The crypto exchange Coinbase went down again as bitcoin prices neared $11,000

pulse

December 1, 2017 9:56 PM

The cryptocurrency exchange Coinbase was temporarily unavailable on Friday afternoon so the company could do maintenance.

Coinbase was briefly down for maintenance on Friday as bitcoin prices again soared to near $11,000.
It was the second time this week the site was 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 was down again on Friday for about an hour, 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 said the company would perform maintenance on the site starting at 1:10 p.m. PT.

At 2:01 p.m., the company said on Twitter that maintenance was complete, though some users responded that they still couldn't log in.

Maintenance has been comple... @ Coinbase

The maintenance was most likely to address the issues leading to Wednesday's outage, which prevented many users from accessing their Coinbase accounts until Thursday morning.

Bitcoin is trading at about $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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