Uncategorized

Trading for Aptos (APT) starts now for USA and CA!

March 8, 2023 | Asset Listings Following Kraken’s listings of Aptos (APT) for most countries on October 19, 2022, Kraken is excited to announce the availability of APT for residents of the United States and Canada! Funding and Trading Funding and trading are live. You can add APT to your Kraken account by navigating to…

News

Ethereum Shanghai Upgrade: What you need to know

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…

News

U.S. crypto tax in 2023: What you need to know

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…

News

Kraken’s OTC Portal is now part of Kraken Pro

We’re thrilled to announce that Kraken’s OTC Portal is now integrated within Kraken Pro. This integration allows OTC clients to access the features and functionality they know and love from our OTC Desk via a fully automated, self-service UI.  Access the OTC Portal by logging in to Pro and selecting “OTC” in the top navigation:…

Uncategorized

NFTs 101: Identity expression with PFPs

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…

Uncategorized

ETH deposits and withdrawals available on Arbitrum!

We’re thrilled to announce that Kraken now supports deposits and withdrawals of Ethereum (ETH) on Arbitrum! Arbitrum is a Layer 2 (L2) blockchain protocol built on top of the Ethereum blockchain that allows Ethereum transactions to be processed more efficiently.  By increasing the amount of transactions Ethereum can process, as well as the speed with…

News

Ordinals: A common ground for Ethereum and Bitcoin maximalists?

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…

Uncategorized

Crypto 101: What is a consensus mechanism?

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…