Coinbase, a leading cryptocurrency exchange, experienced multiple outages over the course of two days, as reported by DegenerateNews. The exchange acknowledged the issue, assuring users that their assets are safe despite some experiencing errors during transactions, with a specific message stating "YOUR ASSETS ARE SAFE". The situation has sparked discussions within the crypto community, with some comparing Coinbase's downtime to Solana's performance in the current cycle and others viewing the outages as a reliable indicator of market volatility. Overall, the community appears to be taking the outages in stride, expressing gratitude that the issues are limited to technical difficulties rather than more serious security concerns.
Coinbase already down more than Solana this cycle
Coinbase down I guess if all we have to worry about is outages from our exchanges this cycle I’ll be grateful. Just no rugs please.
BREAKING: @coinbase SAYS IT IS AWARE SOME USERS MAY BE EXPERIENCING ERRORS WHEN TRANSACTING - "YOUR ASSETS ARE SAFE" https://t.co/qxRVA0oU14