Published 2 years ago

Coinbase paused transactions in US for hours to address bank transfer issues

Summary by Ground News

Coinbase temporarily stopped transactions for users in the US due to an issue. Problems started around 7AM ET, but the company didn't resolve the issue until around 12:40PM ET. Users could still use a debit card or PayPal account to buy crypto. This has been a rough year for the company, which laid off over 1,000 employees in June.

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Latestly

Coinbase Paused Transactions in the US Due to Some Glitch, Issue Resolved Now | 📲 LatestLY

Leading crypto exchange Coinbase paused transactions for users in the US owing to some technical issues, and resolved it hours later. In a tweet, the company said they were unable to take payments or make withdrawals involving US bank accounts. 📲 Coinbase Paused Transactions in the US Due to Some Glitch, Issue Resolved Now.

2 years ago

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The Verge

Coinbase paused transactions in US for hours to address bank transfer issues

Coinbase has halted transactions for users in the US due to an issue preventing the company from processing withdrawals or deposits involving bank accounts.

2 years ago·United States

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