{"id":13473,"date":"2024-05-14T10:19:59","date_gmt":"2024-05-14T07:19:59","guid":{"rendered":"https:\/\/forklog.com\/en\/coinbase-experiences-system-outage-funds-remain-secure\/"},"modified":"2024-05-14T10:19:59","modified_gmt":"2024-05-14T07:19:59","slug":"coinbase-experiences-system-outage-funds-remain-secure","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/coinbase-experiences-system-outage-funds-remain-secure\/","title":{"rendered":"Coinbase Experiences System Outage; Funds Remain Secure"},"content":{"rendered":"<p>On May 13 at 21:19 PST (May 14 at 07:19 Kyiv\/MSK), the cryptocurrency exchange Coinbase encountered a <a href=\"https:\/\/status.coinbase.com\/incidents\/xdkg69x2mfgz\">system-wide outage<\/a>. Shortly before, users reported issues with sending cryptocurrencies and withdrawing fiat.<\/p>\n<p>On its X platform, Coinbase announced that it is investigating the issue and working on a solution.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Coinbase is experiencing a system wide outage. We are investigating this issue and working on a solution. Please see <a href=\"https:\/\/t.co\/a3pl4WiDhZ\">https:\/\/t.co\/a3pl4WiDhZ<\/a> for updates. Your funds are safe.<\/p>\n<p>\u2014 Coinbase Support (@CoinbaseSupport) <a href=\"https:\/\/twitter.com\/CoinbaseSupport\/status\/1790239326321733819?ref_src=twsrc%5Etfw\">May 14, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cYour funds are safe,\u201d the message stated.<\/p>\n<\/blockquote>\n<p>According to Coinbase&#8217;s <a href=\"https:\/\/status.coinbase.com\/\">status page<\/a>, the website, mobile version, and the exchange&#8217;s <span data-descr=\"application programming interface\" class=\"old_tooltip\">API<\/span> are experiencing reduced performance.\u00a0<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">May 14, 2024 | 10:52<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>The exchange reported a full recovery from the outage. However, some users may still <a href=\"https:\/\/status.coinbase.com\/incidents\/dgth3ht32rgs\">experience difficulties<\/a> in transferring assets.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Coinbase is now fully recovered. We appreciate your patience and apologize for the inconvenience. <a href=\"https:\/\/t.co\/AAzEMPaJGL\">https:\/\/t.co\/AAzEMPaJGL<\/a><\/p>\n<p>\u2014 Coinbase Support (@CoinbaseSupport) <a href=\"https:\/\/twitter.com\/CoinbaseSupport\/status\/1790284475055669684?ref_src=twsrc%5Etfw\">May 14, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<p>The incident did not affect the price of Bitcoin. According to <a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\/\">CoinDesk Indices<\/a>, the leading cryptocurrency is trading at $61,976.<\/p>\n<p>Earlier in March, Coinbase <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-resolves-another-platform-glitch\">resolved an issue<\/a> that caused delays and occasional &#8220;zeroing&#8221; of user balances on the platform.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On May 13 at 21:19 PST (May 14 at 07:19 Kyiv\/MSK), the cryptocurrency exchange Coinbase encountered a system-wide outage. Shortly before, users reported issues with sending cryptocurrencies and withdrawing fiat. On its X platform, Coinbase announced that it is investigating the issue and working on a solution.\u00a0 Coinbase is experiencing a system wide outage. We [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1301,138],"class_list":["post-13473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-vulnerabilities","tag-coinbase"],"aioseo_notices":[],"amp_enabled":true,"views":"5","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/13473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=13473"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/13473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/13472"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=13473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=13473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=13473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}