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Kraken is a US based prominent bitcoin exchange operating in Canada, the EU, Japan, and the US, and the world's largest bitcoin exchange in euro volume and liquidity.
Problems in the last 24 hours
The graph below depicts the number of Kraken reports received over the last 24 hours by time of day. When the number of reports exceeds the baseline, represented by the red line, an outage is determined.
At the moment, we haven't detected any problems at Kraken. Are you experiencing issues or an outage? Leave a message in the comments section!
Most Reported Problems
The following are the most recent problems reported by Kraken users through our website.
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Website (29%)
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Mobile App (29%)
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Login (29%)
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Transactions (12%)
Live Outage Map
The most recent Kraken outage reports came from the following cities:
| City | Problem Type | Report Time |
|---|---|---|
| Login | ||
| Transactions | ||
| Login | ||
| Mobile App | ||
| Mobile App | ||
| Login |
Community Discussion
Tips? Frustrations? Share them here. Useful comments include a description of the problem, city and postal code.
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Kraken Issues Reports
Latest outage, problems and issue reports in social media:
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AussieGuyChris.eth 🇦🇺
(@AussieGuyChris) reported
From someone who stakes on @krakenfx it would be good to get an update on SEC findings. Will it just affect US customers from staking, or am I exempt living in the land down under? Seems like the land of the free...isn't really that free?
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Jude
(@PubliusCubed) reported
However they seem to ignore the fact that companies like @massmutual & #NorthwesternMutual provide the same service using their own general fund. Mutual companies are owned by policy holders. Similar to the Cardano network. @krakenfx is not a mutual company
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Sats@popeye
(@satsatwork) reported
@EleanorTerrett @krakenfx @HesterPeirce Hester being so open against her own org & Congress isnt bothered to hear her side of arguments shows the lethargic attitude & what a mess SEC is hell bent on creating & nobody dares to stop their high ✋ Hester-why are you still working with this corrupt org👀😱#beawhistleblower
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Ricardo V
(@RicardoVerdeNL) reported
so, SEC chairman says @krakenfx should just show a good disclosure to the public before staking and fill in a form at the SEC website to get their approval. That's it. It's not banned, it should be more transparent for the customer staking. That's a good thing. #ProofOfStake
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Erik
(@Erik_wittekop) reported
@SquawkCNBC @GaryGensler @krakenfx Fix #finrafraud #MMTLP $MMTLP already!
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CryptoLead.eth
(@cryptolead_eth) reported
1/ @krakenfx agreed to shut down its crypto staking to settle SEC (@SECGov) charges. I have mixed feelings about this.
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roshane.xrp
(@2021Roshane) reported
Where was Kraken when #ripple needed their help in the case @krakenfx 👀
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Sebastian
(@sebastianflowm) reported
@GaryGensler @SECGov Wait.. they just have to provide that information? Then why shut them down? I am a user of that service and @krakenfx gave me all the information I could need.
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bradleystreet.eth
(@CryptoBrad89) reported
@jespow At what point does @krakenfx and other centralized exchanges just throw the towel in and get fed up with it? The leadership at the SEC is terrible, and I would be fed up with it and completely move my business overseas until the SEC has someone reasonable at the helm. I…
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CryptoPotato Official
(@Crypto_Potato) reported
1/ On Feb 8th, Bloomberg said that the SEC is probing @krakenfx over the sale of unregistered securities. -> On Feb 9th, Coinbase CEO @brian_armstrong tweeted about rumors of the US Gov't cracking down on staking. -> On Feb 10th, Kraken shut down staking, settles with SEC
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Crypto Clay 🌐
(@crypto_klay) reported
from
St. Petersburg, Florida
Just got a DM on IG: ‘Got a sad message from @krakenfx today. No more staking services for the US. Where should I move??’ Now I have to explain #DeFi. Fine for a one off. NOT SCALABLE! Until we fix #DeFi onboarding, education & ease of use. We will continue to face this issue
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Gagarin News 🇺🇦
(@NewsGagarin) reported
- @krakenfx to shut down US staking service and pay a $30 million fine to settle SEC allegations - The New York Department of Financial Services has launched an investigation against @PaxosGlobal, an issuer of #BUSD and #USDP stablecoins.
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Green.Eyed.Bandit.Elixir
(@EyedElixir) reported
@AgileFourmi @krakenfx Jesse Powell should have been taking up this issue and not going after the woke mob and trans. His priorities is jacked.
