The “Krak” app could help to keep cryptocurrency adoption moving forward Kraken has launched a new peer-to-peer payments app called Krak, stepping into a competitive financial tech arena dominated by apps like Cash App and Venmo. The new product allows users to send both fiat and crypto across borders, part of Kraken’s effort to broaden
The new staking method uses proof-of-stake networks to secure transactions and funds Kraken has officially launched a new way for users to stake Bitcoin by partnering with Babylon Labs. This move allows users to earn staking rewards without wrapping, lending, or moving their BTC off the Bitcoin blockchain. Instead, the process takes place through Babylon’s
The expansion gives traders more options on a single platform Kraken is venturing out of cryptocurrencies as it introduces stock and ETF trading on its platform, signaling expansion into more mainstream investment vehicles. This extends another layer to the products of the cryptocurrency exchange and provides users looking for a one-stop-shop experience for digital and
The SEC continues to be called out for questionable suits against the crypto ecosystem The Kraken cryptocurrency exchange has filed a motion to dismiss a November lawsuit from the US Securities and Exchange Commission (SEC), saying it sets a “dangerous precedent” for the agency’s remit. Kraken filed the motion with a San Francisco federal court
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