Coinbase reports system-wide outage, ensures 'funds are safe'

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The exchange said in an X post that the team is working on a solution, adding: “Your funds are safe.'

Cryptocurrency exchange Coinbase is experiencing a “system-wide outage” and the company is investigating the issue.

The exchange said in an X post that the team is working on a solution. “Your funds are safe,” the firm added. Coinbase’s website currently shows “503 Service Temporarily Unavailable” alert when entering the site.This is a developing story.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures.

Exchanges Coinbase

 

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