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Kraken Fixes Ethereum Funding Gateway Issues

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Kraken Fixes Ethereum Funding Gateway Issues

Kraken resolved Ethereum funding gateway issue, causing delays in deposits and withdrawals. The exchange confirmed all systems were operational without providing details.

Exchange investigates Ethereum funding gateway issue causing delayed deposits and withdrawals. In June, Kraken observed similar outages for various crypto financing gateways, including major cryptocurrencies such as Bitcoin and Ethereum.

Kraken also paused trading on its futures platform in June for maintenance. Kraken, which was founded in 2011 and is based in the United States, is now the third-largest digital asset exchange in terms of daily trading volumes.

(With inputs from Shikha Singh)

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