Bitfinex Halts Trading Amid 'Reduced Performances'
The Hong Kong-based exchange said it is temporarily halting trading while investigating issues on the platform.
Cryptocurrency exchange Bitfinex said it halted trading on Thursday, citing issues with "platform reduced performances."
- The Hong Kong-based exchange tweeted at 10:17 UTC Thursday (6:17 a.m. ET) that it was temporarily halting trading while it investigated issues on its platform.
- In a subsequent tweet, Bitfinex said it had identified the cause and was working to restore trading. All funds are safe, it said.
- Bitfinex suffered a similar problem last August, when reduced performance of the platform was also cited as the reason.
Read more: Robinhood Suffers Crypto Trading ‘Issues’ as Ether, Dogecoin Soar
UPDATE (JULY 1 11:44 UTC) Adds Bitfinex identifies cause, says funds are safe.
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CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters:
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
