Kraken Reacts to Market Selloff

Kraken works hard to maintain a secure and fair exchange for all clients and to ensure traders are always freely able to execute orders – even amid the more volatile moments common to the growing digital asset market.  The digital asset market remains unique among financial...

3 min read

Oxidizing Kraken: Improving Kraken Infrastructure Using Rust

Simon Chemouil  –  Director of Engineering, Core Backend For more than two years now, Kraken’s Core Backend team has been using Rust to modernize services originally written in PHP, while building new products, expanding the feature set and supporting the ever expanding increase in cryptocurrency...

18 min read

Welcome to Kraken Engineering

At Kraken, Engineering and technology innovation have been the lifeblood of our business since our inception. For more than ten years, Kraken has been committed to building a crypto platform with the highest standards for security, performance and reliability. In that time, our people and...

2 min read

Kraken Security Labs Finds Flaws in Safepal S1 Hardware Wallet

Kraken Security Labs, our expert team of security researchers, identified vulnerabilities within the Safepal S1 hardware wallet. While we were not able to steal cryptocurrency from the wallet, we demonstrate certain weaknesses that may make future compromise possible.  At Kraken, we try to discover attacks...

13 min read

Kraken Backs Launch of Venture Capital Fund

Kraken is supporting the launch of a new independent initiative to actively invest in early stage cryptocurrency and fintech startups.  Kraken Ventures, a global investment operation with a presence in Austin, Berlin, Hong Kong, London, New York, and San Francisco will provide the necessary resources...

2 min read

The Deep Dive on DeFi

The rise of Decentralized Finance (DeFi) has not only brought a newfound wave of innovation to the broader crypto ecosystem, but also the opportunity for savvy investors to generate staggering returns.  Like all markets, especially those in a state of adolescence, DeFi’s reward isn’t without...

3 min read

Kraken Deploys System Upgrades After Surge in Crypto Interest

On January 29, there was unprecedented demand for Kraken services that far exceeded our surge prediction modeling.  For context, $56 billion was traded on our platform in January of this year – more than all the volume transacted for the full year of 2019. This...

2 min read

Kraken Donates $100k to Coin Center

Kraken is excited to announce a $100k donation to Coin Center, one of the leading non-profit advocacy groups focused on the public policy issues facing digital asset technologies. This latest donation is part of Kraken’s ongoing commitment to the excellent work Coin Center does to...

2 min read

Kraken Brings Spot Prices to DeFi with New Chainlink Node

We are excited to announce that we will be making Kraken’s spot prices available to Decentralized Finance applications and developers on Ethereum and other leading blockchains by running our own Chainlink node. As one of the world’s largest and most liquid cryptocurrency exchanges, we feel...

4 min read

Hosting the Bitcoin Whitepaper

In solidarity with other leading companies in the cryptocurrency community, we are posting the Bitcoin white paper to our official blog.  We believe that Bitcoin is open-source software, and that maintaining access to this document is essential to educating others about the financial freedoms the...

1 min read

Flow (FLOW) Trading Starts January 27

  Update: For FLOW unlocking schedule please refer to our updated Support Centre article. We are pleased to announce that Flow (FLOW) trading will launch Wednesday January 27 at approximately 15:30 UTC.  At launch, only FLOW tokens that have been earned through staking rewards can...

3 min read

Kraken Adds GBP and AUD Trading Pairs for 14 New Assets

  As we further our expansion into markets that have substantial potential for growth, Kraken is more than doubling the number of trading pairs available to clients using both the British pound sterling (GBP) and the Australian dollar (AUD).  With the addition of 26 new...

2 min read

2020 Crypto-In-Review: The Year of The ₿ull

Prices are soaring, innovation is breaking ground, opportunities are flourishing and cryptocurrency adoption is relentless. As we begin a new year with unbridled enthusiasm, Kraken examines the past year — one that won’t be soon forgotten.  The year 2020 will be remembered for economic and...

3 min read

Kraken to Halt XRP Trading for U.S. Residents

Given the recent SEC filing against Ripple Labs Inc., we are halting XRP trading for U.S. residents no later than January 29, 2021 at 5pm PT (January 30, 2021 at 1:00 UTC). We may begin implementing this process at any time on January 29, 2021,...

2 min read

Update on Ethereum 2.0 Staking Rewards

  Last month Kraken launched its Ethereum 2.0 staking service, which makes it easy for ETH holders to earn rewards of approximately 5% or more and help support the upgrade to Ethereum 2.0.  Staking is an opportunity that is only appropriate for clients who want...

5 min read