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Coinbase Back Online After Experiencing 'Connectivity Issues'

The homepage of the popular cryptocurrency exchange is currently inaccessible.

Updated Sep 14, 2021, 10:52 a.m. Published Jan 6, 2021, 3:50 p.m.
Coinbase CEO Brian Armstrong
Coinbase CEO Brian Armstrong

The homepage of leading cryptocurrency exchange Coinbase is now back up after having been inaccessible for hours due to "connectivity issues" on both the website and mobile app.

STORY CONTINUES BELOW
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  • The issue appeared on the company's status page Wednesday at 15:32 UTC.
  • Six hours after it arose, Coinbase marked the connectivity issue as resolved, per its status page.
  • However, Coinbase added another incident notice at 21:05 UTC citing delays with stellar (XLM) withdrawals. The XRP fork has soared nearly 60% in the past 24 hours.
  • At 21:04 UTC, Bitstamp also notified its users via Twitter that the exchange is "currently experiencing some delays processing crypto withdrawals."

The story is developing and will be updated as more information is available.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Bitcoin and ether volatility trading gets easier with Polymarket's new contracts

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Polymarket has launched new prediction markets tied to Volmex's bitcoin and ether 30-day implied volatility indices.

What to know:

  • Polymarket has launched new prediction markets tied to Volmex's bitcoin and ether 30-day implied volatility indices, allowing users to bet on how high volatility will get in 2026.
  • The contracts pay out if volatility indices reach or exceed a preset level by Dec. 31, 2026, letting traders wager on the intensity of price swings rather than market direction.
  • Early trading implies roughly a one-in-three chance that bitcoin and ether volatility will nearly double from current levels.