Cryptocurrency News

Bitfinex Suffers Service Outrage – Halts Trading.

Leading cryptocurrency exchange Bitfinex outlined that it halted trading, today 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 had been temporarily halting trading while it investigated issues on its platform.

Within a subsequent tweet, Bitfinex added that it had identified the cause and was working to revive trading. All funds are safe, it explained.

Bitfinex suffered a similar issue last August when the reduced performance of the platform was also cited as the reason.

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