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...
There’s a common misconception among prospective bitcoin buyers that only those with deep pockets can afford to access the market. However, this is simply not the case. Using exchanges like Kraken, people can buy as little as $10 worth of bitcoin (BTC). This is possible...
As the crypto industry rallies around the transparency of Proof of Reserves (PoR) audits, Kraken is encouraged to see a greater focus be placed on proof, rather than promises. However, as others rush to catch up, we have observed attempts by other platforms and exchanges...
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...
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...
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....
Some exchange measures – like liquidity – have a direct impact on the client experience and enhance marketplace resilience
On October 31, 2008, an unknown coder named Satoshi Nakamoto published a paper that laid the foundation for an entirely new monetary system – 15 years later, the world is only just catching on to its true value and potential.
Bitcoin is about to experience its fourth halving, when the block reward for miners is cut in half. This time, it’s going from 6.25 bitcoins to 3.125 bitcoins. That means that every day, all of the Bitcoin miners in the world will be competing for...
After several months of headwinds for the crypto space, the historical collapse of Sam Bankman-Fried’s FTX crypto exchange in early November added fuel to the bear market’s fire. While FTX’s collapse has negatively impacted many actors in the industry, the true extent of the collateral...
Bouncing back from September’s performance, October 2022 trended positively for cryptoassets overall. All sectors saw positive returns ranging between +1% to +69% as BTC and ETH gained +6% and +20% respectively over the course of the month. While the green candles piled up across all...
Following several months of headwinds for the crypto space, the crypto market trended lower in September. ETH fell significantly more than BTC as Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. ETH sold off sharply post-Merge in classic “buy the rumor, sell...
Hot on the heels of August, September 2022 also trended negatively for cryptoassets overall. Based on market capitalization, all sectors saw negative returns for the month, ranging from -14% to -1%. Following the overall crypto market trend, NFT market activity also slowed in August. Average...
We’re quickly approaching The Merge, the most notable upgrade in Ethereum’s history and a crucial turning point for the wider crypto industry. As the Ethereum blockchain transitions from proof-of-work (PoW) to proof-of-stake (PoS), The Merge is expected to be the bedrock upon which Ethereum’s scalability...
Over the last few months, the crypto industry faced numerous headwinds. These included the death spiral of the Terra ecosystem, the insolvency of over-leveraged hedge fund Three Arrows Capital, and major crypto lending platforms – like Celsius, BlockFi, Voyager and Vauld – taking drastic measures...
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...
As the world of digital finance continues to evolve, it’s essential to stay informed about the risks associated with fraudulent activities. During Scam Awareness Week, we aim to educate users on how to protect themselves from scams and highlight the industry’s efforts to create a...
Financial fraud has been a part of transactional business since the dawn of transactional business. If you were unfortunate enough to have been on the other side of an insurance deal with Hegestratos, he would have had you insure the corn cargo on his ship...