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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."
STORY CONTINUES BELOW
- 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.
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
