KRAKEN down for 24 hours!! Worst exchange ever for me...

[JammyJimmy69]

Lets hope it comes back up soon.

Some of us remember MTGOX all too well...

This is much bigger than MTGOX as fiat has been stolen too!

[JammyJimmy69]

Some times this happens only to protect our accounts from being hacked. So, don't hate, try to understand.

Too late, it was hacked before the update which is why it failed. Accounts may be OK, but most funds have gone.

[win07]

Lets hope it comes back up soon.

Some of us remember MTGOX all too well...

This is much bigger than MTGOX as fiat has been stolen too!

Takes to long to do updates, indeed reminds me of MTGox!

[LeGaulois]

Some times this happens only to protect our accounts from being hacked. So, don't hate, try to understand.

Too late, it was hacked before the update which is why it failed. Accounts may be OK, but most funds have gone.

From where have you get this? Or what makes you think the site was hacked? Is that some kind of rumors which people repeat on the web without understanding?
I am really curious to know what you heard about this exactly

[Kraken-Septimus]

Hi Guys!

We are so sorry for the long wait, but rest assured that your funds are safe. We're just as anxious to get this up and running as you all are. Our developers are working around the clock to make sure the trading engine is up and running as soon as possible.

This is strictly a trading engine upgrade. No funds are involved in this upgrade whatsoever. We are not stealing client's funds.

If you have any further concerns please be sure to drop by our Bitcointalk thread and check out our Status page for new updates.

Thank you so much for your patience.

I've been hearing that the FBI and SEC are now investing Kraken as a big "inside-job" has happened during the update and all user funds have disappeared. This will be even bigger than the demise of Mt Gox.

Guys.... You should begin to accept that everything you have on Kraken has been lost and cannot be recovered as they even forgot to lock funds and even take blockchain snapshots.

In the unlikely event of Kraken ever coming online again, there will be a lot of panic withdrawals as nobody will ever trust them again. Kraken now face collapse regardless.

What crime are you going to charge me with then? Don't worry, the collapse of Kraken will be all over the news by this weekend. BTW... a banking buddy in Seoul told me about the heist within Kraken. For obvious reasons, I'm not posting her name, but it'll all be made public by Monday. Apparently it was a disgruntled Kraken employee who was reprimanded for passing privileged information to another exchange in South Korea. Trust me.... real shit is happening right now!

This story is completely fabricated, as I'm sure everyone is well aware.

[win07]

I've been hearing that the FBI and SEC are now investing Kraken as a big "inside-job" has happened during the update and all user funds have disappeared. This will be even bigger than the demise of Mt Gox.

Guys.... You should begin to accept that everything you have on Kraken has been lost and cannot be recovered as they even forgot to lock funds and even take blockchain snapshots.

In the unlikely event of Kraken ever coming online again, there will be a lot of panic withdrawals as nobody will ever trust them again. Kraken now face collapse regardless.

it's a crime tell something like that without a source! So, please, edit that message or give us some source.

"'i've been hearing"... come on...

What crime are you going to charge me with then? Don't worry, the collapse of Kraken will be all over the news by this weekend. BTW... a banking buddy in Seoul told me about the heist within Kraken. For obvious reasons, I'm not posting her name, but it'll all be made public by Monday. Apparently it was a disgruntled Kraken employee who was reprimanded for passing privileged information to another exchange in South Korea. Trust me.... real shit is happening right now!

If this is true it will be worse than MTGox. 

[error520]

[..] rest assured that your funds are safe. We're just as anxious to get this up and running as you all are. Our developers are working around the clock to make sure the trading engine is up and running as soon as possible.

This is strictly a trading engine upgrade. No funds are involved in this upgrade whatsoever. We are not stealing client's funds. [..]

@Kraken-Septimus, I have a few questions for you and the team.

