Coinbase says it’s investigating issue on accounts showing zero balance

From Nasdaq:

Coinbase Global is investigating an issue causing some users to see zero balances in their accounts, impacting buying and selling. The outage coincides with Bitcoin hitting $60,000 for the first time in over two years, fueled by a surge of capital into US spot Bitcoin exchange-traded products. Traders are investing ahead of April’s halving event, designed to slow cryptocurrency release. CEO Brian Armstrong attributes the outage to a large surge in traffic, with user reports crossing 9,000 at its peak and reducing to 240 later.



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