{"id":1612,"date":"2024-10-24T16:02:20","date_gmt":"2024-10-24T16:02:20","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1612"},"modified":"2024-10-24T16:02:20","modified_gmt":"2024-10-24T16:02:20","slug":"kraken-to-launch-defi-focused-ink-blockchain-in-early-2025","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1612","title":{"rendered":"Kraken To Launch DeFi-Focused &#8216;Ink&#8217; Blockchain In Early 2025"},"content":{"rendered":"<div>\n<p>Kraken, one of the <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/40857265\/kraken-pushes-back-against-sec-lawsuit-demands-jury-trial\">leading centralized cryptocurrency exchanges<\/a>, is set to launch its own blockchain, \u201cInk,\u201d in early 2025.<\/p>\n<p><strong>What Happened: <\/strong>This new blockchain will focus on decentralized finance (DeFi) applications, aiming to offer users a streamlined platform for trading, borrowing, and lending tokens without relying on intermediaries, Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-10-24\/crypto-exchange-kraken-plans-to-launch-its-own-blockchain-early-next-year?embedded-checkout=true\">reported<\/a>.<\/p>\n<p>The move marks a significant shift for Kraken as it ventures further into the DeFi space, expanding beyond its centralized exchange roots. <\/p>\n<p>Ink is expected to make the DeFi process more accessible and cost-effective for a broader audience, simplifying the user experience and lowering barriers for those looking to engage with decentralized services.<\/p>\n<p>Kraken&#8217;s decision to build Ink follows in the footsteps of other prominent exchanges like <strong>Binance <\/strong>and <strong>Coinbase<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>), both of which have launched their own blockchains\u2014<strong>BNB Smart Chain<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/bnb\/usd\">BNB<\/a>) &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41523049\/kraken-to-launch-defi-focused-ink-blockchain-in-early-2025\" alt=\"Kraken\" to launch defi-focused blockchain in early>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kraken, one of the leading centralized cryptocurrency exchanges, is set to launch its own blockchain, \u201cInk,\u201d in early 2025. What Happened: This new blockchain will focus on decentralized finance (DeFi) applications, aiming to offer users a streamlined platform for trading, borrowing, and lending tokens without relying on intermediaries, Bloomberg reported. The move marks a significant [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1612","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1612"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1612\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}