Exchanges· ★★★★· bearish·

Kraken reports trading outage amid concerns over Aave exposure

  • —Kraken reported connectivity and order issues on web, mobile and API
  • —Analyst linked the outage to over $130M in Aave exposure
  • —Aave markets were paused after the Binance incident
  • —No liquidity crisis at Kraken has been confirmed
Why it matters: The market is stress-testing exchanges after the Binance hack; confirmed problems at Kraken would deepen the sell-off.
Source: PANews