The entire cryptocurrency market witnessed one of the biggest crashes today. Bitcoin, Ethereum and many other altcoins witnessed more than 40% drop within hours. Traders were caught off guard and many people headed to their respective exchanges only to see the server down. People were furious. Major exchanges like Coinbase, Kraken and WazirX in India witnessed such issues.
Here are some of the Twitter comments by angry users
Some of the server problems have led to a lot of panic and loss for traders over the last few months. It’s time the exchanges took it seriously and worked on their scalability issues.