K-Bank App Access Disrupted for 45 Minutes "Coin Listing... Due to Traffic Surge"

[Image source=Yonhap News]

[Asia Economy Reporter Kim Daehyun] Users experienced inconvenience as access to the internet-only bank K Bank app was restricted for about 45 minutes.

According to K Bank on the 27th, users were unable to access the K Bank app for approximately 45 minutes starting around 5:30 PM that day.

This error was understood to be caused by a surge in traffic nearly eight times the usual amount, triggered by the listing of a new coin on Upbit, a virtual asset exchange affiliated with K Bank. On that day, as Bitcoin and other cryptocurrencies showed a downward trend, there was also a significant influx of customers attempting to buy.

A K Bank official stated, "The traffic surged beyond the usual level, causing an overload," and added, "Recovery measures have been completed, and the service is now operating normally."