Early traders of Polkadot’s new DOT token have come in for an unfortunate surprise, as two prominent exchanges decided to list the token ahead of its “redenomination” despite warnings from the project. The redenomination, due to take place on August 21, will see the new DOT denominated at one-hundredth of the value of the DOT...Read More
The veteran US-based cryptocurrency exchange Kraken will enable trading and staking services for Polkadot (DOT) starting August 18th. The addition comes shortly after the sharded multichain network raised over $40 million in its second private token sale. Kraken To Add DOT Trading And Staking According to the statement from the US exchange, Polkadot is “coming...Read More
According to a recent report, three US-based cryptocurrency exchanges, namely Gemini, Coinbase, and Kraken, remain the platforms with the highest-ranking during Q2 2020. The paper also added that only 15% of exchanges claimed that they store more than 95% of their digital asset holdings in cold wallets. Top-Rated Cryptocurrency Exchanges In its July report analyzing...Read More
In a recent interview with Real Vision boss Raoul Pal, Kraken CEO Jesse Powell said some startling things. According to him, Bitcoin’s anonymous creator Satoshi Nakamoto may have foreseen a bigger financial crisis than 2008’s Great Recession. Jesse Powell: ‘Satoshi Saw a Bigger Bubble Coming’ The second to last talk of Real Vision’s exclusive ‘The...Read More
Kraken Security Labs found some vulnerabilities in the hardware wallet Ledger Nano X. The wallet is regarded by many as one of the most secure storage devices. Attackers Can Tamper Wallet Devices to Steal Crypto Funds On Wednesday, Kraken Security Labs – the exchange’s team that checks the security of crypto products – announced that...Read More
According to recent reports, the Ministry of Finance in India has proposed to ban digital assets. The move comes only three months after the nation’s Supreme Court revoked a two-year-old ban. India Changes Its Mind On Crypto (Again)? A local report from today informed that India’s Ministry of Finance had moved a note for inter-ministerial...Read More
In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn since May 11. Additionally, statistics from Bituniverse’s exchange reserve data indicate...Read More
Bitcoin’s price might reach $350,000 in the years to come, according to a recent report compiled by the popular U.S. cryptocurrency exchange, Kraken. It indicated that Millennials will soon inherit trillions of dollars, which the younger generation could invest in Bitcoin, as they are more tech-oriented. The Great Wealth Transfer The paper estimated that more...Read More
If you are on the lookout for a job in these pressing times, when the coronavirus pandemic has limited public movement and shut down businesses, it’s worth exploring opportunities to work from the relative safety of your home. The number of people doing so globally has been steadily growing, including in the crypto industry which...Read More
Last week’s decision from the Supreme Court of India to lift a two-year-old ban on cryptocurrency usage already has a positive impact on the local business scene. Kraken, a leading veteran U.S.-based digital asset exchange, announced plans to invest resources in the Indian market. Kraken Recommits To The Indian Market The veteran San Francisco-based exchange,...Read More
Supreme Court overruling Crypto Ban on India is bringing Crypto exchanges back. Kraken Exchange announced its recommitment to the Indian market. Dawn of a new Crypto Era in India is Inevitable The Crypto industry had suffered a huge loss during the 2-year RBI vs Crypto ban. However, Indian crypto heaved a sigh of relief once...Read More
Starting tomorrow, March 5th, the popular U.S. cryptocurrency exchange Kraken will be adding Tron’s native currency – TRX. The platform will initially provide four trading pairs, and trading will begin shortly after enabling deposits and withdrawals. Kraken Adds TRX The U.S.-based cryptocurrency exchange announced the news earlier today. At approximately 14:30 UTC on March 5th,...Read More
Cold storage hardware wallets are considered to be the most secure way to hold Bitcoin and other cryptocurrencies. The main reason for that is because the private key is never exposed to the internet, unlike hot wallets. Trezor is believed to be the most popular hardware wallet, together with Ledger. During last October of 2019, Kraken...Read More
Most of the developments in the crypto industry appear to go by unnoticed. Kraken has been on a very aggressive acquisition spree throughout 2019. The most recent acquisition comes in the form of Circle Trade. Kraken Keeps Picking up Smaller Companies Prior to that development, however, Kraken had already taken control of three other firms....Read More
Kraken Exchange, one of the top 5 exchanges as per CoinGecko has acquired Circle’s OTC Desk as per its blog post. The post reads ” Kraken is acquiring one of the most recognized OverTheCounter desks in crypto, Circle Trade. ” Through this acquisition, Kraken exchange plans to provide support trading partners globally, especially in Asia....Read More
