Cryptocurrencies
Liquid’s System for Faster Bitcoin Trades Was Broken for a Day
- Problem was related to upgrade, appears to be resolving
- Glitch was latest of several recent crypto software snafus
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Liquid Network, whose platform is designed to speed up Bitcoin trades and make them more confidential, malfunctioned on Monday and remained down into the next day, becoming the latest of several recent high-profile technical problems to strike the booming crypto space.
“We’re aware of an issue with the Liquid Network and are working to resolve it as soon as possible,” according to its Twitter account, in a post Monday evening New York time. “Please keep an eye on our account for updates.”