We’re thrilled to announce that we have added seven new NFT collections to Kraken NFT for our clients to explore, collect and trade. After revealing dozens of NFT collections over the past few weeks, we carefully selected these new collections so you can continue to build the NFT collection of your dreams with zero gas fees.* We will continue to…
The 2008 financial crisis was a devastating time for many, as the collapse of the United States real estate market caused ripple effects impacting the employment and livelihoods of millions of people. According to TheStreet, one of the chief causes of the crisis was the opaqueness of the mortgage industry. Mortgages were bundled into packages called “mortgage-backed securities (MBS)” that…
We’re thrilled to announce that Kraken now supports new margin pairs for Fantom (FTM), Lido DAO (LDO), Ocean Protocol (OCEAN) and PAXG (PAX Gold)! Fantom (FTM) Fantom is a blockchain-based smart contract platform for developing decentralized applications (dApps). The platform uses a novel consensus mechanism and asynchronous Byzantine Fault Tolerance (aBFT) approach to solve issues with decentralization, security and scalability…
We’re thrilled to announce that Kraken now supports new margin pairs for Fantom (FTM), Lido DAO (LDO), Ocean Protocol (OCEAN) and PAXG (PAX Gold)! Fantom (FTM) Fantom is a blockchain-based smart contract platform for developing decentralized applications (dApps). The platform uses a novel consensus mechanism and asynchronous Byzantine Fault Tolerance (aBFT) approach to solve issues with decentralization, security and scalability…
According to reports, Shanghai Pudong Development Bank may acquire the China-based subsidiary of Silicon Valley Bank (SVB). Authorities in the Chinese city of Shanghai reportedly back the acquisition, which may help minimize the impact of SVB’s shutdown. In its statement following SVB’s demise, SPD Silicon Valley Bank reportedly said its operations remained stable. Shanghai Authorities Seek to Limit Impact of…
At Tel Aviv FinTech Week 2023, Yoav Soffer, the advisor to the deputy governor at the Bank of Israel, touched on the topic of central bank digital currencies (CBDCs) as an efficient cross-border payment option. The talk comes after the Bank for International Settlements (BIS) concluded its research on international retail and remittance payments via CBDCs between the central banks…
According to The European Union Agency for Law Enforcement Cooperation, commonly known as Europol, on March 15, the agency seized assets of cryptocurrency mixer ChipMixer for its alleged involvement in money laundering activities. Total assets seized include 1,909.4 Bitcoin (BTC) in 55 transactions amounting to 44.2 million euros ($46 million). ChipMixer website after law enforcement seizure. Source: Europol In addition, the…
Artificial intelligence (AI) has become a hot topic following the launch of ChatGPT, an AI chatbot created by research company OpenAI. Yet, while ChatGPT has the potential to write blogs and create crypto trading bots, some worry that AI could be harmful. A survey conducted by sales platform Tidio found that 69% of college graduates believe AI could take their…
Artificial intelligence (AI) has become a hot topic following the launch of ChatGPT, an AI chatbot created by research company OpenAI. Yet, while ChatGPT has the potential to write blogs and create crypto trading bots, some worry that AI could be harmful. A survey conducted by sales platform Tidio found that 69% of college graduates believe AI could take their…
Nearly two years after holding its first NFT artwork sale, storied auction house Sotheby’s has revealed its next Web3 moves—including an auction of digital art inspired by a popular internet phenomenon that started on Reddit, which will be held both in Paris and in the metaverse. The “Natively Digital: Oddly Satisfying” auction will feature an array of digital artwork inspired…
