Everything web3, crypto, defi, degen
In brief CryptoPunks have led a resurgence in NFT trading volume, with activity concentrated on a dedicated marketplace for the iconic collection of profile pictures. On Solana, Mad Lads NFTs have recently jumped in floor price too. Although the rebound has generated buzz, the activity has been less pronounced than a burst of trading volume…
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…
December 19, 2022 | News, Product We’re thrilled to announce that Kraken now supports withdrawals to Taproot (Bech32m) Bitcoin addresses! Taproot is an upgrade to the Bitcoin protocol that aims to improve the privacy and efficiency of the world’s first and largest cryptocurrency. Taproot included three proposals — Schnorr, Taproot, and Tapscript — which delivered…
In the cryptocurrency world at large, Rust is fast becoming the preferred programming language for safe, long-lasting software. That’s why we’re thrilled to announce Kraken has officially funded developer Tobin Harding (tcharding) as a full-time maintainer for the Bitcoin Rust repository. Tobin will now be fully dedicated to coordinating Bitcoin Rust code review, encouraging and…
One of Bitcoin’s biggest upgrades of all time is just around the corner, but few understand its potential impact. In Kraken Intelligence’s latest report, “Taproot Primer: An Upgrade For The Ages,” our team breaks down each of the three Bitcoin Improvement Proposals (BIPs) included in the Taproot upgrade and explains the transaction efficiency and user…
