Coinbase users report zero balance bug as Bitcoin price taps $64K
WikiBit 2024-02-29 02:05Coinbase appears to be down with widespread reports of zero account balances showing for users on web and mobile.
While Bitcoin was flirting with a new ATH, an apparent bug caused Coinbase users to see their account balances hit all-time lows.
A surging Bitcoin price between 9:00 and 10:00 AM PST on Feb. 28 may have caused a disruption in Coinbase services as widespread reports of accounts suddenly showing a zero balance began to populate social media.
As of the time of this articles publication, the apparent bug appears ongoing, but Coinbase says funds are safe:
“We are aware that some users may see a zero balance across their Coinbase accounts & may experience errors in buying or selling. Our team is investigating this & will provide an update shortly. Your assets are safe.”
The price of Bitcoin surged above $64,000 in the minutes leading up to the incident, however as of the time of this articles publication it has retreated to $61.4K.
Disclaimer：
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
WikiBit Exchange
- Token conversion
- Exchange rate conversion
- Calculation for foreign exchange purchasing
0.00