Kraken Says Withdrawals Are Stuck as Funding Problems Hit 23 Services
Kraken told customers on Tuesday that withdrawals were stuck, the second service fault the exchange disclosed in a single day.
The notice went up shortly after 2 p.m. UTC. Kraken said it had identified the cause. However, it gave no timeline, no list of affected coins, and no account of what broke.
Funding Faults Pile Up at Kraken
Funding is the exchange's term for money moving in and out, meaning deposits and withdrawals. Trading, the website and Kraken's data feeds all stayed operational.
"We are aware of a temporary hiccup affecting withdrawals, which may be briefly delayed at this time," read an excerpt on Kraken status page.
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The company's status board listed 23 of its 725 funding services as degraded. Most of that damage predates Tuesday.
On September 4, the exchange paused deposits across more than 20 blockchain networks. Cosmos (ATOM) and Celestia (TIA) were among them, and that incident remains open.
A Bad Week Before a Big Year
Hours earlier, Kraken reported that account balance histories had gone stale. Daily figures have since recovered, while hourly figures remain behind.
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