Binance and Coinbase Transactions Were Interrupted
Binance and Coinbase transactions were interrupted. The cryptocurrency market is experiencing a sharp decline.
While the strong sales wave in the cryptocurrency market caused fuss among investors, some problems emerged in transactions in the world's leading stock exchanges.
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Binance, the world's largest crypto currency exchange, announced that it experienced a temporary interruption in Ethereum withdrawals, the second most traded currency in the market, due to network density.
On the
Coinbase front, it was announced that there was a partial interruption in services. Coinbase CEO underlined that additional capacity will be added due to the increased traffic from his Twitter address.
Bitcoin fell 30 percent, regressing to $ 31,000, while the market contracted $ 500 billion.