Kraken is thrilled to announce its support for Bitcoin’s Lightning Network, which is now live for all clients. Finally, traders have an instant and inexpensive way to move bitcoin on and off the platform. Why use Lightning? While regular BTC transactions are limited by block...
We are excited to welcome Carrie Dolan, a recognized financial services veteran in high-growth consumer fintechs and Fortune 500 companies, as Kraken’s newly appointed Chief Financial Officer (CFO). Carrie will play a key role in the execution of Kraken’s strategy to become the crypto portal...
Following Kraken’s listing and staking of MINA for most countries, Kraken is excited to announce the availability of Mina trading and staking with up to 20% in yearly rewards for residents of the USA, Canada and Australia. Funding and Trading You can add MINA to...
Following Kraken’s listings of Bancor (BNT), The Graph (GRT), Livepeer (LPT), Loopring (LRC), Mirror Protocol (MIR), Sushi (SUSHI) and 1inch (1INCH) in most countries, Kraken is excited to announce that residents of the United States, Canada and Australia can now trade these tokens on Kraken. Funding and Trading Funding and trading are live. Keep an...
English Українська Русский To support victims of the ongoing Russian invasion of Ukraine, Kraken is preparing an ambitious aid package distributing over $10 million directly to affected clients. Starting tomorrow and running until July 1, Kraken clients who created an account from Ukraine...
We’re thrilled to announce that Kraken now supports staking for Terra (LUNA) holders! Head into the Earn section of your account to start earning rewards on your LUNA today. Note: Terra staking is not available to residents of Japan. What is Terra? Terra is a...
Although crypto markets experienced high volatility throughout February, nearly all sectors closed the month with positive returns. Privacy coins and BTC led the recovery, while the DeFi sector posted losses for yet another month. Kraken Intelligence’s latest report, Moving Sideways, takes a closer look at...
Earning passive rewards on your money in traditional finance is, well, not so rewarding these days. But, crypto offers participants a novel opportunity to receive rewards through a process known as staking. As participation in Proof-of-Stake networks grows and users continue to accumulate crypto rewards,...
We’re thrilled to announce that we’ll be supporting the Songbird (SGB) token airdrop for XRP holders! The airdrop’s snapshot of XRP balances was taken on December 12, 2020 at ~00:00 (UTC). Client accounts (both spot and margin) that held XRP at this time have now...
The past few years have seen crypto impact just about every industry in one way or another, but one innovation in particular is using blockchain technology to fundamentally disrupt how organizations are structured, codified and governed. In Kraken Intelligence’s latest deep dive, the team takes...
In the cryptocurrency world at large, Rust is fast becoming the preferred programming language for safe, long-lasting software. That’s why we’re thrilled to announce Kraken has officially funded developer Tobin Harding (tcharding) as a full-time maintainer for the Bitcoin Rust repository. Tobin will now be...
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...