Kraken NFT is now live for a select group of beta testers.  After waiting patiently for the chance to experience the marketplace, Kraken NFT Beta testers will have exclusive access to explore, trade and secure NFTs from the most popular artists and projects — all while paying zero gas fees.*…

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Kraken Donates $100,000 to Anti-Human Trafficking Intelligence Initiative

Kraken is proud to announce that it has become a Diamond Sponsor of the Anti-Human Trafficking Intelligence Initiative (ATII), a U.S.-based nonprofit that harnesses intelligence to help financial institutions, technology firms and cryptocurrency exchanges combat human trafficking and child exploitation.  “Kraken’s partnership with ATII will provide us with actionable data on illicit dark web use…

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What you should know about The Ethereum Merge on Kraken

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…

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Crypto Rewards: Staking

Earning passive rewards on your money in traditional finance is, well, not so rewarding these days. But, crypto offers participants a novel opportunity to receive rewards through a process known as staking. As participation in Proof-of-Stake networks grows and users continue to accumulate crypto rewards, few have stopped to consider the associated risks. Kraken Intelligence’s…

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Kraken Funds Full-Time Bitcoin Rust Maintainer

In the cryptocurrency world at large, Rust is fast becoming the preferred programming language for safe, long-lasting software. That’s why we’re thrilled to announce Kraken has officially funded developer Tobin Harding (tcharding) as a full-time maintainer for the Bitcoin Rust repository. Tobin will now be fully dedicated to coordinating Bitcoin Rust code review, encouraging and…