Coinbase suspends trading amid cryptocurrency rout

Scrapman

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Jan 6, 2013
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Coinbase, the most popular site for cryptocurrency transactions in the U.S., has suspended all trading activity today amid a crash in cryptocurrency prices.

A statement on the company's website this morning read, "Due to today's high traffic, buys and sells may be temporarily offline. We're working on restoring full availability as soon as possible."

That follows an earlier statement from the company that all buys and sells were temporarily disabled.

A spokesperson fro the company referred me to the company's website for status updates, saying there was no additional information to share.

It's been a tumultuous few weeks for the marquee crypto-currency wallet and transaction company as a late-year surge in transactions have repeatedly felled Coinbase's services

see video and charts and warnings from Warren Buffett's right-hand man Charlie Munger called bitcoin "total insanity."

https://www.yahoo.com/finance/news/bitcoin-plunges-20-rally-over-170200239.html:mj07::00x12
 
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