Kraken reports second outage as customer withdrawals are delayed

  • Kraken said withdrawals were delayed in its second reported service fault Tuesday.
  • 23 of Kraken's 725 funding services were listed as degraded.
  • Kraken's deposits remained suspended across more than 20 networks since Sept. 4.

Kraken said on Sept. 8 that withdrawals were delayed in the second service disruption it disclosed that day, with 23 of its 725 funding services listed as degraded. The exchange said it had identified the cause but provided no restoration timetable or complete list of affected assets. Trading, the website and data feeds remained operational, while hourly account-balance histories continued to lag after a separate data issue earlier that day. The withdrawal problem followed a deposit suspension affecting more than 20 blockchain networks since Sept. 4, including Cosmos and Celestia, as well as networks previously identified by Kraken. The incident comes as parent company Payward develops links with Nasdaq and the London Stock Exchange, prepares tokenized London stocks for investors in 110 countries and targets 2027 for its delayed initial public offering.

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