Coinbase was down for over an hour amid massive cryptocurrency plunge

Illustration by Alex Castro / The Verge

Cryptocurrency exchange Coinbase experienced a “partial” outage this morning for its entire site and application. Additionally, both Coinbase and Binance are reporting issues specifically focused around withdrawals of Etherium and ERC-20 tokens this morning due to “network congestion.”

“We’re seeing some issues on Coinbase and Coinbase Pro and we’re aware some features may not be functioning completely normal. We’re currently investigating these issues and will provide updates as soon as possible,” Coinbase commented in a statement.

The outage, which lasted about an hour and a half, appears to have been resolved now, with Coinbase’s status page noting that “A fix has been implemented and we are monitoring the results.”


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