Binance, the world’s largest cryptocurrency exchange, paused spot trading on Friday due to what its chief executive Changpeng Zhao called a minor glitch.
“Initial analysis indicates matching engine encountered a bug on a trailing stop order (a weird one)” Zhao tweeted, adding that he expected the issue to be resolved within two hours. “Waiting for more precise ETA. Deposits & withdrawals are paused as a SOP (standard operating procedure).”