News

Kraken Takes First Place in Exchange Awards

May 30, 2014 | News Popular Bitcoin industry publication CoinTelegraph has performed the most in-depth review of major bitcoin exchanges to date. Kraken is the winner based on an extensive evaluation in 13 categories.  Consistently high rankings across multiple categories helped Kraken achieve the top spot. Kraken’s scores were the highest in the industry for…

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Kraken Voted Best Bitcoin Exchange on Reddit

May 30, 2014 | News Last week Kraken was voted the best Bitcoin exchange in a poll conducted on Reddit. Voters were asked to consider the following criteria in making their vote: Security Volume Customer Service Difficulty in withdrawals/deposits Knowledge of the owners Spread Out of 207 replies to the poll, Kraken came out on…

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Kraken Top Rated and Most Secure

April 23, 2014 | News The Bitcoin trading news website TheBlogChain performed an extensive independent review of the industry’s top exchanges. Kraken scored an “A” rating, and received the highest rankings in the industry for legitimacy, customer service, and particularly for security. In summary, the review stated, “Kraken is an exemplary institution that the rest…

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Important Information on the “Heartbleed” Bug

April 18, 2014 | News, Security The recently discovered “Heartbleed” OpenSSL vulnerability may have affected many HTTPS sites on the internet, including kraken.com. When exploited, this vulnerability can leak random information that may contain usernames, passwords, and API keys. Most of our servers were patched before the vulnerability was publicly announced, but to ensure that…

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Kraken Passes World’s First Cryptographic Proof of Reserves Audit

March 24, 2014 | News, Security Kraken announced today that it passed a cryptographically verifiable “proof of reserves” audit. The audit is carried out by Stefan Thomas, who verified that the total amount of bitcoins held by Kraken exceed the amount required to cover the balances held by customers. The process employs a variation of…

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Kraken Forms Exclusive Partnership with Fidor Bank

October 9, 2013 | News Oct 9th, 2013 – Kraken announced today an exclusive partnership with Fidor Bank. Fidor is Germany’s first Web 2.0 online bank and is regulated by the German Financial Supervisory Agency BaFin. The partnership is the first of it’s kind and represents a new level of security for Kraken users, and a new…