Kraken Exchange to launch System Upgrade

Kraken Exchange announced that the update on degraded service and the system upgrade will be implemented next week
15 December 2017   1074

Kraken Exchange is well-known as 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".

On December 15 the Kraken Team has published an message in the official blog stating that the exchange is undergoing an unexpected explosion in demand and due to that Kraken.com performance has become "extremely degraded and unreliable". Those problems has brought the necessity of a system upgrade.

ICORating to Update Exchange Security Report

Experts evaluated many parameters including user account security
18 January 2019   198

ICORating analysts have estimated the security level of 135 cryptocurrency trading platforms with a daily volume of more than $ 100,000. Kraken and Cobinhood ranked first and second, respectively, receiving a rating of A. Three of the leaders were closed by the Poloniex exchange with an A- rating.

Note that the experts investigated the following key aspects: user account security, domain security, DoS attack resistance and web security.

It is noteworthy that only 16% of the world's largest stock exchanges were rated A and A-, and none of them won A +.

Coinbase Pro ranked ninth, Binance 34th, and Gemini 84th.

Recall that at the beginning of this week, information appeared about hacking into the New Zealand trading platform Cryptopia.[