Coinbase resolves outage affecting crypto transfers

[Coinbase crypto exchange app and other cryptocurrency exchange apps on smartphone]
herstockart

Coinbase (NASDAQ:COIN [https://seekingalpha.com/symbol/COIN]) has implemented a fix and resolved an issue that temporarily prevented customers from initiating cryptocurrency sends and receives.

The company acknowledged the disruption earlier via a notice on its dedicated status page and confirmed that normal functionality has been restored.

"We will continue to monitor to ensure all services are back to normal," the cryptocurrency exchange said.

The company assured customers that “funds are safe” during the outage.

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