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Kraken Unveils a New Wrapped Bitcoin Product—Here’s What It Means for Defi

Kraken Unveils a New Wrapped Bitcoin Product—Here’s What It Means for DefiKraken has launched KBTC, a wrapped bitcoin product fully backed 1:1 by bitcoin and compatible with multiple networks. KBTC aims to expand bitcoin’s use beyond its native chain and into decentralized finance (defi) ecosystems. Kraken Introduces KBTC to Enhance Bitcoin’s Utility Across Networks Kraken’s KBTC is an ERC20 token that allows bitcoin (BTC) to interact […]

Russia Cautious on Tokenizing Real-World Assets

US-Based Crypto Exchange Announces Launch of New Kraken Wrapped Bitcoin (kBTC)

US-Based Crypto Exchange Announces Launch of New Kraken Wrapped Bitcoin (kBTC)

The second largest US-based crypto exchange by trading volume is launching a new 1:1 Bitcoin (BTC)-pegged token. According to a new announcement, Kraken just dropped Kraken Wrapped Bitcoin (kBTC), a wrapped BTC token fully backed by the exchange. “We are thrilled to launch Kraken Bitcoin (kBTC), a fully backed, cross-network-compatible ERC-20 representation of Bitcoin custodied […]

The post US-Based Crypto Exchange Announces Launch of New Kraken Wrapped Bitcoin (kBTC) appeared first on The Daily Hodl.

Russia Cautious on Tokenizing Real-World Assets

Introducing iCloud backup for Kraken Wallet

Kraken Wallet now offers encrypted iCloud backups for your secret recovery phrase (SRP). This feature provides a simple and secure way to store your SRP and recover your wallet, helping ensure you always have access to your cryptoassets.  Self-custody with peace of mind Kraken Wallet users enjoy the freedom of self-custody, retaining full control over […]

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Russia Cautious on Tokenizing Real-World Assets

Kraken Integrates In-House Ethereum Restaking via Eigenlayer

Kraken Integrates In-House Ethereum Restaking via EigenlayerKraken has launched a new feature allowing its clients to restake their ether (ETH) directly on the platform through Eigenlayer. This integration, Kraken says, makes the relatively complex process of restaking more accessible to a broader audience, especially those who have already staked ether on Kraken. Kraken Introduces ETH Restaking to Broaden Defi Access Kraken’s […]

Russia Cautious on Tokenizing Real-World Assets

How Kraken fixed performance issues via incremental adoption of the React Native New Architecture

By Ben Irving, Kraken Sr. Software Engineer Performance pain can make developers go the extra mile. In this blog post, you can learn from the performance issues we experienced at Kraken and how we embarked on a New Architecture adoption journey to solve those issues. Yes, there were speed bumps along the way. We learned […]

The post How Kraken fixed performance issues via incremental adoption of the React Native New Architecture appeared first on Kraken Blog.

Russia Cautious on Tokenizing Real-World Assets

PONKE is available for trading!

We’re thrilled to announce that PONKE is now available for trading on Kraken! Funding and trading Trading for PONKE will be live as of 16:00 PM UTC today, October 15, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.  Make sure to deposit your […]

The post PONKE is available for trading! appeared first on Kraken Blog.

Russia Cautious on Tokenizing Real-World Assets

Restaking via EigenLayer is now available on Kraken!

We’re constantly innovating to give our clients access to new technology. Today, we’re thrilled to announce the launch of Ethereum restaking via EigenLayer, a revolutionary new way to secure decentralized applications (dApps) with your staked ETH and earn additional staking rewards. What is Ethereum restaking and how does it work? Earning rewards is no longer […]

The post Restaking via EigenLayer is now available on Kraken! appeared first on Kraken Blog.

Russia Cautious on Tokenizing Real-World Assets