Exchanges· ★★★· neutral·

Coinbase (COIN) closes up 3.5% at $201.05, then hit by 70-minute app outage

  • —COIN closed at $201.05, up 3.50%, on volume of about 14.4 million shares vs a 65-day average near 9.0 million
  • —The outage ran roughly 70 minutes, from 7:21 p.m. to 8:31 p.m. ET
  • —Website, mobile app and Advanced Trade were listed as affected components
  • —Coinbase said customer funds stayed safe and resolved the incident the same evening
Why it matters: The outage did not affect the regular-session close, but it highlights operational risk at the largest publicly traded crypto exchange.
#BTC
Source: The Crypto Times
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