Event Recap
Earlier today, Coinbase users reported being unable to conduct buy, sell, and transfer transactions, sparking widespread concern. According to the official status update, the service disruption began at 10:07 PST, prompting immediate technical investigation by the platform's engineering team.
Resolution Process
Following the initial detection of the issue, Coinbase engineers implemented corrective actions and confirmed at 10:49 PST that fixes were applied, moving into a monitoring phase to ensure full system recovery and stability.
Final Resolution and User Protection
By 11:26 PST, Coinbase officially announced the complete restoration of all trading functionalities. The platform reiterated that user funds remained secure throughout the incident.
- Outage Start: 10:07 PST
- Initial Fix Applied: 10:49 PST
- Full Recovery: 11:26 PST
This incident highlights Coinbase's commitment to platform resilience while providing a transparent response framework for unexpected technical challenges.