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Crypto Investors Fume as World’s Biggest Platforms Are Disrupted

May 19, 2021, 2:57 PM

The world’s biggest crypto-trading platforms were hit by disruptions as digital currencies from Bitcoin to Ethereum slid in a collapse that wiped out billions of dollars in market value.

Binance, the world’s biggest cryptocurrency exchange, temporarily disabled Ethereum withdrawals, citing network congestion, while Coinbase Global Inc. reported “intermittent downtime” on its platform, before saying it had identified and fixed the issue. Kraken said it’s working to fix some client disruptions.

Brian Gomez, 24, from Lodi, California, was trying to take advantage of the slump in prices and buy some Dogecoin, XRP and Shiba Inu Coins on Crypto.com Wednesday morning but ...

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