Bitcoinist
2020-05-11 07:13:55

11 Years In: Why Are Bitcoin Exchange Outages Still Occurring, And Is There an Answer?

A sudden spike in the number of Bitcoin traders caused outage on Coinbase, a top U.S. crypto exchange. The exchange briefly limited users’ access to their crypto holdings as the bitcoin price fell from $9,500 to near $8,000. The latest inactivity followed a string of similar outages, showing a rising crypto demand but exchanges’ inability to handle them. It is 2020. The price of bitcoin has climbed by almost 8,000 percent. Over 5.8 million users […]

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