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Coinbase At It Again: Crypto Exchange Dims When Bitcoin Sparkles At $67,000, ‘Users Are Flooding Exchanges, It’s Time’

Coinbase (NASDAQ: COIN) is struggling with connectivity again, as users report zero balances. What Happened: The company reported the second instance of connectivity problems in less than a week, indicating strong interest from traders following the Bitcoin price rally. Coinbase Support stated on its X account that some users have experienced increased latency across the exchange, and a few users may see “intermittent zero balance.” The team has, however, assured users of the safety of assets. While trading is not impacted, the team is looking into the issue and will provide an update soon. A …