Coinbase Was Out System-Wide For 3h
Wisconsin Invests $100M in BlackRock's Bitcoin ETF, OKX Launched Exchange In Australia
Coinbase had a "503 Service Unavailable" outage after 4 AM UTC today, most likely due to overloaded servers
Users saw halted withdrawals, transactions, and other UI hallucinations, or simply a black page, as seen on the r/Coinbase subreddit with a series of issue posts raised.
Coinbase quickly addressed the outage on Twitter, confirming that the funds are safe and directed everyone to status.coinbase.com
Around 3 hours later, Coinbase tweeted another message saying that they have fully recovered the services.
Despite the "fully recovered" message, some users responded, saying that they're still unable to complete operations on their assets.
The Coinbase stock had a slight drop during the outage, and so did the cryptocurrency prices
Coinbase remains the 2nd largest crypto exchange in the world, with a $2.4B daily volume
Market Update
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