Everything web3, crypto, defi, degen
The Financial Crime Enforcement Network’s (FinCEN) rules already prohibit financial institutions from opening accounts for homeless, unhoused and refugee populations who don’t have physical mailing addresses. Now, FinCEN has proposed a new rule that would prohibit those who are fortunate enough to have accounts from even sending money to these people, if that money is…
Kraken CEO Jesse Powell has made it his mission to ease the adoption curve for new cryptocurrency investors and traders – and that vision is having an industry-wide impact. In fact, Coindesk, one of the market’s leading publications, has recognized Jesse by selecting him as one of its “Most Influential” people for 2020. The list,…
Kraken is excited to announce new investments and forthcoming features designed to bring the benefits of Bitcoin’s Lightning Network to our global exchange. Building on Bitcoin’s blockchain technology, the Lightning Network will help the world’s largest cryptocurrency scale to process millions of transactions per second, a leap forward enabling trades to be completed at a…
Bitcoin has returned to all-time highs, and with it, cryptocurrencies are again garnering attention from investors and legislators alike. To help educate the public on these pressing trends, Kraken CEO Jesse Powell joined Yahoo Finance Live last Friday to discuss these topics within the context of increased government involvement in global economies. Adoption of Bitcoin…
Ledger clients whose data was stolen in a breach were targeted in a phishing scam this past week. Below, our expert team at Kraken Security Labs has put together an analysis of the ongoing attack against Ledger clients. This instructive case study could prove useful to all crypto holders. Since phishing continues to be one…
He’s making a BIG bet on Bitcoin. Square, JP Morgan, Bloomberg – there have been major macro tailwinds for Bitcoin of late, but none quite like MicroStrategy CEO Michael Saylor’s $425 million buy with no intention to sell. To unpack this news and what it means for the market, on Friday, October 30th @ 14:00 UTC…
As Kraken’s Chief Security Officer, Nick Percoco knows firsthand how to protect clients at one of the world’s largest cryptocurrency companies from cutting-edge cyber attacks. However, in the wake of the COVID-19 pandemic, it’s more important than ever that traders and investors take matters into their own hands, staying abreast of evolving tactics used by…
July 31, 2020 | Crypto Education Need a place to direct friends and family just discovering crypto? Good news! Kraken is now live on Instagram. There, our expert team is making full use of the medium to dispense words of wisdom, product updates, educational resources and more. In other words, we’re striving to adapt the…
Now the second largest cryptocurrency by total value, Ethereum’s existence has been anything but boring. In its five-year history, it has seen the highest of highs during its 2017 bull market as well as lows in 2018 and 2019 that threatened its momentum and adoption. But while much has been written about Ethereum, until now,…
A measure of the total computational power dedicated to securing Bitcoin, hashrate is one of the most important metrics for measuring the technology’s health and adoption. As such, it has emerged as a major area of focus for news media and data providers seeking to forecast the future price of Bitcoin. Such speculations are not…
