Everything web3, crypto, defi, degen
We’re thrilled to announce that Kraken now supports new margin pairs for Fantom (FTM), Lido DAO (LDO), Ocean Protocol (OCEAN) and PAXG (PAX Gold)! Fantom (FTM) Fantom is a blockchain-based smart contract platform for developing decentralized applications (dApps). The platform uses a novel consensus mechanism and asynchronous Byzantine Fault Tolerance (aBFT) approach to solve issues…
There was once a time when displaying an image of your real face on social media was standard practice. A holiday photo, a mugshot, a pic of you and your pug; these were all commonplace ways of showcasing yourself to the world. But that time has passed, and a new era of social signaling has…
Representing real-world assets on the Bitcoin blockchain is nothing new. Over a decade ago, projects like the Colored Coin protocol and Counterparty exchange proved Bitcoin could track items, not just units of currency, in a decentralized way. However, consensus issues prevented either project from gaining widespread adoption in the market. Ethereum quickly took over as…
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…
Wallets play a foundational role in crypto security and, depending on which option you choose, can often be the difference between keeping or losing funds in certain situations. There are two main types of crypto wallets you’ll need to consider: Custodial Non-custodial Each option has advantages and disadvantages and suits different needs depending on your…
Life is full of tradeoffs. Oftentimes, we can only maximize one outcome by sacrificing another. Sometimes these tradeoffs are not exactly 1:1 tradeoffs but are part of a more complex relationship. What are some examples of a trilemma? Realtors might say: a big house, great location, affordable price – pick two Chefs might say: big…
In 2008, an anonymous researcher (or team of researchers) called Satoshi Nakamoto published a nine-page research paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System.” The document, known as the Bitcoin white paper, presented a new type of digital currency that users could use to transact without relying on financial intermediaries. Soon, people around the world discovered that blockchain…
Before you dive in, check out the first post in our Kraken NFT Behind the Build Series, The NFT Frontier. Sometimes we reference pseudonyms to keep our Krakenites anonymous to avoid the security risks associated with building and maintaining a crypto exchange. In September 2021, Kraken NFT received the green light to build a new…
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…
New CCO brings three decades of financial services experience SAN FRANCISCO – Jan. 24, 2023 – Kraken, one of the world’s largest and most-trusted crypto platforms, today announced the appointment of CJ Rinaldi as Chief Compliance Officer. CJ’s decades of experience, both in traditional and decentralized finance, will further strengthen Kraken’s compliance program amid a…
