We’re thrilled to announce that we have added ten 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…
Full Terms and Conditions for the NFTournament can be viewed here. Need details on eligibility? Go here! NFTournament competition details: Final Round – Poetry Slam! Submissions open: March 31-April 3, 2023 (One entry per eligible participant) How to enter (Two important steps!): Replying to this Twitter thread, write a poem about why you should win this competition. The poem…
Kraken is thrilled to unveil an exciting partnership with the English Formula 1 team Williams Racing, one of the most iconic and successful teams in the sport’s history. This groundbreaking partnership brings together two legacy brands renowned for their innovation, cutting-edge technology, and unrelenting passion for excellence. The partnership also unites two of the world’s most trusted brands on a…
We’re thrilled to announce that Kraken now supports deposits and withdrawals of Dai (DAI), USD Coin (USDC) and Tether (USDT) on the Arbitrum Network! Arbitrum is a Layer 2 (L2) blockchain protocol built on top of the Ethereum blockchain that allows Ethereum transactions to be processed more efficiently. Funding Funding is already live. You can transfer stablecoins (DAI, USDC and…
Masa Finance’s soulbound tokens will soon be available on Coinbase’s Base network, according to an April 4 announcement from Masa Finance. The new tokens will allow users to link identifying and reputational characteristics to their wallet addresses, making credit underwriting possible on the blockchain, the company said. @getmasafi to Launch Soulbound Token Protocol & Developer Toolkit on @Build0nBase Blockchain With…
Kraken is pleased to announce that we now support deposits and withdrawals of Ethereum (ETH) on Polygon! Polygon is a Layer 2 scaling solution and decentralized application development infrastructure for Ethereum. Polygon increases the transaction throughput for Ethereum-based assets and uses a modular framework to support the execution of interoperable smart contracts. Check out the Kraken Learn Center guide What…
According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, but he also noted that he could not share the full story at this time. Challenges Cited by Paxful CEO…
Tether, the firm behind the largest stablecoin by market capitalization, reportedly allowed its clients to send funds through Signature Bank’s payments platform — granting the firm access to United States banks. According to an April 4 Bloomberg report, Tether had a pathway to the U.S. banking system by instructing its users to send dollars though Signature’s Signet to its Bahamian…
Kraken now supports new margin pairs for Arbitrum (ARB)! Margin trading is now available for the below pairs for ARB: Pair base Pair name Available leverage Long Position Limit Short Position Limit ARB ARBUSD 3 30,000 10,000 ARB ARBEUR 3 17,000 7,000 Here’s what you need to know about the assets: Arbitrum (ARB) is a Layer 2 scaling solution for the…
NFT marketplace OpenSea has unveiled OpenSea Pro, its new non-fungible token (NFT) marketplace aggregator aimed at serving the needs of professional users. OpenSea’s acquisition of NFT aggregator Gem in April 2022 enabled it to develop and refine Gem’s platform to create the new OpenSea Pro. Allow us to reintroduce ourselves Starting today, Gem V2, the best-in-class NFT aggregator, is now…
