Kraken deposits have been frozen since September 4, and on September 8 withdrawals got stuck too.
Kraken told customers on September 8 that withdrawals are delayed, its second disclosed service fault that day, as the exchange’s status board showed 23 of its 725 funding services degraded. The notice, posted shortly after 2 p.m. UTC, compounds a deposit pause across more than 20 blockchain networks that has been running since September 4, leaving some users unable to move funds in or out for the better part of a week.
The status page carried the company’s own framing of the problem. “We are aware of a temporary hiccup affecting withdrawals, which may be briefly delayed at this time,” according to Kraken’s status page.
Among the networks confirmed as impacted by the deposit pause are Cosmos (ATOM), Celestia (TIA), Akash and dYdX. Trading itself kept running throughout. Order books, price feeds and trade execution continued without interruption, so positions can be managed, but not funded or emptied.
The earlier incident is still open. That matters because it is unclear whether the September 8 withdrawal problem is a fresh fault or another symptom of the outage that began on September 4. Kraken says it has identified the cause, but it has given no timeline for a fix, no list of affected coins, and no account of what actually broke.
The delays did not surface through official channels first. Reporting at the time noted that users on social platforms began flagging them before any acknowledgment arrived from the exchange, which has drawn criticism over how much detail it publishes during incidents.
There was an earlier wobble the same day: Kraken reported that account balance histories had gone stale, with daily figures since recovered while hourly figures remain behind. That detail rests on a single report, so treat it as provisional.
The pile-up of faults lands awkwardly for a company in listing mode. Payward (Kraken’s parent company) is pursuing connectivity to Nasdaq and the London Stock Exchange, and reporting at the time counted dozens of operational incidents at the exchange in the weeks leading up to September 8. Whether that pattern gets fixed before any market debut is, for now, an open question. Kraken has published neither a resolution timeline nor a full list of affected assets.
