Tagged: kraken

Crypto Trading App TabTrader Celebrates $5.8M Series A, Preparing For TTT Token Drop

Cryptocurrency trading mobile app TabTrader announced today it closed a $5.8 million Series A round led by BitMEX Ventures. Also participating in the round were Hashkey Capital, Spartan Capital, SGH Capital, SOSV, and Artesian Venture Partners. Based in Amsterdam, TabTrader said it has more than 400,000… Read More

Bitcoin and Ethereum Balances on Crypto Exchanges Keep Falling, Could Drive Prices Higher: Report

In Kraken’s last two Crypto On-Chain Digest reports (End of Summer Sale and SHOCKTOBER), they had pointed out that a supply shock, driven by long-term holders, might push Bitcoin (BTC) and Ethereum (ETH) prices considerably higher than current levels. Well, price followed through and the… Read More

Digital Asset Platform Kraken Completes Integration with Plaid so European Clients Can Fund Accounts Faster

Digital assets firm Kraken notes that in the fast-paced world of virtual currencies, every second counts when you’re moving funds around. Kraken writes in a blog post that establishing the bridges that enable seamless transactions from legacy banking platforms to the “ever-growing” number of blockchain… Read More

Polkadot (DOT) Parachain Auctions Now Live on Kraken

Digital assets firm Kraken notes that they’re pleased to confirm that Polkadot Parachain Auctions are now live (as of November 12, 2021). Platform users may earn rewards while supporting their favorite Polkadot initiatives on Kraken, the company wrote in a blog post. The update from… Read More

Bitcoin, Altcoins Surge to New All-Time Highs, Ethereum Network Demand Surges, Kraken Reports

The team at digital assets firm Kraken notes that the month of October 2021 has been dubbed “UPtober” by many in the cryptocurrency markets as the Bitcoin (BTC) price and that of Ethereum (ETH), as well as other major altcoins surged to new all-time highs…. Read More

Bitcoin Miners are Holding for the Long-Term, Kraken Intelligence Reports

The team at digital assets firm Kraken notes that after a “predictably underwhelming” September in the crypto-asset markets, “history was made in October as BTC hit new all-time highs.” Kraken wrote in an extensive report that, as foreshadowed last month, data “indicates that a supply… Read More

Kraken Is Offering 4.75% Yearly for Staking ALGO Tokens

Digital assets firm Kraken is pleased to confirm that it now supports staking for holders of Algorand’s native token, ALGO. You may head into the Earn section of your account to “put your ALGO to work today.” What is Algorand? Algorand is a Proof-of-Stake (PoS)… Read More

NFTs: Digital Scarcity Is Being Redefined by Non-Fungible Tokens, Kraken Intelligence Reports

Non-fungible tokens (NFTs) are perhaps the “most exciting” development in crypto in 2021, according to the team at Kraken. The digital assets firm writes in a blog post that many people might believe the future of NFTs is “bright.” However, relatively few understand their true… Read More

Kraken Hit by $1.25 Million Penalty Imposed by CFTC, Commissioner Stump Calls Decision “Uncharted Territory”

Kraken (Payward Ventures, Inc), a digital asset trading platform, has been hit by a $1.25 million penalty imposed by the Commodity Futures Trading Commission (CFTC). According to a statement by the CFTC, Kraken offered illegal off-exchange trading in digital asetss and failed to register as… Read More

Digital Asset Firm Kraken to Fund Open-Source Rust Bitcoin (BTC) Development

Digital assets firm Kraken is pleased to confirm that they’ve made a commitment to fund Bitcoin’s (BTC) open-source Rust development ecosystem. As mentioned in a blog post by Kraken: “In memory of late Bitcoin Rust contributor and former Kraken employee, Tamás Blummer, our internal Tamás… Read More

Bitcoin (BTC) Improvement Proposals Schnorr Signatures, Taproot, Tapscript Ready for November 2021 Launch: Report

Digital assets firm Kraken notes that one of Bitcoin’s (BTC) biggest and most significant upgrades of all time is “just around the corner.” However, Kraken also mentions that very few people really understand its “potential impact.” Kraken Intelligence’s most recent report, titled “Taproot Primer: An… Read More

Bitcoin, Ethereum, Altcoin Market Interest Levels Yet to Return to Q2 2021 Levels: Report

The cryptocurrency markets have rallied and recovered from YTD lows, which should help with renewing the hope of another bull market. However, historical crypto price analysis indicates that the digital assets market may be “due for a pause,” according to a report from Kraken. In… Read More

dYdX Crypto Token Trading to Start September 14, 2021 on Digital Asset Exchange Kraken

Digital assets firm Kraken reveals that it’s pleased to confirm that their platform will now be supporting trading with the dYdX (DYDX) token. Deposits and withdrawals are currently available (and started on September 9, 2021). Trading is scheduled to commence at around 15:30 UTC on… Read More

Kraken Adds Support for Moonriver (MOVR), a Kusama Parachain Supporting Ethereum based dApps

Digital assets firm Kraken is pleased to confirm that they’re now supporting Moonriver (MOVR) according to an announcement dated August 26, 2021. As noted in the update from Kraken, deposits and withdrawals are currently open. Trading will commence at around “09:00 UTC on August 27.”… Read More

Brett McLain from Kraken Explains how Digital Asset Firm Extensively Tests Products Before Offering them to Clients

Brett McLain, Director of Engineering – Crypto, Fiat, Staking at digital assets firm Kraken, notes that if you’re interested in digital currencies, payments, or staking and want to help create the financial system of the future, then you may be glad to know that the… Read More

Digital Asset Firm Kraken Releases Report on Benefits of Centralized Finance Platforms Amid DeFi Boom

The team at digital assets firm Kraken has revealed that cryptocurrency savings accounts are quickly becoming an “attractive option over traditional savings accounts.” As interest rates continue to decline – sometimes going negative at European banks and other jurisdictions – consumers are increasingly looking for… Read More

Polygon (MATIC), Enjin (ENJ) Trading Now Available for US, Canada, Australia Residents via Kraken

After digital asset firm Kraken’s listings of Enjin (ENJ) on May 14 and Polygon (MATIC) on May 17 for most jurisdictions, the company is pleased to confirm the availability of Polygon and Enjin trading for US, Canada and Australia residents. Trading for both assets are… Read More

Switzerland’s B2B Banking Solution Provider InCore Bank Launches Comprehensive Crypto Service

Switzerland’s InCore Bank, the B2B banking solution provider, reveals that it has launched a comprehensive crypto-asset service. The securitization solution, called CRYSP, was developed with assistance from GenTwo Digital, a provider of innovative securitization platforms for crypto-assets. The solution enables fund managers, whether they’re from… Read More

Axie Infinity (AXS), Chiliz (CHZ), Origin Protocol (OGN), Perpetual Protocol (PERP) Trading Starts July 13 on Kraken

Digital assets firm Kraken will be supporting four new crypto-assets: Axie Infinity (AXS), Chiliz (CHZ), Origin Protocol (OGN) and Perpetual Protocol (PERP). The Kraken team notes in an update that deposits for all four digital assets are available now. Trading will start on July 13,… Read More

Ethereum Whales Hit New All-Time High While Bitcoin Whales Sink to 13-Month Low: Report

The cryptocurrency markets had been “brimming” with excitement to start the year. However, as we get ready to enter the “dog days” of summer 2021, Bitcoin (BTC), Ethereum (ETH), and other virtual currencies are “flatlining,” the Kraken team notes in an update while pointing out… Read More

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