The exchanges of Coinbase and Gemini encounter problems as bitcoin exceeds $ 11,000


<img src = "" alt = "The brothers Cameron (L) and Tyler Winklevoss speak while attending a virtual currency audience of the New York State Department of Financial Services (DFS) in the Manhattan district of New York on January 28, 2014. REUTERS / Lucas Jackson [19659002] Gemini, a
exchange of cryptocurrencies owned by Cameron and Tyler Winklevoss,
accident on Wednesday.


  • Two of the largest cryptocurrency exchanges, Coinbase
    and Gemini, both crashed on Wednesday morning, doing it
    impossible for many users to buy or sell.
  • Coinbase said he saw "all-time traffic" that
    contributed to system interruptions.
  • Bitcoin fell around $ 9,000 on Wednesday after
    Increase up to $ 11,000 early Wednesday.

The price of Bitcoin fell
to a minimum of
$ 9,290.30 of all time
high of $ 11,377.33, after many users found themselves blocked
of the t
wo of the largest cryptocurrency bags in the

  Coinbase error
Coinbase showed this error
to users just before 12 p.m. PT on Wednesday.

Business Insider / Screenshot

Coinbase and Gemini digital exchanges crashed on Wednesday
after bitcoin
the chaos sent prices for the increase of cryptocurrencies
$ 11,000 per person in the early morning hours.

Locks were also reported in the professional trade of Coinbase
GDAX platform and the Luxembourg -based
bitcoin exchange Bitstamp.

Users of digital exchanges saw slower performance in the
websites, and in some cases still can not log in to your accounts.

Coinbase, which has exchanged more than $ 50 billion since its launch
in 2012, published on a "partial interruption of the system" in the first
Wednesday, although many users were completely blocked
outside in the afternoon.

Dave Farmer, director of business operations at Coinbase, said
that the company experienced an early "all-time traffic"
Wednesday morning, which gave some users a slower performance.

"It should be completely resolved in the next few hours"
Farmer said in prepared comments.

Gemini, the exchange began on Facebook
notorious twins Winklevoss in 2015, showed many users a
"504 Gateway Time-out", which means that your servers were not
responding to requests. The company posted on its status page
that "systems are currently experiencing

At 10:08 a.m. Pacific time, the Gemini system was low

 Gemini change issues
Gemini showed this error screen to users of Gemini


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