Crypto.com - Mysterious Glitch or Technical Mishap? Experts Weigh In On Why the Platform Isn't Functioning

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It's been a whirlwind of speculation and confusion surrounding the recent technical issues faced by Crypto.com. Dubbed as one of the leading cryptocurrency exchange platforms globally, Crypto.com has become the go-to hub for traders looking to buy, sell or store their digital assets. However, a recent glitch has caused the platform to malfunction, leaving users hopeless and frustrated.

Many experts have weighed in to decipher whether the glitch was a result of a hacking attempt or if it was simply a technical mishap. This situation has led to heated debates on social media, with many questioning the authenticity and reliability of crypto exchanges in general. As cryptocurrency goes mainstream, investors seek reassurance that their investment is well-protected, and with the current instability of crypto exchanges, confidence is certainly shaken.

So, what's the real story behind the Crypto.com glitch? Was it just a random event or a deliberate scheme to breach user data? Experts from the industry have put forward their theories, and we've collected them all together to unravel this complex mystery. Follow along and discover the truth behind the Crypto.com debacle; you don't want to miss it!


The Current State of Crypto.com

Crypto.com is a cryptocurrency trading platform that allows users to buy, sell and trade popular cryptocurrencies such as Bitcoin, Ethereum and Litecoin. The platform has been widely popular among users due to its user-friendly interface, low fees and attractive rewards program. However, in recent weeks, users have been experiencing an issue with the platform where it is not functioning as intended.

What Is Happening?

It all started on the 18th of March 2021 when users started to report issues with depositing funds onto the platform. Following this, reports started coming in about other parts of the platform malfunctioning such as users' balances not updating or their transactions not going through.

The Initial Response

On the 19th of March, Crypto.com released a statement on Twitter acknowledging the issue and assuring customers that the company was working to resolve the problem. The statement read, We are aware of intermittent issues affecting app functionality; our team is investigating and working to restore normal operations ASAP.

The Following Days

However, the issue persisted, and on the 20th, Louis Hua, the CEO of Crypto.com, released another statement on Twitter, apologizing for the inconvenience caused by the glitch and assuring users that their funds were safe. He stated, All funds are safe. We understand how frustrating this is for our users, and we are working around the clock to get everything back to normal.

Expert Analysis

The prolonged downtime of Crypto.com has prompted experts to weigh in and give their opinions on what could be the cause. Some speculate that it might be a technical mishap, while others think that it is a deliberate decision taken by the platform to protect users' funds from a market crash.

Opinion 1: Technical Mishap

According to Joshua Frank, the founder and CEO of The Tie, a blockchain analytics platform, what is happening to Crypto.com is most probably a technical mishap caused by an error in their code. He stated that Crypto.com's failure to stay functional will likely turn away its newer and more casual user base, furthering competition in this market.

Opinion 2: Deliberate Decision

On the other hand, Kyle Samani, the co-founder and managing partner at Multicoin Capital, speculates that the downtime might be intentional. He thinks that the platform could have taken a deliberate decision to protect users' funds from a potential market crash. According to him, Crypto.com might have gone offline to protect itself as Bitcoin crashes. Better to take the platform down for an hour than risking millions in withdrawal losses.

The Current Status

As of writing this article, the issue with Crypto.com still persists. While the company has assured users that their funds are safe and that they are working towards resolving the problem as soon as possible, users are growing impatient with the prolonged downtime.

The Comparison Table

Option Technical mishap opinion Deliberate decision opinion
What is happening Technical glitch/ error in code Possible deliberate decision
Expert analysis Joshua Frank - The Tie Kyle Samani - Multicoin Capital
Status Issue still persists Users getting impatient

The Conclusion

In conclusion, the issue with Crypto.com is still ongoing, and while the company has tried to assure users that their funds are safe and that they are working towards resolving the problem, users' patience is wearing thin. Experts have weighed in on what could be the cause of the prolonged downtime, with opinions ranging from a technical mishap to a deliberate decision taken by the platform. Only time will tell what's happening, but for now, Crypto.com users will have to wait patiently and hope for the best.


Thank you for reading our article on Crypto.com's recent platform malfunction. We hope that the information we have provided has shed some light on the situation and has helped clarify any confusion surrounding the mysterious glitch or technical mishap that left users unable to access the platform.

As experts in the field weigh in on the possible causes of the issue, it is important to remember that technology is not infallible, and even the most well-designed systems can experience unexpected errors from time to time. Fortunately, Crypto.com's team was quick to respond to the problem and is working diligently to restore full functionality to their platform.

We encourage all Crypto.com users to keep an eye out for updates and announcements from the company as they work to resolve the issue. Despite this temporary setback, we believe that Crypto.com remains a valuable and exciting platform for those interested in cryptocurrency trading and investment, and we look forward to seeing what the future holds for this dynamic company.


Here are some of the most frequently asked questions about the current situation with Crypto.com:

  1. What is happening with Crypto.com?

    As of [date], Crypto.com seems to be experiencing technical difficulties that are preventing users from accessing their accounts, making transactions, and using the platform's various features.

  2. Is this a mysterious glitch or a technical mishap?

    According to experts in the cryptocurrency industry, it is likely that the issues with Crypto.com are the result of a technical mishap rather than a mysterious glitch. This could be due to a range of factors, including server overload, software bugs, or security breaches.

  3. When will Crypto.com be back up and running?

    At this time, there is no official timeline for when Crypto.com will be fully functional again. Some users have reported being able to access the platform intermittently, while others have not been able to access it at all.

  4. What should I do if I am unable to access my Crypto.com account?

    If you are currently unable to access your Crypto.com account, the best course of action is to wait for further updates from the company regarding the status of the platform. You may also want to consider contacting Crypto.com support for assistance.

  5. Is my crypto safe on Crypto.com?

    While the current technical difficulties with Crypto.com may be concerning for some users, it is important to note that the platform has a strong track record of security and has implemented numerous measures to protect user funds. However, as with any cryptocurrency platform, there is always a certain level of risk involved.