Summary
TLDR: Users are reporting zero balances on Coinbase accounts as bitcoin reaches all-time highs. Coinbase is investigating the issue but assures users their assets are safe. The cause of the problem is unclear, but the exchange is experiencing a surge in traffic. Despite the errors, trading volumes for Bitcoin ETFs remain strong. Coinbase is working on resolving the issue and has seen improvement in customer trading.
Key Points
1. Coinbase is investigating reports of zeroed-out balances on user accounts amidst bitcoin’s near all-time price highs.
2. Despite the errors, Coinbase reassures users that their assets are safe and that the issue is being investigated.
3. The exchange experienced a surge in traffic during the price jump, causing issues with account balances and trading features.