Kraken upgrade delayed due to technical issues

Kraken cryptocurrency exchange promised to undergo a system upgrade on January 6, but currently it is being delayed due to technical issue of the system
07 January 2018   998

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”.

Initially, Kraken stated that a system upgrade would be performed on January 6 at approximately 22:00 UTC (2 pm PT).

Kraken services will be offline for about 2 hours during the upgrade, possibly longer. Withdrawals in all currencies will be offline for an additional 2-3 hours after other systems come online. If you submit a withdrawal request while withdrawals are offline, the withdrawal will be sent after withdrawals come online again.
 

Kraken Exchange Status

Later, the messages started to appear on the Kraken Status page claiming that the upgrade would be delayed for a few more hours.

Kraken status towards system upgradeKraken Status towards system upgrade

On January 7 at 9 o'clock UTC Kraken Exchange reported that the upgrade is still being delayed due to the technical issues, and is currently presumably scheduled for Jan 7, 20:00 - 22:00 UTC.

Kraken to Pay $100k For Info on QuadrigaCX Lost Funds

As reported, the exchange wants to raise awareness of the QuadrigaCX case and draw attention to it
01 March 2019   181

Kraken has announced its willingness to pay a reward of $ 100,000 for information that will help in the search for cryptocurrency assets missing from the Canadian exchange QuadrigaCX.

As stated on the website of the exchange, since 2014, Kraken has invested significant resources and provided expert assistance to the trustee and investigators conducting the case of Mt. Gox, supporting the return of the largest possible number of bitcoins to the lenders of the exchange.

According to the founder, the exchange wants to raise awareness of the QuadrigaCX case and draw attention to it. As Kraken hopes, it will be able to help find at least some or all of the missing customer funds.

Simultaneously, the exchange conducted a podcast with Jess Powell, in which it published the most known information about the QuadrigaCX case and the alleged death of its founder and CEO, Gerald Cotten.

As stated by the exchange, information that will help in the search for missing funds, will be transfered to law enforcement agencies. Remuneration to informants can be paid both in cryptocurrency and in Fiat.

According to experts, QuadrigaCX’s debt to customers is $ 190 million ($ 137 million in cryptocurrencies and $ 53 million in Fiat). Due to unrecorded obligations, this amount may, however, turn out to be $ 6 million higher.