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Posts published in “Asides”

We’ve turned 11: Kraken CEO Jesse Powell discusses how we stood the test of time

“You’d think after 11 years, you could start feeling comfortable with your business, but it has basically been wartime in crypto since day one.” In 2011, Kraken CEO Jesse Powell set out to build a crypto exchange that clients and regulators could trust. Despite headwinds… The post We’ve turned 11: Kraken CEO Jesse Powell discusses…

Kraken Daily Market Report for July 27 2022

Overview Daily spot trading volume: $717.9 million, 30 day average spot: $562.8 million. Total futures notional: $200.9 million. The top five traded coins were, respectively, Tether (↑0.02%), Bitcoin (↑8.0%), Ethereum (↑13%), USD Coin (↑0.0%), Solana (↑11%). Strong returns from CSM (↑54%), Lido DAO (↑32%), and Ethereum Classic (↑30%...

Polygon Announces Its Plans for the Rest of 2022; Hooks up With Mercedes Benz

Layer 2 scaling platform Polygon talks about its experience in the first half of 2022, during which various milestones were achieved, in a recap published on its official blog post. In terms of network expansion, the team claims that as of its April study, there were over 19,000 applications active on the platform (up from…

Cardano’s Trading and Twitter Volumes Hit 6-Month Lows

Cardano’s Twitter and trading volumes have hit 6-month lows. Data from The TIE, a company that resembles Bloomberg Terminal and concentrates on information services for digital assets, shows that Cardano’s popularity on Twitter, a well-known social media network, has fallen to a six-month low. Notably, the interest rate decline coincided with a sharp decline in…