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Coinbase restores service after system-wide outage, but users still report withdrawals remaining offline

2024-05-14 09:02
Odaily News Coinbase said that at 4:19 a.m. UTC, the entire system experienced an outage that lasted for three hours. The exchange was eventually fully operational again at 7:34 a.m. UTC, according to its status page. While the exact reason behind the outage is unclear, Coinbase said it will continue to investigate the issue. Despite Coinbase's announcement that the system is fully operational, some users are still facing technical difficulties. Many other users have also reported that crypto transfers and cash withdrawals remain offline. (Cointelegraph)