Binance suspends spot trading due to ‘matching engine’ bug

Crypto exchange Binance has temporarily halted spot trading due to an issue on its platform.

Binance CEO Changpeng Zhao said in a follow-up tweet that the issue is expected to be resolved in the coming hours and that the trading pause was a safety measure.

Bitcoin lost its $28k level over the news, sinking to to under $27,300 as of press time.

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