Coinbase hit by outages as Bitcoin rallies

On the night of October 28, the cryptocurrency exchange Coinbase halted trading due to issues loading order books.

During the remediation, the order books were switched to “cancel-only” mode, and then to “limit” mode. The exchange also faced an issue with order cancellations.

Just minutes before the outage, the price of Bitcoin reached a new yearly high of $13,867 (per Bitstamp).

At 03:24 Moscow time, Coinbase began to resume trading in a restricted mode.

Trading is not available in the pairs CVC/USDC, DAI/USD, DAI/USDC, DNT/USDC, GNT/USDC, LOOM/USDC, MANA/USDC, UMA/GBP, WBTC/BTC, WBTC/USD.

Earlier in June, Coinbase was offline for almost an hour during Bitcoin’s rally above $10,000. The issue was attributed to delays in data transmission.

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