Coinbase Studies Widespread Outage, Confirms Ongoing Investigation

• Coinbase is experiencing a widespread system outage.
• The Coinbase crew is investigating the difficulty and dealing on an answer.
• The crypto trade assured customers that their funds had been protected.

Coinbase, the most important cryptocurrency trade within the U.S., is experiencing a widespread system outage. A put up from Coinbase Assist on X within the early hours of Tuesday acknowledged that the crypto trade is investigating the difficulty and dealing on an answer. The crew additional assured customers that their funds had been protected whereas they labored to resolve the issue. 

The outage interrupted buying and selling actions on each the Coinbase web site and app. As of the time of writing, making an attempt to entry the crypto trade’s web site returned a 503 error message, displaying the issue continued. 

In the meantime, Coinbase customers have expressed frustration over the difficulty, with some taking to the social media platform X to speak their incapability to hold out operations. A person responding to Coinbase’s put up shared a screenshot of a message he obtained attempting to entry the Coinbase app. The message on the shared screenshot learn – “Deliberate upkeep in progress.”

Other than the preliminary message from the Coinbase Assist crew, the crypto trade had but to state the explanation for the outage as of the time of submitting this report. The crypto trade’s place remained the identical as its authentic message of investigating the state of affairs.

Coinbase skilled an identical outage in March this 12 months. Nonetheless, the agency later discovered the explanation behind the March incident was heavy buying and selling actions on the platform.