Kraken resolves gateway issues following a temporary withdrawal delay

Users were facing delays in deposits and withdrawals due to a problem with crypto financing gateways, including BTC, ETH, and ERC-20, according to major crypto exchange Kraken.

Kraken, a cryptocurrency exchange, stated that it looked into a problem with various crypto financing gateways, including significant ones like Bitcoin BTC.

NASDAQ down $25,898 Ethereum ETH

tickers $1,828 lower and ERC-20, which brought about delays in operations.

Deposits and withdrawals are temporarily delayed, according to the status page for Kraken on June 6. Any updates will be sent as soon as we can.

Around 7:44 AM UTC, the first notice of the delayed deposits and withdrawals was posted. It then provided two updates at 8:06 and 8:13 UTC stating that it was still "working on a fix" for the problem.

What was causing the problem was not made obvious on the status page.

The status page reverted to normal as of 8:35 am UTC, removing all updates regarding the delays and problems.

Cointelegraph has contacted Kraken to inquire further about the problem's origin.

On June 6, at 10:30 a.m. UTC, users can anticipate a 10-minute outage of Kraken's futures platform. The exchange claims that site maintenance is the cause.


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