Upbit, Bithumb, and Coinone submit server expansion plans to prevent downtime similar to that during martial law

Odaily Planet Daily News South Korea's local cryptocurrency exchanges (including Upbit operator Dunamu, Bithumb and Coinone) have submitted a plan to the authorities, which contains countermeasures for on-site inspections by financial authorities in response to computer system failures. These exchanges have completed measures such as adding cloud servers that can perform instant processing at a cost. The Financial Supervisory Service plans to continue to check whether other measures in the plan are also clearly implemented, such as decentralized certification and registration processes and improving database (DB) server processing capabilities. During the "12/3 martial law incident", the mobile applications of Dunamu, Bithumb and Coinone experienced connection delays. There were situations where trading could not be carried out for as short as 40 minutes and as long as 1 hour and 40 minutes. After that, the three exchanges created their own plans to prevent the same type of computer failure from happening again and submitted them to the Financial Supervisory Service. (infomax)