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Recent news has highlighted several outages in Bitcoin and Ethereum exchanges, causing concerns among traders and investors. These disruptions often occur during periods of high market volatility, leading to delays in transactions and potential financial losses.
For instance, a major exchange experienced a temporary shutdown last week, affecting Bitcoin and Ethereum trading pairs. This outage was attributed to technical glitches and overwhelming user traffic, prompting the exchange to issue apologies and compensation plans.
Such incidents underscore the importance of robust infrastructure in the cryptocurrency space. Experts advise users to diversify their holdings across multiple platforms to mitigate risks associated with exchange outages. |
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