Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    U.S. Hotel Construction Shrinks Again for Ninth Consecutive Month

    October 23, 2025

    AWS Restores Services After Major Cloud Outage Disrupts Users Globally

    October 22, 2025

    Palantir, Snowflake’s Big AI Data Partnership Fails to Win Over Investors

    October 17, 2025
    Facebook X (Twitter) Instagram LinkedIn
    • About Us
    • Press Release
    Thursday, October 23
    Facebook X (Twitter) LinkedIn Instagram
    Business Leaders Review: Best Business Magazine and News OnlineBusiness Leaders Review: Best Business Magazine and News Online
    • Home
    • Magazines
    • Featured Leaders
    • Technology
      • Big Data
      • Artificial Intelligence
      • Robotics
      • Cloud
      • Cyber Security
      • Storage
      • IoT
      • Blockchain
      • Data Analytics
    • Industry
      • Banking & Finance
      • Construction
      • Digital Marketing
      • Economy
      • Education
      • EV Industry
      • Food & Beverage
      • Healthcare
      • Legal
      • Manufacturing
      • Mining & Metals
      • Pharmaceutical
    • Testimonials
    • Events
    • Blogs
    • Awards
    • Our Clients
    Business Leaders Review: Best Business Magazine and News OnlineBusiness Leaders Review: Best Business Magazine and News Online
    Home » Coinbase fixed the outages after users reported seeing $0 in their account balances
    Blockchain

    Coinbase fixed the outages after users reported seeing $0 in their account balances

    By Business Leaders ReviewFebruary 29, 2024
    Coinbase fixed the outages after users reported seeing $0 in their account balances

    Slightly after Bitcoin’s value surpassed $60,000, its highest level since 2021, Coinbase, the biggest cryptocurrency exchange in the United States, suffered major outages and errors on Wednesday afternoon that prevented some users from logging in at all and caused some user accounts to show a $0 balance.

    The downtime has been attributed by Coinbase CEO Brian Armstrong to a “large surge of traffic” that overwhelmed the infrastructure of the exchange. Many users had connectivity problems as a result of Coinbase’s servers being overloaded by the unexpected surge of people trying to purchase, sell, or exchange Bitcoin.

    Requests for a response from Coinbase representatives were not immediately answered.

    Just after bitcoin’s spectacular climb, at about 12 p.m., users started reporting problems.

    Customers may now access the exchange again, Coinbase said in a statement to Forbes. However, users are still experiencing issues with sending and receiving money as well as issues with “some payment methods.”

    The majority of the gains Bitcoin had achieved were erased as the price of the cryptocurrency fell significantly from about $64,000 to about $59,500 after the interruption. Similar outages during moments of high market volatility have already occurred at Coinbase, drawing anger from consumers and industry experts.

    Related Posts

    U.S. Hotel Construction Shrinks Again for Ninth Consecutive Month

    October 23, 2025

    AWS Restores Services After Major Cloud Outage Disrupts Users Globally

    October 22, 2025

    Palantir, Snowflake’s Big AI Data Partnership Fails to Win Over Investors

    October 17, 2025

    China Blamed for Major Breach at U.S. Cybersecurity Giant F5, Reports Bloomberg

    October 17, 2025

    Pfizer CEO Urges US Pharma Industry to Partner with China

    October 16, 2025

    Stadler Boosts Production Speed with Panasonic’s Automated Robot Welding System

    October 15, 2025
    Top Posts

    U.S. Hotel Construction Shrinks Again for Ninth Consecutive Month

    October 23, 2025

    AWS Restores Services After Major Cloud Outage Disrupts Users Globally

    October 22, 2025

    Palantir, Snowflake’s Big AI Data Partnership Fails to Win Over Investors

    October 17, 2025
    Don't Miss

    U.S. Hotel Construction Shrinks Again for Ninth Consecutive Month

    October 23, 2025

    Key Highlights The U.S. hotel construction pipeline contracted for the ninth consecutive month, underscoring the…

    AWS Restores Services After Major Cloud Outage Disrupts Users Globally

    October 22, 2025

    Palantir, Snowflake’s Big AI Data Partnership Fails to Win Over Investors

    October 17, 2025

    China Blamed for Major Breach at U.S. Cybersecurity Giant F5, Reports Bloomberg

    October 17, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • LinkedIn
    About Us
    About Us

    Business Leaders Review is a global print and digital monthly and yearly magazine, which provides a platform to showcase business/tech leaders and their company’s profile from various sectors. Our aim is to publish the c-suite leaders stories.

    We are helping the leaders & readers to showcase their ideas and innovations to the business and tech world in this current market situation along with their awards and achievements. Doing so we hope to leverage thousands of businesses and personnel around the globe.

    Most Popular

    U.S. Hotel Construction Shrinks Again for Ninth Consecutive Month

    AWS Restores Services After Major Cloud Outage Disrupts Users Globally

    Palantir, Snowflake’s Big AI Data Partnership Fails to Win Over Investors

    Latest Magazines
    Facebook X (Twitter) LinkedIn Instagram
    • Home
    • Our Clients
    • TECHNLOGY NEWS
    • Industry News
    • Contact Us
    • Privacy Policy
    • Reprints and Permissions
    © 2021-2025 Business Leaders Review LLC | All Rights Reserved | Empowering Communication Globally

    Type above and press Enter to search. Press Esc to cancel.