🚨Coinbase is currently experiencing a system-wide outage. @CoinbaseSupport Status Page Shows: #Cardano (ADA): Delayed sends/receives. Buys, sells, and fiat not affected. #ETH & #ERC20s: Send delays reported. Share your experiences below! 👇 https://t.co/nkKAOgzMhL
Coinbase ‘on top of it’ despite withdrawals not processing https://t.co/1sSdcG3aGq
"Coinbase is now fully recovered," the exchange said, although its status website says its mobile app and website are experience "degraded performance." Read more: https://t.co/ePw9uc0QGD
Coinbase reported a system-wide outage that disrupted trading on its website and mobile app. The cryptocurrency exchange, valued at $50 billion, assured users that their funds are safe. The outage lasted for approximately four hours, during which time the status of the website and mobile app was degraded. Although Coinbase announced that it has fully recovered, its status page indicates ongoing issues with degraded performance. Specific issues included delayed sends and receives for Cardano (ADA) and Ethereum (ETH) and ERC20 tokens, while buys, sells, and fiat transactions were not affected. Additionally, withdrawals were not processing during the outage.