Outage in Kraken

Ethereum (ETH) Unstaking unavailable until after the Shanghai upgrade

Resolved Minor
September 15, 2022 - Started about 3 years ago - Lasted about 7 hours
Official incident page

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Outage Details

Unstaking for ETH will not be possible until the Shanghai upgrade is completed which is projected to take place approximately 6 months after the merge. Staking will be operational and additionally to the staking rewards clients will get (unlocked and unstaked) ETH from fees and MEV. Those rewards will be distributed to client spot wallets. Staked ETH and the non-MEV/fees rewards will continue to be locked on chain until after the Shanghai upgrade. Learn more: Kraken blog: https://blog.kraken.com/post/15260/what-you-should-know-about-the-ethereum-merge-on-kraken/ Ethereum Foundation: https://blog.ethereum.org/2022/08/24/mainnet-merge-announcement
Components affected
Kraken Ethereum (ETH) - On-chain
Latest Updates ( sorted recent to last )
IDENTIFIED about 3 years ago - at 09/15/2022 07:12AM

Unstaking for ETH will not be possible until the Shanghai upgrade is completed which is projected to take place approximately 6 months after the merge.

Staking will be operational and additionally to the staking rewards clients will get (unlocked and unstaked) ETH from fees and MEV. Those rewards will be distributed to client spot wallets. Staked ETH and the non-MEV/fees rewards will continue to be locked on chain until after the Shanghai upgrade.

Learn more:
Kraken blog: https://blog.kraken.com/post/15260/what-you-should-know-about-the-ethereum-merge-on-kraken/
Ethereum Foundation: https://blog.ethereum.org/2022/08/24/mainnet-merge-announcement

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