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Kraken Reports Trading Access Problems Across Web, Mobile and API

Kraken Reports Trading Access Problems Across Web, Mobile and API

Photo: TokenPost

Kraken said customers were having trouble connecting to the platform and submitting orders through its website, mobile service and API. After an Aave market pause, an analyst pointed to alleged Kraken exposure exceeding $130 million and speculated that the exchange might face liquidity pressure. The figure was presented as an alleged exposure, and the liquidity concern as a possibility; no liquidity crisis has been confirmed. The service issue and the exposure claim describe different concerns for traders. The first concerns customer access and order submission; the second is an analyst’s assessment of possible pressure tied to the alleged Aave exposure.

Source: TokenPost

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