Crypto · Multiple jurisdictions
Kraken marks ATOM and Terra Classic funding services as degraded
Kraken changed its Cosmos (ATOM) and Terra Classic funding services from operational to degraded at 11:49 UTC on 22 September. The exchange says work on a fix continues, with no restoration time announced.
Source published · Kraken Status ↗
The incident was first reported on 4 September; the new development is the change in these two service statuses. Juno (JUNO) and the Cosmos funding channel for Neutron (NTRN) remain degraded.
Money Notes analysis
Degraded entries in the incident rise from two to four
Comparing the official 07:35 and 11:49 UTC updates shows that four of the incident’s 19 tracked funding services are now degraded, up from two. The other 15 are listed as operational. Both written updates simply say work on a fix continues; the component details reveal the change for ATOM and Terra Classic.
Users preparing to deposit or withdraw either asset should check the relevant funding channel when planning a transfer. The original 4 September list no longer describes the full current position. These markers describe Kraken’s funding services, and no completion times for individual transfers have been given.
Original sources
- Funding delays for select blockchain networks — incident history ↗Kraken Status · en