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Déjà Vu: Coinbase's Zero Balance Glitch Strikes Again Amid Cry | Blockchain Progress

Déjà Vu: Coinbase's Zero Balance Glitch Strikes Again Amid Crypto Craze

Not Again! Coinbase, the San Francisco-based crypto exchange, is facing a familiar foe – technical disruptions. This time, it's zero balances haunting some users' accounts as the bitcoin boom continues.

Timing is Everything: Just as BTC neared its 2021 peak of $69,044 per coin, Coinbase users were left scratching their heads with empty wallets. But fear not, says Coinbase – your assets are still secure.

Investigating the Issue: Coinbase's team is on the case, working to fix the intermittent zero balance bug and any pesky page delays. Trading remains unaffected for now, but patience is key.

Scaling Struggles: It seems Coinbase can't catch a break. With traffic soaring beyond expectations, CEO Brian Armstrong acknowledges the challenges of keeping up with demand and promises better scalability in the future.

In It Together: Armstrong extends his gratitude to users for their understanding during these hiccups. As the crypto rollercoaster continues, Coinbase aims to ride out the glitches and provide a smoother experience for all.