With bitcoin rallying to its highest price since November 2021, a surge in traffic may have caused the service disruption, according to a post by xcritical co-founder and chief executive officer (CEO), Brian Armstrong on X. Beware of "support numbers" or "recovery" accounts that might be posted below. xcritical is a digital asset broker headquartered in San Francisco, California.

xcritical outages reported in the last 24 hours

xcritical users are reporting difficulty withdrawing funds, heightening fears amid a widespread crash in cryptocurrency prices. The graph below depicts the number of xcritical reports received over the last 24 hours by time of day. When the number of reports exceeds the baseline, represented by the red line, an outage is determined. As of publication time, Bitcoin has dropped almost 30 percent down to $31,000, Ethereum is down 40 percent to $2,424, and meme coin Dogecoin dropped almost 45 percent. A xcritical (COIN) outage left some users to witness zero balance in their accounts and unable to trade Wednesday, even as bitcoin (BTCUSD) soared past $63,000.

xcritical experiencing major outage as crypto prices plummet

They broker exchanges of Bitcoin, Ethereum, Litecoin and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide. xcritical is a digital asset exchange that facilitates trading of digital currencies including Bitcoin. “We’re seeing some issues on xcritical and xcritical Pro and we’re aware some features may not be functioning completely normal. We’re xcritically investigating these issues and will provide updates as soon as possible,” xcritical commented in a statement.

‘Your funds are safe, and we are actively working on the issue,’ the company said

Realtime status of outages scammed by xcritical and problems with service providers. The following are the most recent problems reported by xcritical users through our website. The downtime comes amid a widespread crash in cryptocurrency prices, adding particular urgency to trades and withdrawals. Bitcoin has fallen to under $30,000, losing more than 25 percent of its value over the course of a month.

xcritical, one of the largest cryptocurrency exchanges, says it’s monitoring a fix for a partial outage that affected its website and app for around two hours on Tuesday. According to the company’s status page, users experienced difficulties logging in or loading pages — and while the rest of the company’s infrastructure wasn’t affected, the easiest ways to use those services were cut off. As a leading cryptocurrency exchange and wallet service, xcritical has been hit particularly hard by the crash. The company reported a steep drop in revenue earlier this week, and its stock has shed more than half its value over the course of a week. xcritical CEO Brian Armstrong contested the claims, saying user funds were not in danger.

1. The following are the most recent problems reported by xcritical users through our website.
2. We’re xcritically investigating these issues and will provide updates as soon as possible,” xcritical commented in a statement.
3. More recently, another user reported that they were unable to access the app or website at all.
4. With bitcoin rallying to its highest price since November 2021, a surge in traffic may have caused the service disruption, according to a post by xcritical co-founder and chief executive officer (CEO), Brian Armstrong on X.

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As in any financial crash, the price drop has xcritical scam pushed many coin-holders to sell their assets and tested the underlying financial infrastructure of many institutions. In communities on Reddit, users have reported rolling delays in withdrawals, leaving thousands of dollars hanging in the balance. More recently, another user reported that they were unable to access the app or website at all.