Cryptocurrency Exchange Kraken Down for Over 48 Hours: Drawing Mt. Gox Comparisons
Famous Cryptocurrency Exchange Kraken Down since past 48 Hours for maintenance activity, claiming all funds remain secure but users getting annoyed & nervous.
CoinCrump – One of the Biggest Cryptocurrency Exchange Kraken Down for website maintenance activity and still working to track down an elusive bug which is holding up the launch. Kraken is a San Francisco, California, the United States based prominent cryptocurrency exchange operating in Canada, the EU, Japan, and the US. And popular in Europe as it allows trading in Euros. Now, the users have no opportunities to access, track and trade the website kraken.com since past 48 hours. However, the users had faced a lot of troubles in past few months as the platform had become unresponsive, due to a large number of users. Now the site has made the next blunder. The page should go on Thursday morning only for 2h offline so that an update can be performed. Meanwhile, the website is still offline.
Cryptocurrency Exchange Kraken Down for Over 48 Hours
The users are of course angry for such unprofessional behavior from the Kraken team. Currently, the traders have no opportunities to get their credit and continue to act. The trouble increased even further as the Kraken team announced that they had to interrupt the repair of the site so that the programmers could lie down a bit. The angry users get upset when the team goes to sleep, but also see programmers no longer productive after 22 hours.
In a recent update on January 12, 20:15 UTC, Kraken.com reported that:
“We are still working to track down an elusive bug which is holding up launch. This bug did not appear in our many weeks of testing and only emerged in the production environment. Unfortunately, it is not consistently reproducible and we cannot launch until this issue is resolved. To reiterate our earlier statement: stale (and possibly all) orders will be canceled, and liquidations will be paused before trading is resumed. We will be offering a substantial amount of free trading following resolution. All funds remain secure.”
The short history of cryptocurrencies has been prevailing with hackers and stolen bitcoin, so issues with exchanges are quick to unnerve investors. In the most famous case, Mt. Gox filed for bankruptcy in 2014 after losing hundreds of thousands of its bitcoins clients.
Such amateurish conduct from Kraken.com can’t be expectable by the users thus clients vented out on twitter. Also, not even a phone number and e-mail listed on Kraken status page.
Link to the very helpful Kraken member
Link to the Kraken’s status page
Stay tuned to us for more updates about Kraken.com!
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