Kraken restores trading after one-hour outage affects spot and derivatives

Kraken has resolved a trading disruption that prevented some customers from accessing its platform and submitting orders across spot and derivatives markets for approximately one hour on October 30. Summary Kraken reported connectivity and order placement problems affecting spot and derivatives trading on October 30. The disruption began at 02:42 UTC and was resolved at 03:42 UTC, according to the exchange’s official status page. Website, mobile, REST, WebSocket and FIX connections were among the affected services. Some customers reported being unable to trade or withdraw funds, while others encountered error messages. Separate speculation about more than $130 million in alleged Aave exposure remains unconfirmed, with no established link to the outage. According to Kraken’s official status page, the exchange began investigating connectivity and order placement problems at 02:42 UTC, affecting its website, mobile applications and several trading interfaces. The company issued another update at 02:55 UTC before confirming that the incident had been resolved at 03:42 UTC. Meanwhile, the disruption prompted complaints from customers who reported being unable to trade or access certain ...