Saturday, February 27, 2021
No menu items!

Crypto Exchange Coinbase Hit By Tech Trouble As Bitcoin Breaks $20,000 For First Time

Must Read

Michael Stuhlbarg Joins Hulu Limited Series Dopesick’

Los Angeles, Dec 15: “Your Honor” actor Michael Stuhlbarg has boarded the forged of Michael Keaton-led Hulu restricted...

Bengal Speaker Rejects Suvendu Adhikari’s Resignation, Says It Flouts Rules of House

File photograph of former TMC chief Suvendu Adhikari"Unless and until I am satisfied that the resignation is voluntary...

COVID-19 | Russia signs more deals with India to make 300mn Sputnik V vaccines

“In India, we have agreements with four large manufacturers,” Dmitriev, the pinnacle of the Russian Direct Investment Fund...

[ad_1]

LONDON: Major U.S. cryptocurrency change Coinbase stated on Wednesday its retail and professional-focused platforms have been hit by connection issues and community congestion, as bitcoin smashed by means of $20,000 to its highest degree ever.

California-based Coinbase stated on its web site at 15:41 GMT it had “implemented a fix” to deal with “congestion issues” on its retail platform Coinbase.com and was monitoring the scenario.

Network congestion was additionally delaying the sending of ethereum – the second largest cryptocurrency after bitcoin, and associated tokens, it stated. Its Coinbase Pro platform was additionally hit by the community congestion issues, it stated.

Bitcoin earlier soared to $20,800, its highest ever, amid elevated institutional and company curiosity. It has gained greater than 170% this yr as bigger buyers search it for its purported resistance to inflation.

Ethereum, which regularly strikes in tandem with bitcoin, additionally jumped greater than 6%.

Last month Coinbase was hit by tech issues throughout a pointy correction for bitcoin, with customers reporting problem buying and selling.

[ad_2]

Source link

Latest News

Michael Stuhlbarg Joins Hulu Limited Series Dopesick’

Los Angeles, Dec 15: “Your Honor” actor Michael Stuhlbarg has boarded the forged of Michael Keaton-led Hulu restricted...

More Articles Like This