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Ɉ!₦Ӿ ☠️
(@nx_mox) reported
@krakenfx #BTC Hey, fuckos, can you explain the Kraken api and web access outage to (only) BTC earlier today? 👀 *all ears*
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Adam Rusch
(@AdamRusch) reported
It's unfortunate that @krakenfx was forced to end their #staking service. I think there are reasonable legal arguments that such services are permissible under US law. On the other hand, I trust #Cardano's protocol staking for my assets to reduce this kind of risk!
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DR DAVID KC HUANG
(@DRDAVIDKCHUANG) reported
@frankli25273815 @krakenfx I am not affected but as a foreign jurist, I also say fight. Legal clarity is not working in that way in the UK and TW, and shall not in the US either. Fight.🤬
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Ricardoaball
(@ricardoaball) reported
People use these DeFi platforms to loan, borrow, and exchange money with automated protocols sans any intermediaries involved. @krakenfx agreed to cease its staking-as-a-service program in US -- a reminder that DeFi is not immune to regulatory scrutiny.
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Crypto Hawkeye
(@CryptoHawkeye1) reported
@WhaleChart There was way worse FUD than this just a month ago about @krakenfx and they did just fine. No issues withdrawing. But I do agree with one thing you say. Don't Store your crypto on an exchange. Any exchange. Self custody is the way!
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Edward Smith
(@EdwardS28895229) reported
@EleanorTerrett @krakenfx @HesterPeirce America is just going to get left behind in the crypto space as they think it will help them save the value of the $, all it’s going to do is push people to un regulated exchanges
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Andrew
(@Ayer65) reported
@HesterPeirce @brian_armstrong @krakenfx SEC got $30M from Kraken, but entire world crypto, stock markets are down, lose $ billions after its raid. SEC won $30M, but small, honest investors lost their money, out of blue. Who pay them back their money? Of course, not SEC. It's not regulation.
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fuliggine.eth 🦇🔊
(@fuliggined) reported
@LefterisJP @SECGov @krakenfx Clear and transparent rules are also important for knowing how to pay taxes, to avoid these awful teaching-by-enforcement scenarios.
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Spicer
(@spicer2_spicer) reported
@SquawkCNBC @GaryGensler @krakenfx Seriously a joke. Did you send him the questions first. Ask difficult questions. Is he working for the banks Is going after crypto as part of government policy Banks will benefit the most if staking is banned, is that the plan. Come on!!!!
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paragp.eth
(@0xparag) reported
"Whales" are sending #bitcoin back to exchanges! With @krakenfx shutting down its staking-as-a-service operations for the USA, who's gonna take the lead?🤔
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“The Unrefined Undefined” 🅱️ad🅰️ss
(@AbstractSect) reported
SEC just robbing companies in broad daylight. Shake down masters. @krakenfx should have fought it harder bc this just stains the whole industry overall. Allow regulating bodies to just stick a gun to your head vs coming up with regulation to make industry better.
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Chorus One
(@ChorusOne) reported
Yesterday, @krakenfx agreed to wind down its "staking-as-a-service" offering to its customers in the USA and paid $30M to @SECGov to settle the charges of offering unregistered securities. Here's our take 🧵
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Pahboo
(@WahooLouder) reported
@krakenfx is there any difference in the staking-as-a-service from a group of co-workers who pool their money together for a single lottery ticket? Would the person who buys that ticket then be accused of the same infraction? Something seems fishy.
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DR DAVID KC HUANG
(@DRDAVIDKCHUANG) reported
@frankli25273815 @krakenfx I am not affected but as a foreign jurist, I also say fight. Legal clarity is nothing working in that way in the UK, and shall not in the US either. Fight.🤬
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cryptoetf.in
(@CryptoetfIn) reported
To settle with the SEC, @krakenfx will close its crypto-staking service in the United States and pay a $30 million fine. @SECgov.
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TheNaturalCube
(@TheNaturalCube) reported
@SquawkCNBC @GaryGensler @krakenfx Impossible to comply with nonexistent laws.
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CoinShots⚡ Crypto News & Stats 🚀
(@coinshots) reported
@coinbase Global Inc.’s shares fell the most in more than six months after rival @krakenfx was forced to stop providing an investment service also offered by the largest US cryptocurrency exchange. #cryptonewstoday #Coinbase #kraken