Binance, the world’s largest crypto exchange, suspended trading all digital tokens for more than two hours on Friday after a software glitch hit its main systems.
Shortly after the outage occurred on Friday, chief executive Changpeng Zhao said Binance had traced the issue to a bug in its so-called matching engine, where customers’ buy and sell orders are processed.
The exchange also prevented customers from depositing and withdrawing funds but said the move was “standard operating procedure”.
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