The US-based Kraken, one of the oldest and largest cryptocurrency exchanges in the industry, suffered the wrath of its users as of yesterday. Many users of the crypto stock exchange stressed that they suffered from access to both the platform’s website and its API, and suffered damage during the period of inaccessibility.
The famous crypto money exchange also shared a tweet stating that it received complaints and started work on the subject. About 2 hours after the announcement that they identified the problem Kraken Support team, then the problem was solved after an extra 2 hours and the API and the web site has returned to normal announced.
Unfortunately, just in the minutes of access to Kraken, Bitcoin (BTC) and other cryptocurrencies experienced a sharp decline. Bitcoin pushed $ 12,000 a few days ago, while it fell to $ 10,600 per press, and users who couldn’t reach their funds at the time the stock market was closed could have been damaged.
We are receiving reports of clients having issues connecting to the site and API. We are working to resolve the issue and will update as soon as we have more information.
Updates will be provided at https://t.co/SiYH5aAlw0
Sorry for the inconveniences.
— Kraken Support (@krakensupport) August 13, 2019
Although the current outlook is in the form of a decline, a famous analyst said yesterday that the BTC would rise to $ 100,000.