Tag Archives: kraken

Two Canadian citizens were sentenced to 24 months in federal prison in the U.S. after conspiring to commit wire fraud and money laundering in a scheme to steal bitcoins from an Oregon citizen. The perpetrators posed as employees from the popular cryptocurrency exchange HitBTC and used a fake Twitter account to deceive the victim.Bitcoin Fraud Using A Fraudulent Exchange AccountAccording to the statement shared by the District of Oregon, the two perpetrators are Karanjit Singh Khatkar (23) and...

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 MarketThe veteran San Francisco-based exchange, Kraken, is planning to invest in the newly-reopened for cryptocurrency-related business Indian market. The company recently announced its...

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 TRXThe U.S.-based cryptocurrency exchange announced the news earlier today. At approximately 14:30 UTC on March 5th, Kraken will facilitate deposits and withdrawals for TRX.Users will have the option to trade it shortly after on four...

Ethereum is preparing the network for a major upgrade via a planned hard fork. How this can influence the ETH price, considering code changes and the difficulty of staking in 2020? Let’s find out.Key metrics show the possible huge outbreak in price dynamics in the coming days. Now, the market is in the so-called flat zone: Bitcoin only gained 0,1% in lat 24 hours, while Ethereum got +0,6%. Despite the calm beginning, such silence may promise the storm.On Twitter, the crypto analyst...

Ethereum has managed to get a sizable price boost as JPMorgan and Grayscale reportedly make huge business with the cryptocurrency. But it has become known that Grayscale investors buy Ethereum coins at more than 300% premium.Recently, the Ethereum price gained another 12% in value, reaching the $275 level. The bulls are ruling the market, we can expect the price to rise to $292 or $300 per Aayush Jindal. Kraken charts show that Ethereum has an hourly support level at $268. The major...

Bitcoin is a vulnerable asset. No matter how strong it seems to get, there is always some hacker out there looking to get their hands on BTC units they didn’t earn. Now, Kraken Security Labs – the cybersecurity firm of the San Francisco-based crypto exchange – has discovered a new way for cyberthieves to steal bitcoins, and it involves what has widely been considered one of the most secure wallets in the world.Kraken Claims Trezor Is DangerousThere is a serious problem that’s been found in...

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 Security Labs had announced that they had found a critical weakness in a few of Trezor’s cryptocurrency hardware wallet devices, namely the Trezor One and...

Crypto exchange platforms provide a crucial segment in the wider community as it allows the public to have access to cryptocurrencies. Unlike the stock and Forex markets, the crypto market is open 24/7 and cryptocurrency exchanges facilitate this. There are only four ways through which the public can have access to cryptocurrencies:MiningICO or IEOBuying through an exchangeAccepting cryptocurrency payments for your businessThe easiest way is buying from an exchange platform since mining...

Earn a 6% Return Staking Tezos, Available on Kraken Bitcoin Exchange. Kraken announced the launch of the new Tezos staking service: You can leverage Proof of Stake (POS) holdings to safeguard crypto networks and obtain financial rewards. Key Advantages to Staking with Kraken: Start earning rewards instantly, with no waiting or lockup periods Enjoy one of the highest returns in...

Earn a 6% Return Staking Tezos, Available on Kraken Bitcoin Exchange. Kraken announced the launch of the new Tezos staking service: You can leverage Proof of Stake (POS) holdings to safeguard crypto networks and obtain financial rewards. Key Advantages to Staking with Kraken: Start earning rewards instantly, with no waiting or lockup periods Enjoy one of the highest returns in...