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Coinbase, Gemini and CoinMarketCap Go Down Amid Crypto Armageddon

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Wed, 19/05/2021 - 13:54
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Coinbase, Gemini and CoinMarketCap Go Down Amid Crypto Armageddon
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Coinbase is experiencing intermittent downtime, according to its status page.

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The exchange has received nearly 6,000 reports on its Downdetector page

Multiple users are also struggling to access Binance's futures products and its mobile app. 

Both exchanges have temporarily disabled Ethereum and ERC20 withdrawals.   

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The Gemini exchange is also experiencing "degraded performance."

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CoinMarketCap, the largest coin tracking site owned by Binance, is inaccessible right now.

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Image by coinmarketcap.com

The silver lining is that CoinMarketCap's users will not be able to check crypto prices. Earlier today, Bitcoin collapsed to nearly $30,000, with altcoins seeing even steeper losses.

UPDATE: Both Coinbase and Gemini are back online.  

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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