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Busting Crypto Myths: “Bitcoin is a Ponzi Scheme”

Over the last decade, countless critics have pointed the finger at Bitcoin as being nothing more than an intelligently-orchestrated Ponzi scheme. Detractors like Brazilian computer scientist Jorge Stolfi argue that the leading decentralized cryptocurrency bears all the hallmarks of a scam named after Italian swindler Charles Ponzi. The question whether or not cryptocurrency in general…

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Self-custody best practices

Self-custody in crypto is the process of storing your own cryptocurrency using a digital or physical wallet, thereby removing it completely from any exchange or custodial partner. A self-custody wallet, also known as a non-custodial wallet, ensures that you and only you have access to your cryptocurrency. Self-custody also means you are responsible for your…

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Kraken Donates $100,000 to Anti-Human Trafficking Intelligence Initiative

Kraken is proud to announce that it has become a Diamond Sponsor of the Anti-Human Trafficking Intelligence Initiative (ATII), a U.S.-based nonprofit that harnesses intelligence to help financial institutions, technology firms and cryptocurrency exchanges combat human trafficking and child exploitation.  “Kraken’s partnership with ATII will provide us with actionable data on illicit dark web use…

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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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Kraken Welcomes Mayur Gupta as Chief Marketing Officer

Kraken is thrilled to welcome Mayur Gupta as our new Chief Marketing Officer (CMO). Mayur will use his technology-driven marketing expertise, as recognized by Harvard Business Review, The Economist and Forbes, to accelerate Kraken’s mission by educating the world on the benefits and value of crypto.  “Mayur is the perfect candidate to help Kraken lead…