Wtf is going on with kraken?

https://status.kraken.com/incidents/rzd4fm71v33m

Currently we have paused Monero (XMR) withdrawals.
Deposits are unaffected and still require 32 confirmations (~1h) before crediting.
We are actively monitoring the situation and will provide more updates as they become available.

The last update was 2 days ago, basically it’s been down for a week.

  • Electricd
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    9 days ago

    Kraken has always passed the reserves tests, are audited from what I remember, and publish proof of reserves for cryptocurrencies that allow it. I don’t believe they use fractional reserves.