Kraken is dealing with a messy stretch of operational turbulence. The exchange announced on September 8 that users were experiencing withdrawal delays tied to funding issues across 23 of its services, compounding a deposit freeze that had already been running since September 4. That earlier pause affected more than 20 blockchain networks, meaning some users spent the better part of a week unable to move funds in or out of the platform. What actually broke Kraken’s status page flagged degraded performance across its funding infrastructure, though the exchange stopped short of publishing a full list of affected assets or a concrete resolution timeline. Among the networks confirmed as impacted: Akash, Cosmos, Celestia, and dYdX. Core trading functions kept running. Order books, price feeds, and trade execution continued without interruption, so active traders could still do their thing even if they couldn’t get money into or out of the exchange. A pattern of operational headaches This isn’t Kraken’s first rodeo with funding disruptions. The exchange has logged dozens of operational incidents in the weeks leading up to the September 8 announcement, and prior episodes involving specific...
Kraken reports stuck withdrawals as funding problems hit 23 services
1 week ago
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