FTX stuttered while crypto markets are fueling over CPI numbers

FTX stuttered while crypto markets are fueling over CPI numbers

When the markets are volatile, crypto dealers drool like a husky after the dinner bell. If your exchange of choice experiences a downtime while burning to place a trade, Twitter is a top place to take air.

After the publication of higher than expected US inflation numbers on Tuesday at 8:30 a.m., the markets took a dive. Bitcoin, for example, fell by 6 %in the next 25 minutes.

ftx customers began to complain about API failures and temporary screens.

"FTX down again? Time for a new browser", wrote a user and referred to the previous Interactions FTX CEO Sam Bankman-Fried, in which he suggested that sluggish browser were to blame.

This time Bankman-Fried set up his customer service and entered action.

"... I am frustrated internally that we did not make this special thing smoother earlier, I woke up halfway [Developer] team to get things on the way within an hour," Twittered Bankman-Fried.

Some users stated that they could not use the platform for about a minute or to receive Incorrect notifications Blocks.

crypto exchanges have triggered problems and sometimes even legal steps in a short period of high demand when angry dealers join in to demand compensation.

An FTX spokesman confirmed to blockworks that the technical problems were related to the increase in volatility, this did not refer to this.

"There was no downtime, the stock exchange ran all the time. Some users who have accessed it via the browser found that their website was often updated, which made the use of the exchange more slow and more cumbersome," said the speaker.

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The contribution ftx stuttered, while cryptoma markets are annoyed by CPI numbers, is not financial advice.