The total crypto market cap fell by $53 billion on news that the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Binance. Meanwhile, a Bitcoin exchange is having trouble meeting withdrawal requests from investors trying to exit the space. Here are the details…
Bitcoin exchange has problems with transactions
cryptocoin.com As we reported, Bitcoin and altcoins are grappling with regulatory pressures. Meanwhile, the currency exchange Kraken; He said he is investigating an issue with several crypto funding gateways, including major coins like Bitcoin, Ethereum, and ERC-20. He pointed out that these are causing operational delays. On June 6, Kraken’s status page posted, “Deposit and withdrawal are currently delayed. We will provide updates as soon as possible.” The first notification was issued at around 10:44 pm, when deposits and withdrawals were delayed. This was followed by two updates at 11:06 and 11:13, which said it continued to “work on a fix” for the problem.
The status page did not clearly state what was causing the issue. As of 11:35 p.m., the status page is back to normal and all updates regarding delays and issues have been removed. However, Kraken’s futures platform is expected to be unavailable to users for approximately 10 minutes at 13:30 today. The exchange says it’s because of site maintenance. The following announcement awaits users on the “Status” page:
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