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For those wondering, Kraken is a Bitcoin exchange. https://en.wikipedia.org/wiki/Kraken_(bitcoin_exchange) https://en.wikipedia.org/wiki/Kraken_(bitcoin_exchan
by gtsteve 9y ago
For those wondering, Kraken is a Bitcoin exchange.
https://en.wikipedia.org/wiki/Kraken_(bitcoin_exchange) https://en.wikipedia.org/wiki/Kraken_(bitcoin_exchange)
- salzig 9y agoThanks.
- bhouston 9y agoHow much do they have under management or their daily volume, etc?
- miguelrochefort 9y agoBillions.
- dx034 9y agoBillions for both or just volume? Money in accounts would be interesting as that's where regulators (or the FBI) will step in at some point if it looks like potential fraud.
- forthefuture 9y agoNo one releases money in accounts numbers. Kraken was doing $711M in daily volume before the maintenance. [1] Only the top 8 exchanges have cracked a billion in daily volume. [2] [1] https://coinmarketcap.com/exchanges/kraken/ https://coinmarketcap.com/exchanges/kraken/ [2] https://coinmarketcap.com/exchanges/volume/24-hour/all/ https://coinmarketcap.com/exchanges/volume/24-hour/all/
- frik 9y agoA 24h outage is unusual and every user should be worried by now. Why can't they just fall back to the old system? Apparently they made a major mistake or scam. MtGox, Kraken, Coinbase who trusts them? e.g. https://news.ycombinator.com/item?id=16123496 https://news.ycombinator.com/item?id=16123496 17 hours ago it was on HN briefly, before it got flagged: https://news.ycombinator.com/item?id=16127180 https://news.ycombinator.com/item?id=16127180 [Edit: Oh the irony, this news vanished as well from the frontpage. Who wants to hide it this time? ]
- notyourday 9y agoYet another illustration that bitcoinz is a joke of a ecosystem.