Coinbase, a leading cryptocurrency exchange, has reported experiencing intermittent transaction failures across its wallet and website. The issue has been attributed to network congestion on the Base network, an Ethereum scaler, a platform used by Coinbase for Ethereum scaling. Multiple sources, including official Coinbase announcements and news outlets, have confirmed the disruptions, highlighting the impact on users' ability to conduct transactions. The situation has raised concerns within the cryptocurrency community, with discussions around the implications for Coinbase's core business operations.