Archive | Kraken

Kraken Lets Hackers Change Account Email Address Even When Funds Are Present

Users of cryptocurrency exchanges often fall victim to accounts getting hacked, stolen, or abused. We have seen dozens of such stories ever since the creation of Bitcoin. In most cases, such issues have arisen due to people failing to take the necessary account security precautions. One user recently lost US$43,000 worth of Litecoin on Kraken and is not […]

These Exchanges Are Now Trading Bitcoin Cash

An increasing number of trading platforms have started trading Bitcoin Cash (BCH, BCC), the new cryptocurrency resulting from the blockchain split on August 1. Also read: Japanese Exchanges Embracing Bitcoin Cash Post-Fork At 7 AM UCT on August 2, the 24-hour trading volume for Bitcoin Cash is approximately $130 million, according to Coinmarketcap. The new cryptocurrency […]

Fork Watch: BCH – The Ghost in the Exchange – Mostly

Bitcoin Cash (BCH) has so far been like a ghost in the exchange; there was little market activity with the currency this morning. Market actors appeared to be waiting for the network to settle. However, Kraken does seem to be trading more intensely now, at press time. The start of the Bitcoin Cash chain split […]

Fork Watch: ‘Bitcoin Cash’ Support Grows as August 1 Draws Near

The user-activated hard fork (UAHF) on the Bitcoin network is looming around the corner. ‘Bitcoin Cash’ (BCC; BCH) is slated to break away as a new fork from the Bitcoin blockchain on August 1 at 9:20PM JST or 12:20PM UTC. Also read: Fork Watch: JP Powerhouse Coincheck Now Unlikely to Suspend Bitcoin Payments Major Exchanges Embrace Bitcoin […]

How Exchanges Plan To Deal With a Possible August 1 Fork

Over the past week, many bitcoin exchanges have revealed plans for the possibility of a network fork on August 1, 2017. Also read: Japan’s Cryptocurrency Business Association Plans for August 1 Guidelines In about a week there still may be a possibility of a network fork come August 1, even though Segwit2x is showing strong […]

Kraken Estimates Last Quarter’s Trading Volume 10x Previous High

Kraken’s CEO, Jesse Powell, has stated the cryptocurrency exchange’s volume during the second quarter of 2017 comprised 10x more trade than during the company’s preceding all time high. Despite this incredible spike in volume, Powell speculated that the cryptocurrency markets will likely see growth of 10x to 100x in coming years. Also Read: Class Action Lawsuit Filed […]