Kraken Introduces Auto Earn Feature for Effortless Crypto Rewards

Kraken, a leading global cryptocurrency exchange, has unveiled its new Auto Earn feature, designed to streamline passive income generation for digital asset holders. This innovative service allows users to earn weekly rewards without the need to lock up their funds, combining on-chain yield opportunities with Kraken's robust liquidity infrastructure. Eligible assets, including Bitcoin (BTC), Ethereum (ETH), and stablecoins such as USDT, are automatically allocated to optimize returns. This move underscores Kraken's commitment to enhancing user experience and providing flexible, lucrative opportunities in the crypto space. The launch of Auto Earn marks a significant step forward in making crypto rewards more accessible and hassle-free for investors worldwide.

Kraken Launches Auto Earn for Seamless Crypto Rewards

Kraken, one of the world's largest cryptocurrency exchanges, has introduced Auto Earn, a feature designed to simplify passive income generation for digital asset holders. The platform now enables users to earn weekly rewards without locking up their funds, blending on-chain yield opportunities with Kraken's liquidity infrastructure.

The service automatically allocates eligible assets—including BTC, ETH, and stablecoins like USDT and USDC—to staking or yield programs while maintaining full liquidity. Daily accruals and weekly payouts occur seamlessly, with no additional setup required beyond activating Kraken Earn.

This rollout follows significant demand for accessible yield products, as evidenced by Kraken's existing $5 billion in staked assets from over 340,000 clients. The exchange's latest MOVE underscores the industry's shift toward institutional-grade passive income solutions that preserve trading flexibility.

Bitcoin User Loses $105K in Transaction Blunder

A Bitcoin user accidentally set a transaction fee nearly equal to one BTC—worth approximately $105,000—instead of the intended $10 transfer. The error, attributed to manual fee configuration in a digital wallet, underscores the risks faced by inexperienced users in cryptocurrency transactions.

Blockchain analysts traced the mishap to a non-standard transaction setup, with the excessive fee routed to a mining pool via a Kraken wallet. While such incidents are rare, they highlight the irreversible nature of blockchain errors. Mining pools occasionally refund mistaken fees, but such actions remain discretionary.

This case echoes past blunders where users lost significant sums due to incorrect settings. Experts stress the need for vigilance, noting that fee adjustments are technically simple but often overlooked in practice.