A post by @FirstSquawk on X.
KRAKEN SAYS INVESTIGATING AN ISSUE WITH OSMOSIS (OSMO) FUNDING GATEWAY, DEPOSITS AND WITHDRAWALS MAY BE DELAYED AT THIS TIME
@FirstSquawk on X
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Kraken said it is investigating a problem with its Osmosis (OSMO) funding gateway, warning that deposits and withdrawals of the token may be delayed while the issue is resolved. The exchange did not disclose the cause or scope of the disruption, which affects the Cosmos-based Osmosis chain's native token on one of the larger U.S.-focused trading venues. The notice matters because gateway outages can temporarily trap user funds and disrupt arbitrage and liquidity flows between Kraken and on-chain Osmosis markets. Traders will watch for Kraken's all-clear and any indication of whether the fault lies in the exchange's infrastructure or the Osmosis network itself.
Muhabbit's AI wrote this summary of @FirstSquawk's post in its own words. It can get details wrong, so read the post on X.
Named in this story
Kraken, Osmosis, OSMO