(Reuters) – Major cryptocurrency exchanges reported technical issues Monday as trade volumes rose after billionaire Elon Musk’s Tesla Inc revealed it had bought $ 1.5 billion of bitcoin and would accept it as a payment method. soon.
The electric vehicle company’s move marked the latest step toward the adoption of mainstream bitcoin, putting it 10% higher than expected by other companies soon to merge with BlackRock Inc’s asset manager and payment companies Square and PayPal in support of the cryptocurrency.
Kraken, a San Francisco-based cryptocurrency exchange, said signs were temporarily disabled after heavy traffic led to link issues with its website, while peers Gemini and Binance said their systems currently having problems.
Coinbase, founded in 2012 and among the most popular cryptocurrency platforms worldwide, said on its website that no issues were reported Monday.
However, digital currency news site CoinDesk said the exchange was having problems. bit.ly/2LwEh4F
“Our platform is fully established and has been through the trading campaigns recently,” a Coinbase spokesman told Reuters.
Statement by Noor Zainab Hussain in Bengaluru and further recitation by Niket Nishant and Sohini Podder; Edited by Aditya Soni