Kraken

The Bitcoin network operates without a central bank, government authority, or middlemen. Instead, it relies on a distributed network of computers around the world to maintain the integrity of the system.

Bitcoin has challenged central banks, empowered individuals, and redefined trust in finance. The 100 Days of #Bitcoin & Monetary Evolution series explores the historical context of money, from the use of precious metals to the rise of digital banking, leading up to the current paradigm shift caused by Bitcoin.

Kraken is delighted to announce the joining of Gilles BianRosa as the Chief Operating and Product Officer, and Marcus Hughes as the Global Head of Regulatory Strategy.

Kraken will be performing extended maintenance this Saturday, January 20th, causing websites, apps, and APIs to be temporarily unavailable. Updates can be followed at [website].

On day 5 of the series, the focus is on the innovation of paper money by Chinese merchants in the 7th century, which was a significant advancement in monetary technology.

In 2024, while banks still close at 5, cryptocurrency remains active 24/7/365, highlighting its availability and convenience.

In a partnership with @Kitboga, Kraken has been actively investigating potential scams and examining over 500 wallets. The collaboration aims to combat scammers exploiting the crypto space.

Today marks the 15th anniversary of the first block of Bitcoin transactions, also known as the Genesis Block. This event marked the beginning of the digital asset industry we know today and paved the way for the creation of other revolutionary cryptocurrencies.

Kraken has released new Proof of Reserves for users to self-verify their balances.

According to Kraken's @TheMarginMan, as the Baby Boomer generation ages, their wealth will be passed down to Gen X, millennials, and Gen Z, who have a higher inclination to invest in and use cryptocurrencies. He also shares his outlook for Bitcoin in 2024.