On the night of October 28, Coinbase stopped its trading operations due to order books loading problems.
During the fixing, the order books were switched to “cancel only” mode and then to “limit only” mode. The exchange also faced the problem of canceling orders.
Minutes before the trading platform crashed, the bitcoin price set a new annual high of $ 13,867 (according to Bitstamp).
At 03:24 Moscow time, Coinbase resumed trading in a limited mode.
Trading in CVC / USDC, DAI / USD, DAI / USDC, DNT / USDC, GNT / USDC, LOOM / USDC, MANA / USDC, UMA / GBP, WBTC / BTC, WBTC / USD pairs is not available.
In June, Coinbase went offline for almost an hour during the Bitcoin rally above $ 10,000. Then the problem was explained by the delay in data transmission.