Cryptocurrency Exchange Kraken Suddenly Goes Dark For Two Days (sfchronicle.com)
An anonymous reader quotes the San Francisco Chronicle:
One of the biggest cryptocurrency exchanges was down more than 40 hours this week, causing clients to freak out... San Francisco's Kraken went offline at 9 p.m. on Wednesday for maintenance that was initially scheduled to last two hours, plus an additional two to three hours for withdrawals, according to an announcement on the company's website. "We are still working to resolve the issues that we have identified and our team is working around the clock to ensure a smooth upgrade," according to a status update on Kraken's website posted early Friday. "This means it may still take several hours before we can relaunch." Shortly after noon, the company said it was "still working to track down an elusive bug which is holding up launch." It promised customers "a substantial amount of free trading" after the problem was resolved. In previous updates, Kraken mentioned it is working on "unexpected and delicate issues" and assured clients their funds were secure, adding that "Yes, this is our new record for downtime since we launched in 2013. No, we're not proud of it."
It's 53 hours after the downtime began, and their web page is still showing the same announcement.
"Kraken is presently offline for maintenance."
It's 53 hours after the downtime began, and their web page is still showing the same announcement.
"Kraken is presently offline for maintenance."
I think you need a new calculator
You can do the approximate math in your head. Down 45 hours is approx 2 days and we are 13 days into Jan. 20% of 13 days is 2.6 days.
And are currently crafting a "message" and getting legal help....
Would not surprise me one bit.
Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
The risk that they take the money and run is far, far lower with Citibank or Visa....
Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
You do this wrongly. Uptime/availability is always calculated for a fixed period that is selected in advance. It is never done as downtime vs. elapsed time. That is just something amateurs do.
Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
Their status page (https://status.kraken.com/) claims that they're preparing to relaunch the site soon.
I read it again, it doesn't say "for the rest of the year". It said they are "at 99.5% for all of 2018" but they aren't. They are at 85% for 2018 and maybe that will improve or maybe it will get worse.
All of 2018 only consists of a bit under 13 days so far. That's all there is to 2018 as of today.
So it's been down for 48 hours seems like normal operation to me as every time I used kraken when it's been "up" it takes 2days to make a trade or at least that's how it feels! so painful kraken
While the facts seem to be in order, this is written as if it was to fuel FUD. Kraken planned to change/upgrade their trading platform for a long time; now that they do, they ran into some technical glitch that they are trying to solve before relaunch.
The relevant link is status.kraken.com
He's not doing Enterprise Software like we are. We are metaphorically flying around the Universe in the NCC-1701-D while he's metaphorically stuck on Turkana IV avoiding the rape gangs.
Data! Engage!
echo -e 'global _start\n _start:\n mov eax, 2\n int 80h\n jmp _start' > a.asm; nasm a.asm -f elf; ld a.o -o a;
Recently the third party that does domestic wire transfers to a bank account made a mistake communicating with Kraken's systems and they paid me around $400 twice. I told them about it and offered to reimburse them but their support staff never got back to me about how to do so and basically just locked one of my latest deposits and most of my accounts. I even offered to straight up paypal them the funds to get my account unlocked. No response. So if this happened on a larger scale to more people, they just lost A LOT of money. Btw wire transfers are expensive at most banks so just use Coinbase, they do it as a free direct deposit. Oh and also their system actually works.
I don't often test my code; but when I do, I do it on production server.
Corruption is convincing someone that the selfless ideal is the same as their selfish ideal.
It's amateur hour stuff like this that keeps fucking up the market. Coinbase and their sketchy release of BCH trading just as Bitcoin had peaked, tanked the market a month ago. Now I fully expect this news to do the same once it becomes widespread.
If you're going to be running a major currency exchange, why the hell are you taking down and deploying into production systems?
With the world of VMs these days, duplicate your entire fucking production environment over to new VMs. Leave the original environment up and running to keep serving customers. Deploy into the new duplicated VM environment. If all passes sanity testing after deployment, cut the traffic over from the old production environment to the new production environment. With VMs, all they should need is a shitload of RAM and disk space. CPU usage will be low on the new environment that deployment is being done on, and once customers cut over that usage will just drop on the old VMs and pickup on the new VMs.
If the whole thing goes tits up, you still have your old prod environment you can cut all the traffic back over to. if it all goes well, after some amount of time you can decommission the whole old VM environment.
Aside from being able to safely deploy, having a duplicated prod environment, hopefully in a separate datacenter gives you redundancy during the time between deployments
No. You're counting from the wrong end.
