"Coinbase Glitch Wipes Out User Balances Amid Bitcoin Surge"

TL;DR Summary
Coinbase's app suffered glitches, causing many users to see a balance of zero, as Bitcoin lost over 4% in minutes. The company assured users that their assets are safe and is investigating the issue. Bitcoin had surged to over $60,000 for the first time since 2021, reaching a market cap of nearly $1.2 trillion.
- Coinbase users see $0 balance after crypto-trading app suffers glitch CNBC
- Amid Ferocious Bitcoin Rally, a Coinbase Snafu Shows $0 Balances for Customers CoinDesk
- Coinbase Crashes Following Bitcoin Pump, CEO Cites 'Large Surge Of Traffic" Bitcoin Magazine
- Coinbase users report zero balance bug as Bitcoin price taps $64K Cointelegraph
- Coinbase Accounts Sink to Zero in Outage as Bitcoin Price Soars Gizmodo
Reading Insights
Total Reads
0
Unique Readers
16
Time Saved
1 min
vs 2 min read
Condensed
80%
266 → 54 words
Want the full story? Read the original article
Read on CNBC