![]() ![]() You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.Ĭryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Each investment is unique and involves unique risks.ĬFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. contracts for difference (“CFDs”) is speculative and carries a high level of risk. Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. We may receive financial compensation from these third parties. Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. The US SEC first sued Binance before later announcing that it had also sued Coinbase today.Īrcra’s Chief Investment Officer pointed out that the measures taken by the SEC against Binance indirectly impact tokens listed on Coinbase, Kraken, and other crypto exchanges with a presence in the US. Uncertainty caused by SEC’s legal action against crypto exchangesĪgainst the backdrop of the brief technical glitch, Kraken and other cryptocurrency exchanges are coping with the uncertainty caused by SEC’s legal action against Binance and Coinbase. Kraken is one of the oldest cryptocurrency exchanges and it supports more than 200 cryptocurrencies and six fiat currencies. The crypto exchange then immediately embarked on rectifying the issues and by 8:55 am UTC, the delays were resolved according to an update given by the exchange on their status page.Īt around 10:30 am UTC, Kraken’s futures trading platform was temporarily suspended for about 10 minutes for scheduled maintenance, which was separate from the earlier delay issues. Swift response by KrakenĪfter customers raised the issue, Kraken earlier today (7:15 am UTC) announced on its status page that deposits and withdrawals were facing challenges. ![]() Users from various places complained of deposit and withdrawal delays drawing attention to the delicate infrastructure supporting the transactions. Among the affected crypto funding, channels included Bitcoin (BTC), Ethereum (ETH), and ERC-20 tokens. Kraken crypto exchange recently suffered a technical glitch that impacted several crypto funding gateways. The delays caused panic since they came at a time when crypto exchanges in the US are under scrutiny by the SEC.The exchange was however able to quickly resolve the problem although the exact cause hasn’t been disclosed.Kraken recently suffered operational delays due to technical issues with crypto funding gateways. ![]()
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