Coinbase Announces Some Users Are Having Trouble Accessing Their Accounts

Coinbase, the largest US cryptocurrency exchange, said it is aware that some users are experiencing problems accessing their accounts.
 Coinbase Announces Some Users Are Having Trouble Accessing Their Accounts
READING NOW Coinbase Announces Some Users Are Having Trouble Accessing Their Accounts

The largest US cryptocurrency exchange, Coinbase, said it is aware that some users are having problems accessing their accounts.

In a statement, the exchange assured users that their funds are safe. He emphasized that the developers are also working on this problem.

Coinbase was heavily criticized earlier this week when it updated its terms of service to clarify that users’ assets could be wiped out in the event of a bankruptcy. Coinbase CEO Brian Armstrong stated that such a scenario is unlikely.

Bitcoin fell to $25,000 earlier today for the first time since December 2020. Along with this decline, Coinbase shares also hit an all-time low of $ 40.83.

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