Published On: Tue, Mar 26th, 2024
World | 2,011 views

Coinbase down: Bitcoin chaos as cryptocurrency platform users face delays | World | News

A leading cryptocurrency platform has said users may be experiencing delays with some of their transactions. 

Users took to X/Twitter to share the news that some Bitcoin users could face issues on the cryptocurrency platform.

In a statement on their website, they said: “We are aware that some users may be experiencing delayed sends for assets on Base. We are investigating this issue and will provide an update shortly. Rest assured, your funds are safe.”

Coinbase says it provides a “trusted platform that makes it easy for people and institutions to engage with crypto assets”  and “support builders who share our vision that onchain is the new online”.

The platform has been operating since 2012 and has recently seen sharp growth with stock prices rising and receiving praise from JPMorgan analysts. Earlier this year the company was launched on the NASDAQ Exchange in New York City. has contacted Coinbase for comment. 

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