Today we’re announcing one of the hardest decisions at Kraken to date. We’re reducing our global workforce by approximately 1,100 people, or 30 percent, in order to adapt to current market conditions. We are extremely grateful for the contributions of those impacted by today’s announcement...
We’re thrilled to announce that we have added ten new NFT collections to Kraken NFT for our current beta testers to explore, collect and trade. After revealing the first 70 collections earlier this year, we carefully selected these new collections so you can continue to...
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...
In light of recent events in the crypto industry, it’s becoming increasingly important for Kraken clients and industry participants to understand the significance of Proof of Reserves (PoR) at Kraken. This technique, one that is only possible in the new world of cryptocurrency, is a...
We at Kraken believe that driving global crypto adoption relies on a solid cybersecurity framework in order to protect our clients’ financial freedom. It’s why our motto is security above everything. It’s also why we commemorate Cybersecurity Awareness Month each October. This year, we celebrated...
Keep calm and HODL on… because recurring buys are now available on the Kraken app! This new feature lets you schedule your crypto purchases quickly and easily, which saves you time and can help ease the stress of timing the market. Recurring buys also make...
We’re thrilled to announce that Kraken now supports staking for The Graph (GRT) holders! From the Earn section of your Kraken account or from your Pro mobile app, you’ll be able to stake your GRT holdings and earn up to 8% in yearly rewards. Additionally,...
It’s time to whip out the turkey baster — the holiday season is officially here. As you wind down with your loved ones after a tumultuous year in the crypto space, you’re probably in for a few fascinating (possibly even heated) discussions about Bitcoin, blockchains...
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...
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...
We’re thrilled to announce that Kraken now supports deposits and withdrawals of Polygon (MATIC) on the Polygon Network! In addition to supporting MATIC natively on Polygon, we will continue to support deposits and withdrawals of MATIC on the Ethereum network (ERC-20). Funding, trading and staking...
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...
World-class security and protection for our clients have been at the heart of Kraken’s mission since our inception 11 years ago. With the motto security above everything, Kraken has earned trust among crypto investors with one uncompromising priority: the safeguarding of client funds. Eleven years...
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...
We’re thrilled to announce that Kraken now supports Hashflow (HFT)! Funding and Trading Funding and trading are live. You will be able to add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Ticker HFT Tradable against EUR,...
We’re thrilled to announce that Kraken NFT is now live for a select group of beta testers. After waiting patiently for the chance to experience the marketplace, Kraken NFT Beta testers will have exclusive access to explore, trade and secure NFTs from the most popular...
Ever wondered what goes behind throwing one of the largest virtual festivals with some of the biggest names in music? Here’s your chance to find out! Join Kraken’s CMO, Mayur Gupta in Decentraland’s “Behind the Scenes” Twitter Space on Nov. 3rd at 12pm ET to...
When Satoshi Nakamoto released the Bitcoin white paper on this day in 2008, they proposed a novel system for a global digital form of money. The leaderless, nonpartisan network of Bitcoin nodes now maintains a truly borderless and permissionless monetary system. Since the very first...