Cryptocurrency exchange Cryptsy suspends trading and withdrawals

Cryptsy, a digital currency exchange plagued by bankruptcy rumors and problems with user withdrawals, has said it has suspended trading.

“The trading engine and withdrawals have been paused while we investigate the cause of the delay. Thank you for your patience, thank you,” the message on Cryptsy’s main page read as of press time.

The exchange, which specializes in trading altcoins, has seen around 235 BTC in volume over the past 24 hours, but has been under fire for issues with user withdrawals.

Many posts on social media indicate that some users have had to consider withdrawing their funds from the exchange as it has continued to experience problems since the fall.

The withdrawal complaints also prompted popular altcoin fee rate website CoinMarketCap to remove the exchange’s data from its site. CoinMarketCap said on Twitter that it would add Cryptsy to the site once the issues were resolved.

Cryptsy has been attributing the problems to technical issues and a denial of service (DOS) attack.

Similarly, bankrupt Japanese bitcoin exchange Mt Gox attributed withdrawal issues to technical problems before its collapse, ultimately cutting off users’ access to funds.

Cryptsy did not immediately respond to a request for comment.

Original article: http://www.coindesk.com/altcoin-exchange-cryptsy-takes-trade-engine-offline/
By Stan Higgins
Compilation: Overnight porridge
Source (translation): Babbitt Information (http://www.8btc.com/cryptsy-offline)