Everything web3, crypto, defi, degen
Bitcoin ATMs offer a convenient and friendly way for consumers to purchase cryptocurrencies. That ease of use can sometimes come at the expense of security. Kraken Security Labs has uncovered multiple hardware and software vulnerabilities in a commonly used cryptocurrency ATM: The General Bytes BATMtwo (GBBATM2). Multiple attack vectors were found through the default administrative…
Bitcoin has earned its place as one of the defining technologies of the century. Every day, a new wave of people hear about it for the first time and the usual questions ensue: Am I too late to the party? How can I learn more about it? What’s the best way to buy and store…
September 24, 2021 | News Kraken is thrilled to announce a commitment to fund Bitcoin’s open-source Rust development ecosystem. In memory of late Bitcoin Rust contributor and former Kraken employee, Tamás Blummer, our internal Tamás Blummer Memorial Fund aims to accelerate the development of Bitcoin Rust libraries. A pioneering entrepreneur involved in several Bitcoin companies,…
On August 10, a hacker stole more than $600 million through Poly Network and a bizarre series of events unfolded in the aftermath. In this article, Kraken Security Labs dives into the technical details of how the attacker was able to steal such a large amount of funds and the subsequent fix Poly Network implemented…
Kraken, like any popular service, has clients that are targeted by scammers who try to send phishing emails from @kraken.com email addresses. You should never see this form of spoofed email because it should be rejected by mail providers like Gmail because their servers will notice that the scammer’s mail is not coming from Kraken.…
Do your parents give you the side eye when you start talking crypto? Do they react with skepticism, ridicule or scorn when you try to explain the revolutionary nature of the technology or immense potential for financial freedom and inclusion? It’s all good, we’ve got you covered. We’ve assembled a handy list of responses to…
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…
July 22, 2021 | Kraken Intelligence Crypto savings accounts are rapidly becoming an attractive option over traditional savings accounts. As interest rates drift lower – sometimes negative – people are seeking to maximize passive returns on their crypto assets. In Kraken’s previous report on decentralized finance, we explored how participants are maximizing their principal crypto…
[embedded content] Last week someone on the Ledger subreddit reported receiving an unsolicited package with a Ledger Nano X along with a letter from “the CEO” of Ledger. The scam tries to trick people into migrating their crypto holdings onto the new, modified device. Kraken Security Labs decided to explore this supposed phishing scam. In…
Clients looking to support their favorite Kusama projects can now, for the first time, participate in Parachain Slot Auctions (or ‘Parachain Auctions’ for short) directly from the Kraken platform. Key points to note:1. Parachain auctions are not available to residents of the US, Canada, Japan and Australia. 2. Only verified Intermediate accounts and higher are…
