en
Back to the list

Coinbase Reports System-Wide Outage

source-logo  coindesk.com  + 11 more 14 May 2024 07:42, UTC

Coinbase is currently battling a major outage that began at 4:15 AM UTC.

The exchange’s X account said it is investigating the outage, and users' funds are safe.

Crypto exchange Coinbase {{COIN}} is currently offline as the exchange battles a major outage.

Currently, the exchange's website shows a "503 Service Temporarily Unavailable" message.

The exchange said in a post on X that it is investigating the issue and working on a solution. “Your funds are safe,” it posted.

A spokesperson for Coinbase said that the company didn’t have anything else to add aside from the X post.

The price of bitcoin (BTC) appears to be unaffected by the issue and is currently trading above $62,500, according to CoinDesk Indices data, up over 2.7%.

coindesk.com

Similar news (11)
Add similar news