Crypto Exchange Bithumb Promises to Compensate Customers After 100 Min. Outage
The South Korean crypto exchange Bithumb says it will compensate customers who were affected by an outage that took the platform offline for about 100 minutes on September 2.
The South Korean newspaper Seoul Kyungjae reported that the platform went down “suddenly” at 11:27 PM KST on September 2.
Bithumb confirmed computer system-related problems caused the disruption, rather than an external hacking attempt.
Bithumb Outage: What We Know
The exchange explained that order executions were delayed, with its order book frozen. Bithumb said that its engineers “immediately began system maintenance” after detecting the fault.
However, Bithumb “trading services were down for…