CBOE: website crash had ‘No Impact’ on Bitcoin Futures Success

Nishanth Shetty

Nishanth Shetty

December 12, 2017 10:07 am

CBOE: website crash had ‘No Impact’ on Bitcoin Futures Success | Coindelite News
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Bitcoin Future News

The Chicago Board Options Exchange (CBOE) has confirmed its website obstacles are not interrupted its Bitcoin futures trading.

After the exchange launched the pioneering futures on Sunday, its front-end interface got damaged almost immediately.  Due to the heavy traffic, leading to the concerns that the launch would not become successful.

Anyhow, in a series of Twitter updates, CBOE said that the technological issues had “no impact” on the “orderly trading” of its new product.

Bitcoin prices immediately rocketed following the release, correcting upwards following a dip below $13,000 in the run-up to Sunday.

At press time, almost 20 percent daily growth has contributed an average value of $16,700 per coin, according to Coindelite.

CBOE described in a new blog post:

“The launch was smooth, although our website experienced some issues due to an overwhelming number of hits looking for the trading data.”

With the rush of public interest in crypto and the Blockchain, 2017 has become infamous for crypto-related services having the technical issues due to the unprecedented consumer demand.

Major exchanges like Coinbase, Poloniex, and others have felt strange and experienced temporary delays and crashes. Coinbase has promised to hire the support staffs and improve back-end performance as the principal US exchange venue.

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