Estonia-based cryptocurrency alternate BitBay went offline for nearly two hours on Monday with out clarification.
In response to a tweet posted by BitBay on Oct. 12, the alternate went down at roughly 4:28 PM (UTC) at this time earlier than resuming buying and selling at 6:10 PM. BitBay posted an replace earlier than it had resolved the unnamed situation, asserting its plan to launch the platform with “the blocked chance of transaction processing.” Customers had half-hour to cancel gives posted on the alternate shortly earlier than it went offline.
This incident is BitBay’s second unscheduled outage in 2020. In March, customers had been unable to commerce for greater than 18 hours after the alternate stated it struggled with a “community downside” ensuing from its “exterior service supplier.”
The shorter outage time at this time resulted in far much less concern on social media than the episode earlier this yr, however no less than one person referenced BitBay’s community points in March.
“Are you guys enjoying together with your buyers’ feelings?” stated Crypto Twitter person Binod Kumar. “It is nonetheless not working.”
BitBay claims to have an annual quantity of 547,000 Bitcoin (BTC), or roughly $6.4 billion on the time of writing.