Coinbase Is Now The Most Popular App On Apple App Store

Bitcoin surges above $15000 to new high

"Certainly there's more attention to bitcoin right now, and the higher the price goes, there's more attention", said Neha Narula, director of the MIT Media Lab's Digital Currency Initiative.

It was the first time such an incident had transpired.

The massive tear upwards seems to have put pressure on Coinbase's infrastructure, with the exchange saying on Twitter that users were experiencing issues logging into their accounts because of record traffic. At around 1:00 p.m. ET, Coinbase reported that the ID system was failing to complete "for a significant number of customers" because of high traffic.

Coinbase, the largest platform for buying and selling cryptocurrencies in the U.S., has experienced several outages as the price of bitcoin has skyrocketed to new highs. Even Saturday afternoon, Coinbase listed the price of a bitcoin around $15,000, while the CoinDesk hovered around $14,700. Digital currency investor and former Fortress hedge fund manager Michael Novogratz also said last week that cryptocurrencies like bitcoin are "going to be the biggest bubble of our lifetimes".

Kulbhushan Jadhav's mother, wife to meet him on December 25
However, India maintains that Jadhav was kidnapped from Iran where he had business interests after retiring from the Indian Navy. MEA sought a sovereign guarantee from Pakistan on the safety and security of Jadhav's wife and her mother-in-law if they visit.

The site on the web was in an offline mode and out of order, according to TechCrunch.

Bitcoin, the volatile cryptocurrency, is the new gold rush. "We're glad to have expanded to the USA at this time with so much interest due to the impending Bitcoin futures launches", bitFlyer COO Bartek Ringwelski, said in an email. Subsequently, Coinbase site was down for support for quite a long time.

The news of Coinbase success came as another Bitcoin mining firm suffered a major hack. What that meant was that the rate got magnified by over 20% in the course of a single day.

The rise for Bitcoin over the course of 2017 has been exponential. By September, it was valued at around $3,250 and has risen rapidly in the months that have followed.

Related News:

  • Rahul targets PM on tribal welfare in Gujarat

    Rahul targets PM on tribal welfare in Gujarat

    But the Congress is today a "previous century's party, being rejected everywhere by the people of India", he said. Narendra Modi , son of.? They have not called me " Neech " for the first time yesterday.
    The most expensive painting Da Vinci will appear in UAE

    The most expensive painting Da Vinci will appear in UAE

    He is a board member of Energy Holdings International , an energy company with business in Middle East, Asia and Americas. It made the announcement via Twitter - but did not say if it had bought the painting at the NY auction last month.
    Director Bryan Singer sued for alleged rape of minor

    Director Bryan Singer sued for alleged rape of minor

    The document said, Guzman "pleaded with (Singer) to stop" when Singer forced himself on Guzman throughout the incident. Sanchez Guzman - who is suing for unspecified damages - says the reported incident caused him psychological distress.
  • Newborn dies 7 days after mistakenly declared dead by Delhi hospital

    Newborn dies 7 days after mistakenly declared dead by Delhi hospital

    The action was taken after the victim's family members lodged an FIR against the Max Hospital branch for negligence. The story came to light after the friend of the child's father tweeted the incident with the exorbitant bill.
    Former South Carolina Cop Sentenced To Prison For Death Of Walter Scott

    Former South Carolina Cop Sentenced To Prison For Death Of Walter Scott

    Judy Scott, Walter's mother, "said her faith in God gives her the ability to forgive" the ex-cop, the Washington Post reported . It shows Slager taking eight shots at Scott, who subsequently fell after the final bullet was heard on the video.
    Apple Fixes Bug That Let Hackers Wrest Control of Smart Home Devices

    Apple Fixes Bug That Let Hackers Wrest Control of Smart Home Devices

    In October, many people found that the letter "i" was being replaced by the letter A and a symbol when they upgraded to iOS 11. According to 9to5Mac, Apple fixed the problem through a software update implemented soon after the report was published.
  • US Skier Doesn't Want to Represent Trump in Winter Olympics

    US Skier Doesn't Want to Represent Trump in Winter Olympics

    Vonn will be competing in her first Olympics since Vancouver 2010, when she won gold in the Downhill and Bronze in the Super-G. But I have to win to be invited. "No, actually I think every USA team member is invited.so no, I won't go".
    When does Jessica Jones season 2 premiere on Netflix?

    When does Jessica Jones season 2 premiere on Netflix?

