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Kraken Halts Sign-Ups Due to Immense Demand

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Mon, 8/02/2021 - 17:41
Kraken Halts Sign-Ups Due to Immense Demand
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Kraken, one of the leading cryptocurrency exchanges, has temporarily stopped accepting new users due to "extremely high" demand, according to its status page

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"Sign-ups are temporarily disabled due to extremely high demand. Our engineers are still working to resolve the issue and we will share any updates as soon as they become available."  

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Earlier today, Coinbase, Gemini, Binance, and other major exchanges were all experiencing technical issues following Bitcoin's wild jump to a new all-time high of $44,899. 

Bitcoin went on a record-shattering rally after e-car behemoth Tesla announced its mammoth $1.5 billion purchase of the flagship cryptocurrency.     

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