Kraken experience delays in deposits and withdrawals amid gateway issues

Major crypto exchange Kraken identified an issue with crypto funding gateways, including BTC, ETH and ERC20, as users experience delays in deposits and withdrawals.

The cryptocurrency exchange Kraken reportedly says that it’s currently investigating an issue with several crypto funding gateways, including major ones such as Bitcoin (BTC), Ethereum (ETH) and ERC20. 

On June 6, Kraken’s status page said, “Deposits and withdrawals are currently delayed. We will provide any updates as soon as possible.”

The first notice was posted around 07:44 UTC, followed by two updates saying they are continuing to “work on a fix” for the issue. The status page did not make clear what is causing the issue.

This is a developing story, and further information will be added as it becomes available.