Back to News

Crypto Exchange Coinbase Experienced a 3-Hour Outage on Tuesday

Twitter icon  •  Published 7 months ago on May 15, 2024  •  Hassan Maishera

US-based cryptocurrency exchange Coinbase temporarily suffered an outage on Tuesday but services have been returned.

Crypto Exchange Coinbase Experienced a 3-Hour Outage on Tuesday

TL;DR

  • Coinbase experienced a temporary outage on Tuesday.

  • The crypto exchange notified users that they may still experience failures when sending crypto or withdrawing fiat.

Coinbase Suffers a Major Outage

Coinbase, one of the leading cryptocurrency exchanges in the world, suffered a major outage on Tuesday. The outage began at 4:15 AM UTC and the exchange returned to use at 07:42 UTC, according to its status page.

During the outage, the website visitors received a "503 Service Temporarily Unavailable" message. At the time, Coinbase informed its users via X that it was investigating the issue and working on a solution.

While Coinbase has resolved the issue, its status page displayed that some users may still experience failures when sending crypto or withdrawing fiat, marking the service as degraded.

 

Tether to Relocate Headquarters to El Salvador After Securing Operating License
Next article Tether to Relocate Headquarters to El Salvador After Securing Operating License

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.