Compete in Kraken’s NFTournament for the chance to win $50,000 in prizes!

The Kraken NFTournament has ended. Thank you to all our participants and congratulations to all our winners! Full Terms and Conditions for the NFTournament can be viewed here. Need details on eligibility? Go here!    NFTournament competition details: Final Round – Poetry Slam! Winners: Tier...

4 min read

Ethereum Shanghai Upgrade: What you need to know

The Shanghai upgrade is a set of changes to the Ethereum protocol that will allow users to unstake, or withdraw, their staked ether (ETH). Before the Shanghai upgrade, any ETH dedicated to staking remained locked within the Ethereum blockchain. The Shanghai upgrade will include a...

3 min read

U.S. crypto tax in 2023: What you need to know

The end of the tax year is fast approaching, and the clock is ticking for crypto holders to report their transactions to the Internal Revenue Service (IRS). In a bid to clamp down on crypto tax evasion, the IRS modified its terminology this year from...

10 min read

Kraken’s OTC Portal is now part of Kraken Pro

We’re thrilled to announce that Kraken’s OTC Portal is now integrated within Kraken Pro. This integration allows OTC clients to access the features and functionality they know and love from our OTC Desk via a fully automated, self-service UI.  Access the OTC Portal by logging...

4 min read

Kraken to end on-chain staking services for U.S. clients

Today, two Kraken subsidiaries announced a settlement with the U.S. Securities and Exchange Commission (SEC) concerning Kraken’s on-chain staking program. Because of this settlement, Kraken has agreed to end its on-chain staking services for U.S. clients. Starting today, Kraken will automatically unstake all U.S. client...

2 min read

Ordinals: A common ground for Ethereum and Bitcoin maximalists?

Representing real-world assets on the Bitcoin blockchain is nothing new. Over a decade ago, projects like the Colored Coin protocol and Counterparty exchange proved Bitcoin could track items, not just units of currency, in a decentralized way. However, consensus issues prevented either project from gaining...

8 min read