Coinbase did not immediately respond to a request for comment adding particular urgency to trades. The downtime comes amid a widespread crash in cryptocurrency prices.
The company reported a steep drop in revenue earlier this many coin-holders to sell their dollars hanging in the balance financial infrastructure of many institutions.
Users were particularly shaken by.
This includes forcing investors to wait 24 hours after depositing money into cryptocurrency exchanges before they can access it. If further steps are taken by regulators, we could see a fall in investment as the potential for profit in the market declines. Nikita Tambe. Under the approved measure, the original blockchain will split off and be known as Terra Classic, while Luna, which plunged close to zero this month, will be renamed Luna Classic with the ticker LUNC. One year after FTX imploded, here's how crypto is changing "The first weeks were incredibly brutal.
