Everything web3, crypto, defi, degen
After the enormous damage served to the crypto ecosystem this past week, we feel a responsibility to detail the standards, operating principles, and values surrounding trust and transparency at Kraken. As a company deeply rooted in crypto values, we have always encouraged our clients to self-custody their crypto and take back their financial freedom. Every…
Given the current discussion regarding solvency, we wanted to explain the systems we have in place to ensure that assets on our exchange are readily available to you at any time and especially during times of uncertainty. First, it is important to note that Kraken has no exposure to Alameda Research and we hold about…
Kraken is thrilled to share the results of our second 2022 Proof of Reserves audit, which has been expanded to include: BTC* ETH* USDT USDC XRP ADA* DOT* Note: * Indicates Proof of Reserves audit covered assets held both on Kraken’s spot exchange and staking platform A Proof of Reserve audit is a trail-blazing accounting…
With the recent market downturn, a lot of candidates and Krakenites have been asking, “What does this mean!?” Our response: “First time?” What it means is it’s once again time to build. It’s time to remember why we’re doing this: The Mission of bringing financial freedom and inclusion to the billions of people suffering from…
You can now independently verify that the bitcoin and ether balances you hold on Kraken are backed by real assets secured by our global exchange. That’s because today we are releasing the results of our most recent Proof of Reserves audit, an advanced cryptographic accounting procedure we aim to conduct semi-annually in the years ahead with the help…
July 22, 2021 | Kraken Intelligence Crypto savings accounts are rapidly becoming an attractive option over traditional savings accounts. As interest rates drift lower – sometimes negative – people are seeking to maximize passive returns on their crypto assets. In Kraken’s previous report on decentralized finance, we explored how participants are maximizing their principal crypto…
February 19, 2021 | Kraken Intelligence VIP clients are the first to receive Kraken Intelligence reports. If you’d like early access to our latest research, sign up to trade with us today or ask your account manager for more details. Retail investors have more information and more tools at their fingertips than ever before. But…
Kraken Security Labs, our expert team of security researchers, identified vulnerabilities within the Safepal S1 hardware wallet. While we were not able to steal cryptocurrency from the wallet, we demonstrate certain weaknesses that may make future compromise possible. At Kraken, we try to discover attacks before they happen. Upon discovery, we disclosed the full details…
The rise of Decentralized Finance (DeFi) has not only brought a newfound wave of innovation to the broader crypto ecosystem, but also the opportunity for savvy investors to generate staggering returns. Like all markets, especially those in a state of adolescence, DeFi’s reward isn’t without its risks. After all, depositing assets in internet protocols is…
On January 29, there was unprecedented demand for Kraken services that far exceeded our surge prediction modeling. For context, $56 billion was traded on our platform in January of this year – more than all the volume transacted for the full year of 2019. This past weekend alone, we saw a 1,000%+ increase in signups. …
