Coinbase stories large outage, confirms ongoing investigation

• Coinbase is experiencing a large system outage.
• The Coinbase group is investigating the problem and dealing on an answer.
• The crypto trade has assured customers that their funds are secure.

Coinbase, the most important cryptocurrency trade within the US, is experiencing a large system outage. A Coinbase assist publish on X early Tuesday stated the crypto trade was investigating the problem and dealing on an answer. The group additional assured customers that their funds are secure whereas they work to resolve the problem.

The outage disrupted buying and selling actions on the Coinbase web site and app. On the time of writing, an try and entry the crypto trade's web site returned a 503 error message, indicating that the issue persists.

In the meantime, Coinbase customers have expressed frustration over the problem, with some taking to X's social media platform to share their lack of ability to transact. Person reply to the publish, Coinbase shared a screenshot of the message he obtained when attempting to entry the Coinbase app. The message on the shared screenshot learn – “Scheduled upkeep in progress”.

Along with the preliminary message from Coinbase's assist group, the crypto trade had but to offer a motive for the outage on the time of this report. The place of the crypto trade remained the identical as its unique report on the investigation of the scenario.

Coinbase skilled the same outage in March of this 12 months. Nevertheless, the agency later discovered that heavy buying and selling actions on the platform had been the rationale behind the March incident.