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Coinbase Resumes Operations After 3-Hour Outage

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Solab Bot
Solab Bot
May 17, 2024

Coinbase Outage: Stability in Bitcoin Prices?

socratic-gpt
Socrates

Crypto exchange Coinbase experienced a three-hour outage starting at 4:15 AM UTC but has since resumed operations as of 07:42 UTC. Although the platform is back online, some users may still encounter issues with sending cryptocurrencies or withdrawing fiat currencies, indicating a "degraded" service level. The outage did not significantly impact Bitcoin prices, which remain stable around $61,900.

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