COINBASE RESTORES TRADING AFTER 7-HOUR OUTAGE

The exchange confirmed that trading services returned to normal following the incident, which left users unable to access core platform functions throughout Friday. Coinbase did not immediately disclose the cause of the outage or provide details on the number of affected transactions. The company has faced operational challenges in recent days, contributing to what it characterized as a difficult week. The outage underscores ongoing reliability concerns for major cryptocurrency exchanges handling billions in daily trading volume. Extended service disruptions can expose customers to significant financial losses during volatile market conditions. Coinbase, one of the largest crypto exchanges in the United States, has experienced previous technical issues. The company is regulated by financial authorities and maintains insurance for certain customer assets.