Everything web3, crypto, defi, degen
When Satoshi Nakamoto released the Bitcoin white paper on this day in 2008, they proposed a novel system for a global digital form of money. The leaderless, nonpartisan network of Bitcoin nodes now maintains a truly borderless and permissionless monetary system. Since the very first Bitcoin block was created in the wake of the 2008…
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…
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…
“You’d think after 11 years, you could start feeling comfortable with your business, but it has basically been wartime in crypto since day one.” In 2011, Kraken CEO Jesse Powell set out to build a crypto exchange that clients and regulators could trust. Despite headwinds and market uncertainties, Jesse has led Kraken through more than…
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…
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…
Bitcoin prices retraced from all-time highs in November — an unexpected turn for what has historically been a positive-yielding month. Will the trend persist into 2022 or is there cause for concern? In their latest report Taking A Break, the Kraken Intelligence team examines the factors that led to a correction across the crypto market.…
Kraken is thrilled to announce support for upcoming parachain slot auctions on the Polkadot network. We’ve already empowered clients to participate in Kusama’s growing ecosystem via parachain auctions — so far resulting in over $35 million contributed in 2021. Clients looking to support the bids of their favorite Polkadot projects will be able to do…
Today, Kraken is proud to celebrate our 10 year anniversary. For the last decade, it has been our goal to promote the adoption of cryptocurrencies and ensure that our clients enjoy a best-in-class experience when engaging with the crypto ecosystem. It’s amazing to think about the journey this industry has been through since Kraken’s founding…
“Why do we want a crypto bank to be licensed?” For veteran bankers asking that question, the answer may not be found easily – until they speak with Jan Owen, one of Kraken Bank’s Board of Directors. Speaking the same language to regulators, legislators and veterans of the financial services industry is one of the…
