Everything web3, crypto, defi, degen
The Shanghai upgrade is a set of changes to the Ethereum protocol that will allow users to unstake, or withdraw, their staked ether (ETH). Before the Shanghai upgrade, any ETH dedicated to staking remained locked within the Ethereum blockchain. The Shanghai upgrade will include a change to the Ethereum protocol that allows this staked ETH…
The end of the tax year is fast approaching, and the clock is ticking for crypto holders to report their transactions to the Internal Revenue Service (IRS). In a bid to clamp down on crypto tax evasion, the IRS modified its terminology this year from “virtual currency” to “digital assets.” The new change encompasses all…
February 9, 2023 | News Today, two Kraken subsidiaries announced a settlement with the U.S. Securities and Exchange Commission (SEC) concerning Kraken’s on-chain staking program. Because of this settlement, Kraken has agreed to end its on-chain staking services for U.S. clients. Starting today, Kraken will automatically unstake all U.S. client assets enrolled in the on-chain…
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…
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…
January 24, 2023 | Asset Listings, Product We’re thrilled to announce that Kraken now supports HydraDX (HDX)! Funding and trading Please note that HDX funding and trading are live. You can add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Already have HDX and a Kraken account?…
Accomplished fintech investor bolsters company’s advisory team Jan. 11, 2022 – SAN FRANCISCO – Kraken, one of the world’s leading crypto platforms, today announced the appointment of Dan Ciporin to its board of directors as an independent member. Dan brings a wealth of experience and insight directly applicable to the next phases of Kraken’s evolution.…
After first announcing our support for the Flare (FLR) token distribution event on December 11, 2020, we are pleased to announce that eligible XRP token holders will begin receiving FLR on January 10, 2023. The snapshot of XRP balances took place on December 12, 2020 at approximately 12 am UTC (the first validated XRP ledger…
There has never been a dull moment in crypto, and this year was no exception. In 2022, Kraken celebrated 11 years of our mission to accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion. It’s been quite a ride. Our singular focus on this…
The most secure and seamless trading experience for non-fungible tokens SAN FRANCISCO – December 22, 2022 – Kraken, one of the world’s largest and most-trusted digital asset platforms, is excited to announce the public beta launch of Kraken NFT, the marketplace for collectors to explore, discover and securely trade NFTs. Following today’s earlier launch of…
