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Coinbase Resumes Operations After 3-Hour Outage

  • Coinbase is back online after battling a major outage that began at 4:15 AM UTC.

  • The exchange said some users may still experience failures when sending crypto or withdrawing fiat.

Crypto exchange Coinbase (COIN) is back online after a three-hour outage that began at 4:15 AM UTC.

The exchange returned to use at 07:42 UTC, according to its status page. Website visitors had received a "503 Service Temporarily Unavailable" message beforehand.

The exchange noted the outage in a post on X, saying it was investigating the issue and working on a solution. “Your funds are safe,” it posted. A spokesperson for Coinbase said that company didn’t have anything to add.

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According to the status page, some users may still experience failures when sending crypto or withdrawing fiat, marking the service as degraded.

Coinbase shares are down 1.7% in pre-market trading. The price of bitcoin {{BTC}} appears to be unaffected by the issue, and is trading around $61,900, according to CoinDesk Indices data, down less than 1% in 24 hours.

UPDATE (May 14, 08:17 UTC): Updates with return to service, Coinbase shares.