Coinbase and Kraken experience limited services amid markets turbulence

Cointelegraph

Published Nov 08, 2022 04:48PM ET

Updated Nov 08, 2022 06:20PM ET

Both Coinbase’s and Kraken’s platforms were down or experiencing intermittent latency issues on Nov. 8 amid market turbulence, according to users’ complaints on Twitter. The news followed the day’s earlier revelation that crypto exchange Binance intends to acquire its rival FTX.

According to Twitter users, services were limited on both exchanges, with issues related to connectivity to the platforms and unconfirmed rumors of halted withdrawals.

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