Expanded margin pairs available for FLR, BLUR, APT and MINA

We’re thrilled to announce that Kraken now supports new margin pairs for Flare (FLR), Blur (BLUR), Aptos (APT) and Mina (MINA)! Flare (FLR) Flare is an Ethereum Virtual Machine (EVM) based Layer 1 blockchain focused on creating deeper interoperability between different blockchains and decentralized applications....

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

NFTs 101: Identity expression with PFPs

There was once a time when displaying an image of your real face on social media was standard practice. A holiday photo, a mugshot, a pic of you and your pug; these were all commonplace ways of showcasing yourself to the world. But that time...

5 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

Crypto 101: What is a consensus mechanism?

A blockchain consensus mechanism is a type of automated system that aims to accomplish two objectives: Provide a distributed, leaderless way to unanimously agree on data stored on a blockchain ledger. Make sure all network validators follow the rules of the protocol and perform their...

6 min read

Busting Crypto Myths: You don’t own anything when you buy an NFT

For the uninitiated or crypto-curious people out there, non-fungible tokens (NFTs) represent one of the more colorful sectors of the cryptocurrency industry. How is it that duplicable, oftentimes wacky pieces of digital artwork can fetch extraordinarily high prices, and why are people flocking to buy these intangible...

5 min read

Announcing Kraken OTC Portal v 2.0 featuring automated settlement

Note: Since this blog was published, the OTC portal link has moved to the top-of-page navigation: The Kraken OTC desk is constantly exploring new ways to deliver a great trading experience to our clients. Our new, fast, reliable, and easy-to-use automated settlement service seamlessly integrates...

4 min read