Kraken, a major cryptocurrency exchange, experienced delays in deposit and withdrawal processes due to difficulties with several cryptocurrency funding gateways, including Bitcoin, Ether, and ERC-20 token. The platform acknowledged investigating the issue and provided updates on their efforts to resolve it, but did not disclose the root cause of the delays.

Kraken is also facing legal challenges from the IRS in the US, but has received authorization to function as a virtual asset service provider in Ireland. The exchange's Chief Security Officer collaborated with a streamer to set up a fake crypto account to demonstrate their commitment to maintaining the platform's security and integrity.