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   1042

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 Delist Bitcoin SV

Earlier, exchange's team concluded a users' poll, according to which, 71% of Kraken's community voted for token delisting
17 April 2019   171

As a result of voting among its users, the Kraken Exchange decided to delist the Bitcoin SV (BSV) cryptocurrency, the creator of which Craig Wright was involved in a new confrontation with the Bitcoin community.

Over the last few months, the team behind Bitcoin SV have engaged in behaviour completely antithetical to everything we at Kraken and the wider crypto community stands for. It started with fraudulent claims, escalating to threats and legal action, with the BSV team suing a number of people speaking out against them. The threats made last week to individual members of the community were the last straw. 

Kraken Team

The poll, which aimed to find out the users' opinion about the possible delisting of BSV, Kraken launched on Monday. According to its results, such a move was supported by 71% of more than 70,000 respondents who agreed with the opinion that BSV is a “toxic” asset. 

BSV trading on Kraken will be stopped on May 1. Users are given time until May 15 for the withdrawal of assets.

Earlier, Binance and ShapeShift exchange platform reported on Bitcoin SV delisting. At the same time, OKEx said it would not take such a step.