It has been a tough few days for cryptocurrency exchanges. Coinbase, one of the most popular and well-funded exchanges, has been down for several hours.
This is not the first time that Coinbase has had issues, but it is by far the longest outage that they have ever had.
The problem seems to be related to a system upgrade that was supposed to happen on Tuesday night. For some reason, the upgrade did not go as planned and caused a major outage.
Coinbase has been trying to fix the problem since then, but so far has been unsuccessful.
This is a major problem for Coinbase because they are one of the most popular exchanges. They are also one of the most trusted exchanges, which is why many people use them.
If Coinbase can’t get their systems up and running soon, they could start to lose customers.
There are a few theories as to why Coinbase is having such major problems. One theory is that they are being hit with a DDos attack. This is when someone tries to overload a system with requests in order to crash it.
Another theory is that there was a mistake made during the upgrade process. Whatever the case may be, Coinbase needs to get their systems up and running ASAP.
The good news is that there are other exchanges out there that are working fine. So if you’re looking to trade cryptocurrencies, you can still do so even though Coinbase is down.