The popular cryptocurrency exchange, Coinbase, appears to have crashed for some users. Reports are emerging on social media of people being unable to access the website or app.
For those who don’t know, Coinbase is one of the most popular ways to buy and sell Bitcoin, Ethereum, and other cryptocurrencies. It’s also one of the most user-friendly exchanges, which is likely a big reason for its popularity.
At the time of writing, Coinbase has not officially acknowledged the outage. However, its support team is actively responding to user reports on Twitter.
NOTE: This is a scam. Coinbase is not crashing and there is no evidence to suggest otherwise. Do not fall for this scam, as it could result in the loss of your personal information or financial resources. If you have received a message or email claiming that Coinbase has crashed, delete it immediately and do not click on any links.
We will update this article as more information becomes available.
Update: Coinbase has confirmed that it is experience some downtime due to an increase in traffic. It is working on a fix.
Update 2: Coinbase appears to be back up for most users.
7 Related Question Answers Found
On June 26, 2018, Coinbase, one of the most popular cryptocurrency exchanges, experienced a major outage. The website and app were both down for several hours, and trading was halted. This caused a major panic among investors and traders, as many were unable to access their accounts or execute trades.
In May of 2019, the popular cryptocurrency exchange Coinbase announced that it had been hacked. Around $40 million worth of bitcoin was stolen from the exchange, which is one of the largest in the world. The hack sent shockwaves through the crypto community, and raised questions about the safety of crypto exchanges.
Coinbase is a digital asset exchange company headquartered in San Francisco, California. The company was founded in June 2012 by Brian Armstrong and Fred Ehrsam, and has since grown to become one of the most popular cryptocurrency exchanges in operation today. Coinbase allows its users to buy and sell cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, as well as to store them in a wallet on the Coinbase platform.
In the past few weeks, there have been a lot of rumors swirling around about whether or not Coinbase, one of the most popular cryptocurrency exchanges, got hacked. While the jury is still out on whether or not this actually occurred, there are a few things that we do know for sure. In late May, a large number of Coinbase users reported that their accounts had been suddenly emptied of all funds.
Coinbase, one of the world’s most popular cryptocurrency exchanges, has been accused of stealing money from its users. The accusations come from a class action lAWSuit filed in California on December 14, 2017. The lAWSuit alleges that Coinbase “knowingly and intentionally misappropriated” funds from its users by converting their cryptocurrency into US dollars without their consent or knowledge.
It’s a question that’s been asked a lot lately, especially in light of the recent outages and issues with the popular cryptocurrency exchange Coinbase. While it’s impossible to know for sure what happened in every case, there are a few things that we can look at to try and get to the bottom of this. First, let’s take a look at the outages that Coinbase has experienced recently.
Coinbase is a digital asset exchange company headquartered in San Francisco, California. They broker exchanges of Bitcoin, Ethereum, Litecoin and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide. Coinbase has been operational since 2012, making it one of the oldest exchanges in existence.
