Coinbase Access Issue Statement

Coinbase, the largest cryptocurrency exchange in the USA, made a statement after complaints from users who could not access their accounts. In a statement, the exchange assured users that their funds are safe.

Coinbase Access Issue Statement. Coinbase, the largest cryptocurrency exchange in the USA, made a statement about the access problem. According to the aforementioned statement, the company was aware that certain users were unable to access their accounts, and that the investors' assets were safe. On the other hand, Coinbase came under heavy criticism earlier this week for adding a clause to its terms of service that states that users' assets can be deleted in the event of a bankruptcy. Coinbase CEO Brian Armstrong said such a scenario is unlikely. Earlier today, Bitcoin dropped to $25,000 for the first time since December 2020. Along with the loss in the leading cryptocurrency, Coinbase shares also fell to $ 40.83. This was recorded as an all-time low.