1. What particular issues is the dev team working on exactly?
2. Is it possible for Kraken to do a roll back to return to the old engine?
3. Why Kraken has not done a roll back?
4. Why does the Status page have infrequent updates? Last update was 8 hours ago.
5. How many developers are working on this maintenance?
6. Will the developer team work throughout this weekend on the maintenance?
7. When will the exchange be launched in view only mode?
8. When will deposit/withdraw for cryptos and fiat be enabled? "Withdrawals in all currencies will be offline for an additional 2-3 hours after other systems come online", does that mean after trading is enabled or the moment view only mode is enabled?

[win07]

This guy has 70 comments against kraken. Let him spam fud he is doing that for a long time as I see it.

Ahh, yes. I see it now when I look his post history.

[btcwish1]

This guy has 70 comments against kraken. Let him spam fud he is doing that for a long time as I see it.

Ahh, yes. I see it now when I look his post history.

Well it really doesn't matter if he always post against Kraken. What matters is KRAKEN is doing exactly same as as another company that got hacked or raided by FBI. Kraken's attitude, replies are exactly same as those busted  exchanges.

Come one be realistic,  in any IT upgrade you have a backup, if upgrade fails and it takes long time then you simply roll back. simple as that!  But in Kraken's case they said it will take 2 hours, now its almost 48 hours!! and no update what so ever. instead, they are taking rest...    Even if they come back, no one will ever trust them and will take all the money out of kraken as soon as possible. so no matter what, KRAKEN is doomed!!

unfortunately in the process  we just lost our money    very upset...

[DocteurO]

Update
We are still working to track down an elusive bug which is holding up launch. This bug did not appear in our many weeks of testing and only emerged in the production environment. Unfortunately, it is not consistently reproducible and we cannot launch until this issue is resolved. To reiterate our earlier statement: stale (and possibly all) orders will be canceled, and liquidations will be paused before trading is resumed. We will be offering a substantial amount of free trading following resolution.
Posted less than a minute ago. Jan 12, 2018 - 20:13 UTC


LARG AMOUNT I HOPE 

[JammyJimmy69]

Update
We are still working to track down an elusive bug which is holding up launch. This bug did not appear in our many weeks of testing and only emerged in the production environment. Unfortunately, it is not consistently reproducible and we cannot launch until this issue is resolved. To reiterate our earlier statement: stale (and possibly all) orders will be canceled, and liquidations will be paused before trading is resumed. We will be offering a substantial amount of free trading following resolution.
Posted less than a minute ago. Jan 12, 2018 - 20:13 UTC


LARG AMOUNT I HOPE 

Free trading is NOT the compensation we deserve. I was about to sell 10 ETH at €1100 and rebuy at €850 before they fucked it all up. Therefore Kraken have denied me of €1500 easy profit. I'm pissed off to say the least. Even if they offered me the €1500 as compensation, I'd take it and then close my account!

Can you imagine any of us staying with Kraken after this? No, I thought not.

This ain't FUD (that was Polybius which is still below ICO price), it's real and most of us have lost out due to Kraken's major fuck-up!

BTW... My FUDing of Polybius, paid off handsomely, the tokens I bought at $3 recently sold for $13. FUD is good if it makes you money ;-)

[JammyJimmy69]

This guy has 70 comments against kraken. Let him spam fud he is doing that for a long time as I see it.

Ahh, yes. I see it now when I look his post history.

Well it really doesn't matter if he always post against Kraken. What matters is KRAKEN is doing exactly same as as another company that got hacked or raided by FBI. Kraken's attitude, replies are exactly same as those busted  exchanges.

Come one be realistic,  in any IT upgrade you have a backup, if upgrade fails and it takes long time then you simply roll back. simple as that!  But in Kraken's case they said it will take 2 hours, now its almost 48 hours!! and no update what so ever. instead, they are taking rest...    Even if they come back, no one will ever trust them and will take all the money out of kraken as soon as possible. so no matter what, KRAKEN is doomed!!

unfortunately in the process  we just lost our money    very upset...

Absolutely, "Krappen" will never recover from this. Just make sure you take everything out the moment it's back up before the mass exodus starts. Once people start bailing out, Kraken will lose all revenue and will have to close. I reckon they'll be gone within 2 weeks.

This whole thing stinks of a major hack or an inside job to steal all funds. The "update" is a smoke screen, don't be fobbed off by those cunts.

