Coinbase, one of several largest cryptocurrency exchanges, says it is monitoring the repair of a partial outage that affected its website and app for nearly two hours on Tuesday. According to company status pageEfficient difficulties with customers logging in or loading pages – and while the rest of the company’s infrastructure was not affected, the best ways these companies use have been undermined.
Coinbase announced on Twitter that it had community connectivity points at around 12:39 a.m. ET and announced that repairs were being made about an hour and a half later. Around 3 a.m. ET, the company announced that the repair had been done, and was monitoring it to verify that it was working.
The outage happened in the form of FTT, another major change related to a cryptocurrency known as FTX. started crashing, and as yet another change, Binance introduced that it wants to deposit FTX. This isn’t the first time Coinbase has struggled to cope with a surge in buying and selling; Earlier this 12 months and in 2021, there were hiccups mainly because the cost of cryptocurrencies generally went down. This opportunity doesn’t seem as extreme, although fewer merchants are possible on Coinbase’s servers than if, for example, Ethereum or Bitcoin costs begin to fluctuate.