One of the biggest Crypto exchange Kraken goes dark

in cryptocurrency •  7 years ago 

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From the New York, One of the biggest cryptocurrency exchanges has been down for hours and its clients are starting to freak out.

Kraken went offline at 9pm Pacific Time on Wednesday for maintenance that was initially scheduled to last two hours, plus an additional two to three hours for withdrawals, according to an announcement on the San Francisco-based company’s website.

“We are still working to resolve the issues that we have identified and our team is working around the clock to ensure a smooth upgrade,” according to a status update on Kraken’s website posted seven hours ago. “This means it may still take several hours before we can relaunch the site.”

In previous updates, Kraken mentioned it’s working on “unexpected and delicate issues” and assured clients their funds were secure, adding that “Yes, this is our new record for downtime since we launched in 2013. No, we’re not proud of it.”

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That is very unfortunate for the peoples that are holding their coins on this exchange. hopefully, they come back ASAP.
there are 2 rules in the crypto world:

  1. control your own private key.
  2. see rule No. 1.

so true..

Yep, I keep telling friends not to keep their cryptos on an exchange. One says why not? Another says he hasn't gotten around to moving them off.

from now they will listen you...

I wonder if it's something to do that it's in America I noticed more and more American's are deciding not to take place in ICO's, Exchanges and so on and participate with the rest of the world. I'm not sure why Americans don't like Crypto and deciding not to take part with us. Anyway I just noticed Americans are always pulling out of ICO's so I thought I post that in case it's true (I'm not sure).