Everything web3, crypto, defi, degen
We’re thrilled to introduce USDG Rewards, Kraken’s newest rewards program that empowers you to maximize the value of your assets effortlessly. Designed with simplicity and accessibility in mind, USDG Rewards helps you earn up to 4%+ APR – automatically – on your USDG (a stablecoin pegged 1:1 to the U.S. dollar) holdings.1 With no activation…
As crypto adoption continues to accelerate globally, Kraken is evolving to better serve our loyal clients and future investors. We recently revamped the Kraken app into an intuitive, streamlined wealth-building platform. Now, we’re leveling up even further by launching Kraken+. Our new, powerful opt-in subscription powers up your investing experience to maximize your returns. Kraken+:…
The complexities of tracking and filing crypto taxes have long been a significant barrier to fully exploring the breadth of the crypto ecosystem. So we’re extending our partnership with Koinly, a leading crypto tracking and tax reporting solution, to simplify the process for our clients so they can trade with confidence. First things first: Your…
In a recent Kraken survey, 84% of surveyed crypto holders expressed concerns about tax laws affecting their returns. As tax season rolls around, crypto investors in the U.S. need to be aware of their tax obligations. Kraken’s U.S. crypto tax guide 2025 has all the information you need to stay compliant as you file your…
By Arjun Sethi, Kraken co-CEO Kraken was founded in 2011 with a clear vision: Build the most secure, reliable and accessible crypto exchange in the world. Our founders, Jesse Powell and Thanh Luu, started the company with a relentless focus on product, execution and long-term impact. At the time, Mt. Gox was on the verge…
The Render Network (RENDER) is a decentralized computing platform, enabling artists to tap into a global ecosystem of GPU nodes for rendering work. It offers a two-way marketplace for idle compute, and new methods for digital rights management. The Solana-based RENDER token (known as RNDR prior to its migration) is used both for payments and…
By Bivu Das, Kraken U.K. General Manager “Tax complexity itself is a kind of tax.” This famous quote from U.S. Senator Max Baucus resonates regardless of your country of residence. In the emerging crypto ecosystem, there are additional complications given the lack of clear and consistent jurisdictional tax guidelines and the importance of accurately tracking…
We’re thrilled to announce that AUCTION, CPOOL, KMNO, PRCL, PRIME, TURBO, ZEX, and ZK are all now available on Kraken! Funding and trading Trading for all 8 assets will be live as of 17:00 PM UTC today, August 13th, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re…
IRS tax season is officially open in the United States. April 15, 2024 is the deadline for crypto holders to report their 2023 transactions to the Internal Revenue Service (IRS). The 2023 tax year includes any activity between January 1, 2023 and December 31, 2023. Late filings, failure to pay taxes owed and crypto tax…
By Pranesh Anthapur, Kraken Chief People Officer Payroll capabilities are expanding alongside vast improvements to blockchain technology. With these innovations, global employees may want a wider range of digital asset options, such as NFTs, cryptocurrencies, and bitcoin IRAs. Let’s explore why and how to empower employees with unprecedented control over their financial future. The global…
