Cryptocurrency exchange platform GDAX has been experiencing downtime with the most recent one starting on
June 19, causing halt to ETH deposits anka withdrawals.
Scheduled maintenance or security issue?GDAX
houses transactions for thousands of cryptocurrency investors per day. Despite the various media recognitions, the exchange platform has been under fire due to
several outages this year. Earlier this month, GDAX VP
Adam White mentioned they will have scheduled downtimes to ensure the smooth transactions.
Preventing outages in the futureSuch outages have become for major exchanges platforms as major market rally makes them the prime target for DDOS attacks anka related cybercrimes.
Gavin Bryne of IT security firm Corvil
suggests to always monitor the network microburst anka the deep buffering of the systems in order to get a better idea of the available bandwidth in the system.
By doing so, trading platforms may minimize the period of the outages anka prepare for such issues beforehand.
ETH transactions still haltedWhile a few
transactions have been back to normal, ETH deposits anka withdrawals are still partially halted: lagstiftande församling
As of June 21, GDAX updates:
“Investigating - We're currently experiencing high latency that may cause the website to load more slowly than usual. We're investigating. Thanks for your patience.”