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Crypto for All: Empowering our Ukrainian clients with Bitcoin

“Cryptocurrency remains an important humanitarian tool, especially at a time when many around the world can no longer rely on traditional banks and custodians.” – Jesse Powell, Kraken Co-founder and CEO On March 9, 2022, we announced an ambitious aid package as Kraken distributed $1,000 in BTC to all Ukrainian accounts. This came two weeks…

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Ride Out

After July’s green candles, August 2022 resumed a downward trend for cryptoassets across the board. Bitcoin, Ethereum and the rest of the crypto market saw negative returns for the month. Prices of BTC (-14%) and ETH (-8%) decreased after July’s gains. Metaverse (-23%) and DeFi (-21%) led sectors to the downside. NFT market activity also…

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What you should know about The Ethereum Merge on Kraken

Over seven years ago, on August 8, 2015, Kraken was the first exchange to make Ethereum (ETH) available to millions of clients. Today, we’re thrilled to announce that Kraken will support the Ethereum Merge that is estimated to take place between September 10-20, 2022. The Merge marks the end of Ethereum’s proof-of-work (PoW) mechanism and…

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The Metaverse: An inflection point

June 7, 2022 | Kraken Intelligence The non-fungible token (NFT) boom of 2021 not only brought mainstream attention to digital art investment, it also catalyzed increased development of the crypto metaverse. The metaverse — a previously esoteric term first used in the 1992 science fiction novel Snow Crash by Neal Stephenson — has emerged as…

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Kraken NFT is Coming: Join the Waitlist

Non-fungible tokens (NFTs) have redefined the concepts of digital expression, culture and ownership for creators and collectors alike. But the fast-changing, complex ecosystem has made it difficult for many to join in the excitement of the space.  Kraken is ready to change that. Today, we are delighted to open the waitlist for Kraken NFT —…