2021 was a year of rapid growth for the digital asset industry. January 2022 however, saw a broad market sell-off and underwhelming performance, with DeFi tokens ending the month down between -4% and -79%. Despite market weakness early this year, the NFT and GameFi industries...
You can now independently verify that the bitcoin and ether balances you hold on Kraken are backed by real assets secured by our global exchange. That’s because today we are releasing the results of our most recent Proof of Reserves audit, an advanced cryptographic accounting procedure we aim...
Cardano (ADA) initially rose to fame in 2017 as one of the more anticipated Initial Coin Offerings (ICO) of the year. Over time, the project persisted through a daunting crypto winter to earn its place among the top crypto assets by market capitalization. In Kraken...
We’re thrilled to announce that Kraken now supports staking for TRON (TRX) holders! Head into the Earn section of your account to start earning rewards on your TRX today. Note: TRON Staking is not available to residents of the US, Canada, Australia and Japan. What...
After hitting an all-time high of $69,000 in November 2021, BTC fell by ~52% to 6-month lows of roughly $33,000 on January 24, 2022, and is down nearly -21% year-to-date. Some believe this downtrend to have been driven largely by concerns over the Federal Reserve’s...
We’re thrilled to announce that Kraken now supports Mango (MNGO), Kin (KIN), Orca (ORCA), Star Atlas (ATLAS & POLIS), Bonfida (FIDA), Step Finance (STEP) and Saber (SBR)! Funding and Trading Funding is live, and trading will begin on January 27. Keep an eye on the...
We’re thrilled to announce that Kraken now supports Acala (ACA)! Funding and Trading You can add ACA to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Here’s what you need to know: Ticker ACA Tradeable against USD, EUR Price precision...
We’re thrilled to announce that Kraken now supports staking for MINA holders! Head into the Earn section of your account to put your MINA to work today. Note: Staking is not available to residents of Japan. What is Mina? Mina’s blockchain is built to maintain...
We’re thrilled to announce that Kraken now supports Astar (ASTR)! Funding and Trading Funding is live, and trading will begin shortly. Keep an eye on the status page for updates. You can add ASTR to your Kraken account by navigating to Funding, selecting the asset,...
If 2020 was the year of the bull, 2021 was the year that crypto went mainstream. In the past twelve months, we’ve witnessed leaps in adoption, infrastructure, regulation, and policy — not to mention new all-time highs. As we head into 2022, the Kraken Intelligence...
The end of the year is a great time to reflect on and celebrate key milestones and events from the past 12 months – both for crypto, and for our community. In 2021, Kraken charged ahead in pursuit of our mission: to accelerate the adoption...
Kraken is thrilled to announce that we have acquired Staked, an infrastructure platform that allows for secure, cost-effective, and non-custodial crypto staking. One of the largest deals in the history of crypto, this acquisition perfectly complements our existing custodial staking offering, enabling all of our clients to earn rewards...
As 2021 draws to a close, we’re thrilled to announce that Chief People Officer (CPO), Pranesh Anthapur, has joined Kraken’s executive leadership team. Pranesh will head the development and execution of Kraken’s global people strategy ensuring we’re fit for the future as we look to...
Bitcoin prices retraced from all-time highs in November — an unexpected turn for what has historically been a positive-yielding month. Will the trend persist into 2022 or is there cause for concern? In their latest report Taking A Break, the Kraken Intelligence team examines the...
The beauty of the Bitcoin network is that anyone can participate in it without permission. However, primarily out of convenience, most Bitcoin users don’t run nodes and instead trust third parties such as centralized exchanges and wallet providers to interact with the network on their...
We’re thrilled to announce that Kraken now supports free withdrawals to U.S. bank accounts via the Automated Clearing House (ACH) network. Here’s What You Need To Know ACH withdrawals are available via the website in the Funding section. Select it as an option when withdrawing...
In our last two Crypto On-Chain Digest reports (End of Summer Sale and SHOCKTOBER), we noted that a supply shock driven by long-term holders could push BTC and ETH prices higher. Well, price followed through and the data suggests that long-term holders remain confident in...
Fingerprint authentication is a convenient alternative to passwords and PIN codes. Who wants to spend time typing in a lengthy string of numbers, letters and characters when a simple tap will suffice? Unfortunately, that convenience comes at a cost. Because, unlike a regular password, you...