Deconstructing CeFi

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...

2 min read

Bifrost Wins The Fifth Kusama Parachain Slot Auction

We are excited to announce that Bifrost secured the fifth parachain slot on Kusama – Congratulations! Slot 5 Winner Bifrost (BNC) – Bifrost provides staking liquidity to anyone accessing its network. This means token holders can stake any cryptocurrency, such as DOT or ETH, on...

2 min read

Karura (KAR) Trading Starts July 20 – Deposit Now

We are excited to announce that Kraken is now supporting Karura (KAR).  Deposits and withdrawals are now open.  Trading will begin Tuesday, July 20, at approximately 15:30 UTC. Note: Trading is not available to residents of the USA, Canada, Australia and Japan. What is Karura?...

3 min read

A Decade in Bitcoin: Kraken Gears Up to Celebrate 10 Years as a Crypto Pioneer

In 10 years, Kraken has grown from an aspiration into a global company. Our 2,000 “Krakenites” serve more than 7 million clients around the globe. To celebrate, we’ve launched #10yearsofKraken on social media. Keep an eye on our official Twitter handle @krakenfx and our Instagram...

1 min read

MATIC & ENJ deposits and trading starts now for USA, CA and AUS!

Following Kraken’s listings of Enjin (ENJ) on May 14 and Polygon (MATIC) on May 17 for most countries, Kraken is excited to announce the availability of Polygon and Enjin trading for residents of the USA, Canada and Australia.  Trading for both assets are open so...

3 min read

Khala Wins The Fourth Kusama Parachain Slot Auction

We are excited to announce that Khala secured the fourth parachain slot on Kusama – Congratulations! Slot 4 Winner Khala (K-PHA) – Phala Network is a Kusama parachain that tackles the issue of trust in the computation cloud. This blockchain is a trustless computation platform...

2 min read

AXS, CHZ, OGN and PERP trading starts July 13 & CQT Trading Live!

Kraken is supporting four new assets: Axie Infinity (AXS), Chiliz (CHZ), Origin Protocol (OGN) and Perpetual Protocol (PERP) Deposits for all four assets are available starting now  Trading will begin on July 13 at approximately 15:30 UTC for all assets  Deposits for all assets are...

4 min read

Shiden Wins The Third Kusama Parachain Slot Auction

We are excited to announce that Shiden secured the third parachain slot on Kusama – Congratulations! Slot 3 Winner Shiden (SDN) – A smart contract platform for decentralized applications (dapps) on the Kusama network. Shiden is built to support “layer 2” solutions, which refers to...

2 min read

Covalent (CQT) trading starts July 6 – Deposit Now

We are excited to announce that Kraken is now supporting Covalent Query Token (CQT).  Deposits and withdrawals are available starting now  Trading will begin on July 6 at approximately 15:30 UTC Note: Trading is not available to residents of the USA, Canada, Australia and Japan....

3 min read

Solana Trading & Staking Now Live for USA, CA and AUS

Following Kraken’s listing of Solana (SOL) on June 17 for most countries, Kraken is excited to announce the availability of Solana trading and staking for residents of the USA, Canada and Australia.   Deposits and withdrawals for SOL are open.  Trading is live for SOL now!...

3 min read

Inflation: The Insidious Thief

The concept of inflation is front and center again for many market participants, but not everyone is certain of what impact inflation will have on the crypto markets. Many have speculated for years that bitcoin’s disinflationary nature would be its biggest boon in the face...

2 min read

Kraken Slashes Deposit Fees to Zero

Kraken is pleased to announce that deposit fees for more than 70 supported digital assets have been reduced to zero, beginning today. This will make it even easier for seven million clients – and counting – to purchase crypto on Kraken’s premium exchange platform, as...

2 min read

Moonriver Wins The Second Kusama Parachain Slot Auction

We are excited to announce that Moonbeam’s Moonriver Network secured the second parachain slot on Kusama – Congratulations! Slot 2 Winner Moonriver (MOVR) – A smart contract blockchain that supports Ethereum decentralized applications, Moonriver is intended to operate on Kusama as a parachain and provide...

2 min read

Karura Wins The First Kusama Parachain Slot Auction

We are excited to announce that Acala’s Karura Network secured the first ever parachain slot on Kusama – Congratulations! Slot 1 Winner Karura (KAR) – Described as a Decentralized Finance (DeFi) hub and stablecoin platform for the Kusama network, Karura will operate on Kusama as...

2 min read

Alert: Modified hardware wallets spotted in the wild

Last week someone on the Ledger subreddit reported receiving an unsolicited package with a Ledger Nano X along with a  letter from “the CEO” of Ledger. The scam tries to trick people into migrating their crypto holdings onto the new, modified device. Kraken Security Labs...

4 min read