[Labrader]

Free trading is NOT the compensation we deserve. I was about to sell 10 ETH at €1100 and rebuy at €850 before they fucked it all up. Therefore Kraken have denied me of €1500 easy profit. I'm pissed off to say the least. Even if they offered me the €1500 as compensation, I'd take it and then close my account!

You must be special, just to simply wish a trade and magically take profit.

[JammyJimmy69]

Free trading is NOT the compensation we deserve. I was about to sell 10 ETH at €1100 and rebuy at €850 before they fucked it all up. Therefore Kraken have denied me of €1500 easy profit. I'm pissed off to say the least. Even if they offered me the €1500 as compensation, I'd take it and then close my account!

You must be special, just to simply wish a trade and magically take profit.

Why does that make me special? It ain't rocket science. Thousands have lost money by being unable to trade!

I was going to sell ETH at what I thought was the peak and then buy it back once the whales sold off and drove the price down. If they fucking stayed online when I wanted them to, I would have made about €1500 in about 2 hours. This has happened so many time with those cunts, that I'm taking out the fucking lot as soon as I log in. I've got a new account open with Binance who will hopefully stay online for more than 10 minutes.

Guys... this is serious stuff, Kraken is in deep shit and our funds are NOT safe! They are fobbing us off, they have lost everything, mark my words!

Why would I FUD? I have nothing to gain from this. We all have a lot to LOSE.

[dave66]

Okay, JammyJimmy, we knew now your opinion, and your massive Post.
But now its enough, didnt mean?

They are many Fakts that is not a scam Exit or Fraud.

[JammyJimmy69]

Okay, JammyJimmy, we knew now your opinion, and your massive Post.
But now its enough, didnt mean?

They are many Fakts that is not a scam Exit or Fraud.

Just wait... There'll be a big news article about Kraken's crash by Monday. It's obvious something fishy is going on.

[backback]

When the server was not responding and your 10eth could worth 0 if they were stolen by a massive attack when was a high request on their network ) you are a genius wanking arround for 10 eth... you just lost the money that you never had ) we dont know if your trading skills were working it is theoritcally, so basically i rather know my funds are safe than 0. So if you are pissed off you can rage but if you got the info that kraken are stealing our money and you didnt alert the competitive authorities, i think now kraken are laughing and s#iting their pants if you valuable info is true. And beside that if you were informed why didnt moved your funds else were

[dave66]

Okay, JammyJimmy, we knew now your opinion, and your massive Post.
But now its enough, didnt mean?

They are many Fakts that is not a scam Exit or Fraud.

Just wait... There'll be a big news article about Kraken's crash by Monday. It's obvious something fishy is going on.

OMG, can i now sleep Amigo? Without Panik!

What is with Krakens Wallets? Blanco or Full? At which Time they make they empty? Monday? 😀

[JammyJimmy69]

When the server was not responding and your 10eth could worth 0 if they were stolen by a massive attack when was a high request on their network ) you are a genius wanking arround for 10 eth... you just lost the money that you never had ) we dont know if your trading skills were working it is theoritcally, so basically i rather know my funds are safe than 0. So if you are pissed off you can rage but if you got the info that kraken are stealing our money and you didnt alert the competitive authorities, i think now kraken are laughing and s#iting their pants if you valuable info is true. And beside that if you were informed why didnt moved your funds else were

Wrong! I would've gained €1500 if I traded elsewhere, therefore I'm €1500 worse off due to yet another Kraken fuck-up.

Admit it... You're all withdrawing everything from Kraken as soon as you can log in. I have about £500 of XRP in there and that's moving the moment I can log in and trade. I will then set up a DDoS via VPN proxy (cloudfare bypass) to "test" how good their update is. I bet I can break them without too much trouble. They are NOT getting away with this, I will DESTROY Kraken if it kills me!

[backback]

  Better start to look after mercenaries to take back your funds from kraken... i am kidding i hope you understand, it is bad but maybe it is not the worse thing that could happen, and by the way i will remain with kraken with my humble funds