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Coinbase Suffers ‘Connectivity Issues’ Again as Bitcoin Hits Another Record

Coinbase CEO Brian Armstrong
(Steve Jennings/Flickr)

Coinbase Suffers ‘Connectivity Issues’ Again as Bitcoin Hits Another Record

Leading U.S.-based cryptocurrency exchange Coinbase is suffering connectivity issues for the second consecutive day amid bitcoin‘s parabolic price rally.

  • Coinbase’s status page posted an issue with users connecting to the exchange’s interface at 15:50 UTC.
  • After investigating the issue for nearly two hours, the exchange said it has identified the cause of the problems and is implementing a fix.
  • Yesterday, Coinbase experienced the same issue, per its status page. The problem wasn’t resolved for six hours, as CoinDesk previously reported.
  • The bellwether cryptocurrency ripped through $39,000 for the first time ever late Thursday morning.
  • In mid December, Coinbase filed preliminary documents ahead of a planned public offering, tapping Goldman Sachs to lead the listing days later.

The story is developing and will be updated as more information is available.

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