{"id":256137,"date":"2024-02-29T02:38:45","date_gmt":"2024-02-28T21:08:45","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=256137"},"modified":"2024-02-29T02:38:45","modified_gmt":"2024-02-28T21:08:45","slug":"coinbase-crashes-due-to-technical-issues-after-bitcoin-touches-63k-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/coinbase-crashes-due-to-technical-issues-after-bitcoin-touches-63k-crypto-news\/","title":{"rendered":"Coinbase crashes due to technical issues after Bitcoin touches $63K – Crypto News"},"content":{"rendered":"

Coinbase<\/a> is experiencing technical issues that have degraded site performance and caused many users to see a zero balance on their accounts.<\/p>\n

The exchange\u2019s website and app are both down as of press time.<\/p>\n

Coinbase is also struggling with delayed Ethereum and ERC-20 transactions. Its status website<\/a> indicates the exchange is aware of the issues and is investigating the cause.<\/p>\n

The exchange posted an announcement about the outage to alleviate some of the negative concerns stemming from rampant speculation on social media. The exchange said:<\/p>\n

\n

\u201cWe are aware that some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling. Our team is investigating this & will provide an update shortly. Your assets are safe.\u201d<\/p>\n<\/blockquote>\n

Outage speculation<\/h2>\n

Users started reporting the outage after Bitcoin crossed $60,000<\/a> on Feb. 28, causing many to speculate that the outage could result from dormant users returning to the platform amid the market rally<\/a>.<\/p>\n

Others suggested it could be a sign of retail returning to the market and opening new accounts, pointing to the Coinbase outages in 2017, mainly caused by a surge of new users during the bull run. A few even raised concerns that the exchange could have been hacked.<\/p>\n

Some jokingly called it a \u201crug pull\u201d by the exchange, while others said Coinbase crashing was a confirmation of the bull market.<\/p>\n

The post Coinbase crashes due to technical issues after Bitcoin touches $63K<\/a> appeared first on CryptoSlate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Coinbase is experiencing technical issues that have degraded site performance and caused many users to see a zero balance on their accounts. The exchange\u2019s website and app are both down as of press time. Coinbase is also struggling with delayed Ethereum and ERC-20 transactions. Its status website indicates the exchange is aware of the issues […]<\/p>\n","protected":false},"author":2,"featured_media":256138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-256137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/256137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=256137"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/256137\/revisions"}],"predecessor-version":[{"id":256140,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/256137\/revisions\/256140"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/256138"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=256137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=256137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=256137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}