Coinbase reportedly down for some users after fixing connectivity issue
Coinbase experienced connectivity issues three times over the past 30 days, according to official data. Nasdaq-listed cryptocurrency exchange Coinbase reportedly continues to face some system difficulties after experiencing a major connectivity problem.Both Coinbase brokerage and its trading platform Coinbase Pro were unavailable on Nov. 23 due to connectivity issues on both platforms, Coinbase Support officially reported.“This may cause failed trades, delayed transactions, and unexpected behavior on the webpage and mobile apps,” Coinbase said.The exchange said it resolved the issue as of....
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Leading U.S.-based cryptocurrency exchange Coinbase is suffering connectivity issues for the second consecutive day amid bitcoin’s parabolic price rally. The story is developing and will be updated as more information is available.
Coinbase users saw a frustrating Wednesday this week after outbound bitcoin transactions experienced delays while not registering on the blockchain. A Coinbase log revealed that the issue was identified early Wednesday, around 01:40 PDT. “We have identified an issue with slow BTC outbound transactions and are working towards resolution,” the log read. The San Francisco-based bitcoin exchange and wallet provider issued an update a little over three hours later at 04:52 PDT, stating: Outgoing transactions are not being pushed to the Bitcoin network. We are still working on resolving this....
[Note: Coinbase has confirmed that it is refunding all the 25 customers with direct ACH transfers.]. Coinbase has reportedly decided to compensate the victims of its double billing glitch with Bitcoin. According to an email acquired by the Altcoin Press, the San Francisco-based company lately had a technical issue on its platform, due to which it started charging customers twice for each Bitcoin purchasing order. The error affected around 25 Coinbase customers between August 28th and September 1st. But instead of reimbursing the wrongly debited funds back to their rightful owners, Coinbase....
Coinbase has suffered multiple outages since March, often coinciding with volatile Bitcoin trading days. Coinbase appears to have a capacity problem. Users have pointed out for years that when Bitcoin and other crypto assets are especially volatile, the exchange sometimes goes offline without warning. These outages can prevent customers from buying or selling their crypto assets, and are generally viewed unfavorably by traders.Between March and November 2020, the exchange recorded nine different issues leading to various types of outages or connectivity problems, although direct customer....
The U.S.-based exchange has told users that they may experience some intermittent delays or errors while transacting. Major United States-based cryptocurrency exchange Coinbase is experiencing “elevated error rates on some backend systems due to an AWS service outage" according to an official post on Nov. 25 shortly after 7:00 pm PST.In an announcement, posted nine hours prior, Coinbase said that trading was not being impacted at the time. The following update removed this statement, stating:"You may encounter intermittent delays or errors while transacting, as well as accessing other....