Coinbase Global Inc., the largest cryptocurrency exchange in the United States, is experiencing a system-wide service outage.
The company notified users of this on the website at 12:19 on Tuesday, Singapore time, and providedgorillamegawaysThey ensure the safety of funds. About two hours later, the exchange said in an update that it would continue to investigate the issue.
Cryptocurrency prices have fallen since the service outage began. At 14:50 in Singapore time on Tuesday, the price of Bitcoin, the world's largest cryptocurrency, was quoted at US$61975, down 1.50 on the daygorillamegaways.8%; Ether fell about 1.4% to $2913.
Coinbase's website showed that the failure caused transactions to be disrupted on the exchange's website and mobile apps.
The exchange also encountered technical problems in March, causing some users to have zero account balances. Bitcoin prices soared to record highs a few weeks after the accident.