Kraken Drops Bitcoin Staking—Can You Actually Earn Passive Income in 2025?
Kraken just flipped the switch on Bitcoin staking—finally letting HODLers put their dormant coins to work. But is it worth the hype, or just another exchange cash grab?
How It Works (Without the Jargon)
Stake your BTC, earn rewards. Simple, right? Kraken’s offering a slice of the proof-of-stake pie—though Bitcoin’s still proof-of-work at heart. They’re abstracting the complexity, but the real question: what’s the APY? (Spoiler: probably less than your inflation-adjusted coffee budget.)
The Fine Print Nobody Reads
Lock-up periods? Check. Slashing risks? Probably. Tax headaches? Absolutely. This isn’t your grandma’s savings account—it’s crypto’s version of ‘passive’ income, where you actively assume all the risk.
Worth It or Just Noise?
For degenerates chasing yield in a 0% world? Maybe. For everyone else? Wait until the first ‘unexpected’ smart contract bug drains wallets. Remember: in crypto, if it sounds too good to be true—it’s already been front-run by insiders.
For the first time ever, you can now stake Bitcoin directly through Kraken—without wrapping, bridging, or using third-party lending platforms, according to Wu Blockchain latest post. This is a massive shift fo... Read More