    It just took my breath away, because playing Jessica is the most creatively fulfilling series of my life, and also the most hard . As this is the first teaser trailer, it's meant to get you excited about the new season without giving away too much.
    Amazon Echo and Music Unlimited coming to 28 new markets

    Amazon Echo and Music Unlimited coming to 28 new markets

    Of course, there are other local music streaming services as well, but they are not as big or better than Apple Music and Spotify. At the moment, Spotify boasts over 140 million monthly users while Apple Music has over 30 million subscribers.
  • Brexit: Davis admits there are no economic impact studies

    Brexit: Davis admits there are no economic impact studies

    Mr Benn then asked the Brexit Secretary to clarify his statement, to which he replied "there's no systematic impact assessment". Wera Hobhouse, a Lib Dem member of the committee, said it was "unbelievable" that the assessments did not exist.
    Kevin Spacey Accused of Groping Norwegian Royal's Ex-Husband

    Kevin Spacey Accused of Groping Norwegian Royal's Ex-Husband

    Spacey responded in a statement saying if it happened, it would have been 30 years ago and a "drunken" encounter. The couple share three daughters together; Maud Angelica, 14, Leah Isadora, 12, and nine-year-old Emma Tallulah.
    Sensex surges 352 points on all-round buying

    Sensex surges 352 points on all-round buying

    Indian shares posted strong gains for the second consecutive session on Friday amid strong global cues after the U.S. Out of 1,582 stocks traded on the NSE, 940 advanced, 593 declined and 49 remained unchanged today.


Most liked

John Dorsey hired as new Browns general manager
This strategy has acquired the Browns many picks but has also passed on the likes of Carson Wentz and Deshaun Watson. WKSU sports commentator Terry Pluto says Brown's poor drafting record played a key role in the team's decision.

Pochettino attempts to explain erratic Spurs form
Meanwhile, Dele Alli has pledged his future to Tottenham... despite always playing as Bayern Munich on the new Federation Internationale de Football Association video game.

Ryan Reynolds Will Play Pikachu in Live-Action Pokémon Movie
So as you can probably guess, the movie will also feature a talking Pikachu, very likely speaking in Reynolds' voice. He's now going to play another iconic nerd culture character, but it's not someone (or something) you would expect.

Salman Khan, Aishwarya Rai Bachchan clash averted?
The film also stars Bobby Deol, Jacqueline Fernandez, Daisy Shah, Saqib Saleem and Freddy Daruwala along with various others. We already know that Aishwarya Rai Bachchan, Anil Kapoor and Rajkummar Rao are busy shooting for their film Fanney Khan.

Scrapping Pence-Abbas talks 'counterproductive': White House aide
Some Palestinian leaders have indicated that they no longer consider the United States an honest broker in the peace process. A possible meeting with Pence has also been turned down by Egypt's Coptic Church, MENA state news agency reported.

Anushka Sharma to accompany Virat Kohli in South Africa
Inside talk: Virat kohli and Anushka sharma wedding- Only Sachin and Yuvraj Singh invited from cricket fraternity. Bollywood actress Anushka Sharma and skipper Virat Kohli soon going to tying the knot in Italy in the coming week.

Mariners get speedy Dee Gordon from Marlins in trade
He's under contract through 2020, earning $10.5 million this coming season, $13 million in 2019, and $13.5 million in 2020. Gordon hit.308 for Miami last season and led the National League in stolen bases for the third time in four years.

Insider Activity of American Outdoor Brands Corporation (NASDAQ:AOBC)
According to the latest data, the consensus recommendation for American Outdoor Brands Corporation (AOBC ) is Outperform. ValuEngine raised American Outdoor Brands from a hold rating to a buy rating in a report on Wednesday, August 23rd.

Beyonce Hey, Kaepernick Haters ... It's About Racism, Not the Flag!!!
To change the way we treat each other, especially people of color who are still waiting for the world to catch up. Because if it were not for my love of the people, I would not have protested.

Exodus Trailer Released at The Game Awards — Intense New Metro
Deep Silver and 4A Games today announced that Metro Exodus is set for release in Autumn 2018 on Xbox One , PlayStation 4 and PC. Inspired by the novels of Dmitry Glukhovsky, Metro Exodus continues Artyom's story in the greatest Metro adventure yet.

Facebook Launched a "Walled Garden" for Kids
It is also because of this law that children under 13 years of age can not legally have a fully-featured Facebook account . While Facebook said in the briefing that the app was designed for kids age 6 to 12, younger kids are allowed on, too.

Campo Santo announces In the Valley of Gods
The new game shares a striking resemblance to Firewatch in terms of art-direction and seems to have NPC cooperative elements. In The Valley of Gods is scheduled to release sometime in 2019 for PC, Mac and Linux.

Soulcalibur 6 announced, coming in 2018
Fans were a bit letdown with Soul Calibur V, so the series going back to its roots and retelling this story wouldn't be too bad. So, it came as a bit of surprise tonight when Bandai Namco announced the release of a sequel at The Game Awards .

NHL Allows Seattle to Apply for Expansion Team
The NHL Board of Governors, meeting in Florida on Thursday, voted to accept an application for an expansion team in Seattle . Bettman said the process of setting up a team in Seattle would be similar to what happened for Las Vegas, according to K5.

Skirball Fire burns 150 acres near Getty Museum
Commanders hoped to have them back in the air on Wednesday morning, but all indications are the winds will be whipping then too. More than 350 firefighters were deployed to the scene along with 52 fire engines and six aircraft, officials said.