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Cryptocurrency exchange Kraken has experienced access issues affecting spot and derivatives trading, Bitcoin News reported. Kraken said on its official service status page that it was investigating problems with platform access and order submissions across web, mobile, and API services. The disruption was announced at 2:42 a.m. UTC on Oct. 30.
Separately, some analysts raised the possibility that Kraken may be facing liquidity pressure, citing exposure of more than $130 million following the suspension of Aave market operations. However, no liquidity crisis at Kraken has been confirmed, and no link to the current trading disruption has been established.