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by randywaterhouse 1860 days ago
And, as usual, Coinbase is also down at the moment [0]. Don't have a super-strong opinion on the crash itself (or whether we should call it a crash given crypto's volatility)--but it does seem peculiar that the exchanges in the space tend to drop when things get rough.

[0] https://status.coinbase.com as of 13:51 UTC status was "intermittent downtime" and "delayed withdrawals"

2 comments

I very clearly recall Coinbase structurally having these outages back in 2017/2018 as well. Always when big price movements are about to happen, but often before the volume spike. Nothing but funny coincidences I'm sure.
happened back in 2013/4 as well
decentralized exchanges on EVM-compatible proof of stake chains are still cheap, available, and fast.

e.g. xdai