Bitcoin
Bitcoin (BTC)
$68,114.00 -2.89238
Bitcoin price
Ethereum
Ethereum (ETH)
$3,328.92 -4.99883
Ethereum price
BNB
BNB (BNB)
$603.62 -0.02443
BNB price
Solana
Solana (SOL)
$162.84 -6.65331
Solana price
XRP
XRP (XRP)
$0.5740700 -5.91638
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000256 -6.88671
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000062 -15.57033
Pepe price
Bonk
Bonk (BONK)
$0.0000187 -13.9775
Bonk price
Bitcoin
Bitcoin (BTC)
$68,114.00 -2.89238
Bitcoin price
Ethereum
Ethereum (ETH)
$3,328.92 -4.99883
Ethereum price
BNB
BNB (BNB)
$603.62 -0.02443
BNB price
Solana
Solana (SOL)
$162.84 -6.65331
Solana price
XRP
XRP (XRP)
$0.5740700 -5.91638
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000256 -6.88671
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000062 -15.57033
Pepe price
Bonk
Bonk (BONK)
$0.0000187 -13.9775
Bonk price
Bitcoin
Bitcoin (BTC)
$68,114.00 -2.89238
Bitcoin price
Ethereum
Ethereum (ETH)
$3,328.92 -4.99883
Ethereum price
BNB
BNB (BNB)
$603.62 -0.02443
BNB price
Solana
Solana (SOL)
$162.84 -6.65331
Solana price
XRP
XRP (XRP)
$0.5740700 -5.91638
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000256 -6.88671
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000062 -15.57033
Pepe price
Bonk
Bonk (BONK)
$0.0000187 -13.9775
Bonk price
Bitcoin
Bitcoin (BTC)
$68,114.00 -2.89238
Bitcoin price
Ethereum
Ethereum (ETH)
$3,328.92 -4.99883
Ethereum price
BNB
BNB (BNB)
$603.62 -0.02443
BNB price
Solana
Solana (SOL)
$162.84 -6.65331
Solana price
XRP
XRP (XRP)
$0.5740700 -5.91638
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000256 -6.88671
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000062 -15.57033
Pepe price
Bonk
Bonk (BONK)
$0.0000187 -13.9775
Bonk price

Coinbase suffers another outage as Bitcoin breaks $67k

coinbase-outage-bitcoin-67000
Edited by
News
Coinbase suffers another outage as Bitcoin breaks $67k

Coinbase users around the globe reported $0 crypto balances once again as Bitcoin rallied over $67,000 for the first time in over two years. 

As Bitcoin (BTC) set a 28-month high on Mar. 4, crypto exchange Coinbase suffered its second outage amid euphoria in the cryptocurrency market in less than a week. The crypto fear and greed index sat at 82, indicating strong interest from users and traders. 

Coinbase
Crypto fear and greed index | Source: alternative.me

During the first Coinbase outage of the year on Feb. 28, CEO Brian Armstrong said the platform was prepared to handle 10 times the usual traffic, but the exchange saw more usage than planned as Bitcoin rallied to the upside. 

The outage suggests that even greater platform activity triggered the Coinbase downtime, as Bitcoin surged up to 6% in 24 hours. The platform assured users that funds were safe and that engineers were working to restore normal operations. 

We are aware some users may experience increased latency across Coinbase.com and a few users may see intermittent zero balance. Rest assured, your funds are safe. Our team is investigating this issue and will provide an update. Trading is not impacted at this time.

Coinbase support

Users were unhappy with the situation as it disrupted regular activities and implied that America’s biggest crypto exchange might be unready for heavy traffic during the bull cycle.

Social media posts showed that customers were less worried about seeing zero account balances and more concerned about a giant exchange temporarily collapsing amid increased transactions due to market price increments.

This is a developing story. 

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