Crypto exchange Bitfinex back up and running after 'issues' cause brief trading halt

Cryptocurrency exchange Bitfinex said Tuesday that it "temporarily" halted trading after "issues" with its platform, according to the company's Twitter post. The exchange was nonoperational for about two hours starting around 7:00 a.m. ET, according to its website. All funds were kept safe. ​​“A minor glitch occurred during an internal server update,” a Bitfinex spokesperson told CoinDesk via email. “As a precautionary measure, and given that current market conditions are not volatile, we paused trading to investigate further. Trading has now resumed.” Looking at intraday crypto prices, bitcoin (BTC-USD +4.6%) is rising to $41.33K in midday trading and ethereum (ETH-USD +5.7%) is climbing to $3.10K. In January, Bitfinex said it will get Polygon funds to sponsor staking rewards.