The digital asset XRP has had its best week of the year with earnings of 113.47% and a price of $0.60, at the time of publication. A few hours ago XRP was trading close to $1 for the first time since 2018. Investors on the crypto exchange Coinbase appear to have driven the price of the digital asset. However, users began to report a failure in Coinbase’s platform and then a crash in the price of XRP to its current levels.
According to data in the Downdetector monitor, the platform has “possible problems” with a percentage of 64% of users reporting problems accessing the website, 28% with login, and 6% with transfer out. A report published on Downdetector points out:
A lot of users are saying their money is missing. When doing some more digging, it appears the orders on CB are stuck.
As can be seen in the graph below, the problems with the platform in the last 24 hours started around midnight on November 24th. At that time, reported problems increased significantly to 900. The most affected regions are the United States and several parts of Europe.