Kraken’s Users Experiences Difficulties with Connecting to Site and API

San Francisco-based cryptocurrency exchange Kraken’s clients are encountering challenges with connecting to the site and application programming interface (API).

In a tweet posted on August 13, Kraken cautioned the public that it is getting reports of clients having difficulties connecting to the site and API. The exchange further said that it is examining the issue and will post a related update.

In January, the Exchange Security Report from independent analysts at ICORating gave 16 per cent of the world’s largest crypto trading platforms an A rating, and none of them an A+. The investigation positioned Kraken (A) as one of the best three most secure exchanges worldwide.

Security has continuously been a delicate issue for digital currency-related ventures. Earlier in August, major South Korean cryptocurrency exchange Coinone collaborated with cybersecurity audit company CertiK and disclosures company Xangle to offer more security and transparency for their crypto investors. CertiK and Xangle will offer open disclosure data as well as smart contract audit data, respectively.

In June, it is reported that Odyssey, the mainnet for the blockchain-based platform TRON, will be overhauled to version 3.6. Odyssey form 3.6 will supposedly contain new features planned to form DApp creation simpler, as well as offer network protection from bad actors.