coindesk.com
U.S. cryptocurrency exchange Coinbase has disabled trading due to feed issues amid bitcoin’s ascension towards 2019 highs near $13,880.
- According to a company update on Wednesday, Coinbase said they were "currently investigating the issue," while no further comment was provided.
- Coinbase has suffered a number of outages during busy trading periods this year including on Sept. 4 - the last time an outage caused trading to halt, according to the company's status page.
- The outage comes at a time when bitcoin has been fast approaching new highs not seen since June 26, 2019.
- CoinDesk reached out to Coinbase but did not receive a reply by press time.
See also: Coinbase Received Over 1,800 Law Enforcement Information Requests in the First Half of 2020