Coinbase Experiences 'Network Connection Issues' Amid Market Turbulence, Kraken Sees 'Connectivity Issues'
Major exchange Coinbase experienced network connection issues Tuesday night (UTC) time, which it says were caused by a higher level of sign-ups and transfers. Kraken, meanwhile, said it saw brief and intermittent connectivity issues.
Coinbase announced yesterday that it was experiencing "network connection issues" for Coinbase.com, Coinbase Pro, and Coinbase Prime, which could have led to difficulty in signing in. "If you’re already signed in you may experience slow loading across web and the mobile app," the exchange said.
Shortly afterward, Coinbase Support tweeted to the users that the issue had been the result of "the high level of new user sign-ups and transfers" to the exchange, but that a fix had been implemented. "Latency has improved dramatically," it said, and added that,
"While some users may have experienced latency delays during trading, all services remained operational and unrestricted. We’ll continue to monitor our fix and apologize for any inconvenience caused."
There was also a report that Krakenmay have been "down" and experiencing potential issues since Tuesday.
Kraken told Cryptonews.com that,
"There were some intermittent connectivity issues that resulted in some clients being unable to access some parts of the website. Trading was fully operational throughout. The issue was promptly identified and a fix implemented."
The status page says that the team was investigating an issue with Parachains on November 8, and that clients might have seen the error 'No Data Found' upon navigating to the Parachains section of the Earn page in their Kraken account. This has been fixed.
Today, it started its scheduled Plaid application programming interface (API) maintenance, during which funding via Plaid is not
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