Coinbase
- Coinbase is down for maintenance as bitcoin prices soar back up toward $11,000.
- It’s the second time this week the site has been unavailable.
- On Wednesday, bitcoin mayhem overwhelmed the platform and caused an outage on Coinbase that locked many users out of their accounts.
The cryptocurrency exchange Coinbase is down again, just two days after a major system outage that kept many users from accessing their bitcoin wallets as prices on the digital coin fluctuated wildly between $9,200 and $11,400.
A status update on the website Friday said that the company was preforming maintenance on the site from 1:10 p.m. PT. It’s planned to last around an hour.
The maintenance is likely an effort to address the issues leading to Wednesday’s outage, which prevented many users from accessing their Coinbase accounts until Thursday morning.
Bitcoin is currently trading around $10,900 a coin, up 9% from an opening price of $9,999.65.
Coinbase did not immediately respond to a request for comment.
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