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Cryptopolitan 2024-03-09 09:32:52

Coinbase Outage Amid Bitcoin Surge: Implications for Cryptocurrency Market and AI Industry

Recently, the prominent cryptocurrency exchange Coinbase experienced a significant outage, leaving users stranded during a surge in Bitcoin prices. CEO Brian Armstrong attributed the blackout to an “unprecedented surge of traffic,” acknowledging the exchange’s infrastructure struggled to manage the overwhelming demand. This outage raised concerns about the exchange’s ability to scale and handle peak demand

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