Everything web3, crypto, defi, degen
“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…
When is the last time a bank put customer needs, security and open access to all first? David Kinitsky, Kraken Bank CEO, outlined eight reasons why consumers need a customized banking structure that modernizes the products and services we all utilize on a daily basis. To design the blockchain-based system that will be “more secure than…
Simon Chemouil – Director of Engineering, Core Backend For more than two years now, Kraken’s Core Backend team has been using Rust to modernize services originally written in PHP, while building new products, expanding the feature set and supporting the ever expanding increase in cryptocurrency trading activity. Hi 👋! I’m Simon, the Director of Engineering…
Prices are soaring, innovation is breaking ground, opportunities are flourishing and cryptocurrency adoption is relentless. As we begin a new year with unbridled enthusiasm, Kraken examines the past year — one that won’t be soon forgotten. The year 2020 will be remembered for economic and humanitarian catastrophe. It will also be recognized by the crypto…
Kraken is excited to announce new investments and forthcoming features designed to bring the benefits of Bitcoin’s Lightning Network to our global exchange. Building on Bitcoin’s blockchain technology, the Lightning Network will help the world’s largest cryptocurrency scale to process millions of transactions per second, a leap forward enabling trades to be completed at a…
Bitcoin has returned to all-time highs, and with it, cryptocurrencies are again garnering attention from investors and legislators alike. To help educate the public on these pressing trends, Kraken CEO Jesse Powell joined Yahoo Finance Live last Friday to discuss these topics within the context of increased government involvement in global economies. Adoption of Bitcoin…
Bitcoin Cash will hard fork on November 15 2020 around 12:00 pm UTC as part of a scheduled protocol upgrade. This upgrade is controversial and will likely result in two chains after the fork. The likely split is between two protocols known as “Bitcoin Cash Node” and “Bitcoin Cash ABC.” At the present time, over…
As Kraken’s Chief Security Officer, I’ve spent the past two years building one of the most advanced security programs in the cryptocurrency industry. While most of my work involves hardening our security behind the scenes, I also work with our Product and Engineering team on a roadmap for client-facing features. One of our goals is…
We are thrilled to announce that the State of Wyoming has approved Kraken’s application to form the world’s first Special Purpose Depository Institution (SPDI), called Kraken Bank. Headquartered in Cheyenne, Wyoming, Kraken Bank is the first digital asset company in U.S. history to receive a bank charter recognized under federal and state law, and will…
August 10, 2020 | Kraken Intelligence VIP clients are the first to receive Kraken Intelligence reports. If you’d like early access to our latest research, sign up for the latest research or ask your account manager for more details. Kraken Intelligence, our team of in-house research experts, has released its Bitcoin Volatility Report for July…
