CME Crypto Markets Resume After Nine-Hour Outage

A nine-hour outage affecting CME Group’s cryptocurrency markets has been resolved, with trading resuming smoothly following technical issues at a CyrusOne data center. The incident disrupted market activity and sparked concerns about the vulnerability of centralized systems in the crypto space. While CME clarified the cause as a cooling failure and its CEO addressed market disruption via Twitter, questions remain regarding potential market manipulation or hidden factors behind the outage. The event underscores the need for increased infrastructure resilience within the industry, potentially leading to calls for more robust and decentralized solutions.