{"id":51342,"date":"2023-06-06T06:13:41","date_gmt":"2023-06-06T10:13:41","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=51342"},"modified":"2023-06-06T06:13:44","modified_gmt":"2023-06-06T10:13:44","slug":"kraken-faces-withdrawals-deposits-delay","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/kraken-faces-withdrawals-deposits-delay\/","title":{"rendered":"Kraken Faces Withdrawals, Deposits Delay"},"content":{"rendered":"\n<p>Crypto exchange Kraken disclosed that it was investigating a problem with some <a href=\"https:\/\/coinscreed.com\/staging\/top-10-benefits-of-using-cryptocurrency-for-online-transactions.html\" target=\"_blank\" rel=\"noreferrer noopener\">crypto funding gateways<\/a>, including Bitcoin, Ether, and ERC-20, which caused operational delays to withdrawals and deposits.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/Kraken-Australias-CEO-gives-August-market-report-and-also-his-take-on-BTC-price-dip-1024x538.jpg\" alt=\"Kraken Faces Withdrawals, Deposits Delays\" class=\"wp-image-9487\" width=\"781\" height=\"410\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/Kraken-Australias-CEO-gives-August-market-report-and-also-his-take-on-BTC-price-dip-1024x538.jpg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/Kraken-Australias-CEO-gives-August-market-report-and-also-his-take-on-BTC-price-dip-300x158.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/Kraken-Australias-CEO-gives-August-market-report-and-also-his-take-on-BTC-price-dip-768x403.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/Kraken-Australias-CEO-gives-August-market-report-and-also-his-take-on-BTC-price-dip.jpg 1200w\" sizes=\"(max-width: 781px) 100vw, 781px\" \/><figcaption class=\"wp-element-caption\">Kraken Faces Withdrawals, Deposits Delays<\/figcaption><\/figure>\n\n\n\n<p>The status page of Kraken on June 6 stated, &#8220;Deposits and withdrawals are currently delayed. We will provide any new information as quickly as possible.&#8221;<\/p>\n\n\n\n<p>The initial notice was posted around 7:44 UTC when <a href=\"https:\/\/coinscreed.com\/staging\/binance-resumes-deposits-withdrawals-after-5-hours.html\" target=\"_blank\" rel=\"noreferrer noopener\">deposits and withdrawals<\/a> were delayed. This was followed by two updates at 8:06 and 8:13 UTC stating that the company was &#8220;working on a fix&#8221; for the problem.<\/p>\n\n\n\n<p>The status page needed to make it obvious what the issue was.<\/p>\n\n\n\n<p>As of 8:35 UTC, the status page has returned to normal, with all delays and issues-related updates removed.<\/p>\n\n\n\n<p>On June 6, at 10:30 a.m. UTC, Kraken's futures platform is expected to be unavailable for approximately 10 minutes. The exchange indicates that site maintenance is the cause.<\/p>\n\n\n\n<p>The<a href=\"https:\/\/www.irs.gov\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> Internal Revenue Service<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> (IRS) of the United States is currently requesting customer information from Kraken, which the exchange has deemed an &#8220;unjustified treasure hunt.&#8221;\u00a0<\/p>\n\n\n\n<p>The exchange requested San Francisco courts to intervene, arguing that the IRS has &#8220;gone too far&#8221; with its unjustified claims.<\/p>\n\n\n\n<p>Before that, on April 18, Kraken was granted permission to operate as a virtual asset service provider in Ireland. Kraken became the third cryptocurrency exchange registered in Ireland, after Gemini and Coinbase.<\/p>\n\n\n\n<p>Nick Percoco, the chief security officer of Kraken, recently collaborated with a famous streamer to establish a fake <a href=\"https:\/\/coinscreed.com\/staging\/how-cryptocurrency-is-impacting-the-music-industry.html\" target=\"_blank\" rel=\"noreferrer noopener\">cryptocurrency account<\/a> on the exchange to &#8220;scam bait&#8221; bad actors within its ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange Kraken disclosed that it was investigating a problem with some crypto funding gateways, including Bitcoin, Ether, and ERC-20, which caused operational delays to withdrawals and deposits.\u00a0 The status page of Kraken on June 6 stated, &#8220;Deposits and withdrawals are currently delayed. We will provide any new information as quickly as possible.&#8221; The initial [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":9487,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[1406,13894,1671,1929],"class_list":["post-51342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","tag-crypto-exchange","tag-deposits","tag-kraken","tag-withdrawals"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/Kraken-Australias-CEO-gives-August-market-report-and-also-his-take-on-BTC-price-dip.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/51342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=51342"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/51342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/9487"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=51342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=51342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=51342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}