Coinbase Says Funds Are Safe After 6-hour Bank Outage Coinbase | CryptoExplorer ✪

Coinbase Says Funds Are Safe After 6-hour Bank Outage
Coinbase has reassured users that all funds are safe after the exchange was unable to process US bank transactions for nearly six hours over the weekend. Account holders with US bank accounts found they couldn’t make withdrawals or payments on Coinbase from 6:57 am ET to 12:41 pm ET on Sunday. The company identified the issue as a snag with the Automated Clearing House (ACH) system, the electronic network that facilitates online transfers between US banks. Read more