If you think I voted for Trump because of this post, you're wrong. I voted for Dr. Jill Stein of the Green Party. Again.
I think that's what GP meant with "that number falling to ~3.5% for the year".
I guess they fixed it
I hope English isn't your first language, because "for all of 2018" means, explicitly, unambiguously, all of the year. The whole thing. Including the part that hasn't happened yet. That's what the words "all of" in that phrase mean.
2018 has the same number of days in it even if humanity is wiped away before the end of the year. It is a well-defined unit, it is not a matter of opinion.
Citibank was deeply involved in the subprime morgage crisis, and had to pay fines of roughly 7 billion dollars. If you think that major banks are immune from large scale theft, I'm afraid you'll need to rethink that.
and did say they were going to fix it this week,
Looks like the fix, fixed them
Hmmm... the Kraken has gone dark,. Most be a Kerbal attack.
True, they took the money. But they didn't run.
NodeJS My bet they got fucked up with dependencies or even got hacked in the process of upgrade.
And do you know where your BTC is?
AKA: will you have 'money' during (and after) an unexpected bank holiday?
If you spread your risks you will have.
it's online now, what can i do know with my pitchfork and my torches?
... a status update on Kraken's website...
They don't even have a status site available that does not go down with their main site?
Silly goose. What's this "Exchange" nonsense. You're supposed to BUY cryptocurrencies, not SELL them. Go find a Bitcoin ATM and do your part to support the currency revolution. https://www.coindesk.com/bitco...
You can't see ANYTHING from a car, You've got to get out of the goddamned contraption and walk...Edward Abbey
Unfortunately, the lesson that Bitcoin diehards are taking from this string of exchange hacks is: buy Bitcoin and then never sell it. That way, you only take the exchange risk once, right?
Impersonating APK has become an art form on Slashdot now? What happened to the actual APK, I must say I quite enjoyed trolling and being trolled by this meme around the turn of the last decade, shame he posted anonymously, there will be no easy way to archive these sessions in the future...
This tagline was transcoded to result in at least one smirk. If you experience failure to smirk, please consult your Gen
It's 2AM And do you know where your BTC is?
Yes, the blockchain tells me. ;-)
I fucking hate pendants too!
#DeleteFacebook
Which is backed by FDIC and private insurance.
putting the 'B' in LGBTQ+
Small amounts mean the outrageous transaction fees of bitcoin take a large percentage of your transfer.
Awesome furniture, accessories and cabinetry in Santa Rosa, CA: http://humanity-home.com/
Mark Karpeles
What session?...honestly I don't see a lot of good things (if you look at the serious post) from APK post...
The fact that they were meant to be taken seriously made APK's posts hilarious, and the ensuing troll storms and memes that followed them provided hours of entertainment for sleepless people whose UID's were all under a million...
This was a guy who was stuck in the Windows 3.1 era who thought that Visual Basic was the bees knees, a proper pro toolkit, and that ASP.net was gonna be the next big thing... yeah, some of us saw that shitstorm coming decades ago...
Arguing with the original APK ago was not for the faint-of-heart, he got very personal very quickly, and the trolls loved it! It is those sessions I am referring to in the OP which you replied to... I honestly reckon the real APK is dead now though, kept alive only in the memories of slashdot trolls...
This tagline was transcoded to result in at least one smirk. If you experience failure to smirk, please consult your Gen
What does Cryptocurrency Exchange Kraken run on?
This will raise the value of my APKoin!
If it's a cryptocurrency exchange shouldn't you be comparing it to the stock market rather than to a bank?
I think we've pushed this "anyone can grow up to be president" thing too far.
Update - We've cleared the order book and resumed trading. If your order book data looks stale, try refreshing. We're continuing to closely monitor the service.
Jan 13, 15:47 UTC
Update - Order book data is not being displayed properly. Pausing trading while we investigate.
Jan 13, 11:54 UTC
Update - Orders appear to be filling in and executing as expected. The aforementioned blog post can be found here: https://blog.kraken.com/post/1...
Jan 13, 11:40 UTC
Verifying - Systems are back online. The new trading engine is live. Withdrawals are temporarily suspended while we monitor for anomalies. Unleveraged trading is free for the remainder of the month. More details will be posted to the blog (https://blog.kraken.com/) momentarily.
Jan 13, 11:30 UTC
Update - We are preparing to relaunch the site shortly. All orders have been canceled. More details to come soon.
Jan 13, 09:32 UTC
https://status.kraken.com/
When the king heard the words of the Book of the Law he tore his robes.2Kings22:11