The popular U.S.-based cryptocurrency exchange, Kraken, has been reportedly served with a lawsuit against it from a former employee. The case is brought by a whistleblower accusing the company of harassment, discrimination, wrongful termination, and even lack of paying rent. Kraken Sued By A Former Employee Kraken’s former employee, Nathan Runyon, has filed a lawsuit...Read More
Crypto markets are in the doldrums at the moment, just as they were this time last year. A $10 billion dump on the week looks bad in the short term but things may not be that negative overall. One of the largest players in the industry has been on a shopping spree this year.Crypto Giant...Read More
Tezos holders will be able to stake their coins on the popular cryptocurrency exchange, Kraken, starting today. As a result, XTZ price has increased with over 12% in the last 24 hours, mirroring its movements when other exchanges announced Tezos staking on their platforms. Kraken Adds Tezos Staking The large U.S.-based cryptocurrency exchange, Kraken, has...Read More
It has been another largely fruitless day for the majority of crypto assets but one is powering ahead regardless. Tezos has just made it into the top ten as the fundamentals for this altcoin keep improving.All Change in Crypto Top TenTezos is on fire again today with another surge of 18% as it powers into...Read More
A security research team at Kraken, a crypto exchange valued at $4 billion, has found a way to gain access to seeds from the widely-used KeepKey hardware wallet.To carry out the attack, the Kraken Security Labs team said that a specialized piece of hardware and knowledge is needed. With that, it takes less than 15...Read More
Numerous cryptocurrency exchanges provide fiat onramps for clients all over the world. One notably absent currency is the Pound Sterling, albeit Kraken is offering extra options in this regard. It is crucial for any cryptocurrency trading platform to cater to users from all over the world. Kraken Expands its GBP Options Albeit the UK is...Read More
Fiat-to-crypto exchanges offer one of the easiest ways to enter the cryptocurrency market. They allow newcomers to bypass the whole hustle of having to exchange their fiat currencies into a crypto token that will be later used in the final transaction/exchange process. Things to Consider Before Choosing a Fiat-to-Crypto Exchange Of course, choosing the right...Read More
On 2 September, 2019, Crunchbase News posted an article citing data that highlighted decreasing investments in cryptocurrency and blockchain-related ventures this year. Despite considerable recovery from the lows of late-2018, investors don’t seem to be as enthusiastic about cryptocurrencies, when compared to previous years. This year, the rate of blockchain and cryptocurrency deals is slower...Read More
Background Founded in July 2011 by Jesse Powell (Present CEO), Kraken is renowned to be one of the most widely accepted and oldest cryptocurrency platforms. Kraken, which has its base in San Francisco, was officially launched as an exchange platform in September, 2013. One of the landmark achievements of this platform was in 2014 when...Read More
Financial experts and analysts are raising alarming concerns on the growing chances of US recession in the next year. Investors looking towards Bitcoin as a potential hedge. Investors and financial experts have been continuously raising concerns on an impending US recession expected over the next one year. Clive McDonnell, head of the equity strategy at...Read More
Nelson Minier, who is the head of OTC at cryptocurrency exchange Kraken, explained to Nasdaq TradeTalks why traders are flocking to crypto. | Source: Shutterstock By CCN Markets: The crypto market continues to attract former Wall Street traders, and now we know why. Nelson Minier, who is the head of OTC at cryptocurrency exchange Kraken,...Read More
Nelson Minier, head of over-the-counter trading at cryptocurrency exchange Kraken, says its volume has increased twenty-fold since 2018. Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year. Minier gave his...Read More
Over the last 5 days, Bitcoin has bounced off the 0.382 Fibonacci level as mentioned in my previous analysis. Since then price levels have risen sharply testing resistance just shy of $11,000. An influx of new volume could propel price levels to $12,000 next week. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD,...Read More
Photo: Silvergate Bank Silvergate Capital Corporation, the corporation standing behind Silvergate Bank, recently filed an S1/A form with the United States Securities and Exchange Commission (SEC) where they note that they have found the niche of crypto loans attractive for them. They noted: “We believe there may be attractive opportunities to provide digital currency borrowing...Read More
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with more than $7 billion under custody. Also Read: Hong Kong Protest Leader Hopes to...Read More
