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Kraken Halts Sign-Ups Due to Immense Demand

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Mon, 8/02/2021 - 17:41
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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. 

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

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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