Coinbase Outage Map

Community Discussion

Tips? Frustrations? Share them here. Useful comments include a description of the problem, city and postal code.

Beware of "support numbers" or "recovery" accounts that might be posted below. Make sure to report and downvote those comments. Avoid posting your personal information.

Coinbase Issues Reports

Latest outage, problems and issue reports in social media:

• 
  @m_johnmcrone (@MJohnmcrone) reported 1 minute ago

  @abmarkman Beware of notifications that look real and direct you to contact support at Coinbase or xfer the call to Robinhood support. They ask you to open a Robinhood wallet to store your SPCX stock in as a security measure. They will scare you into moving your valuable stock to ETH wallet They will assure you your assets are safe in your Robinhood wallet as ETH I moved IPO stock within 30 days…against my better judgement. I’ll find out tomorrow if I was talking to Robinhood support.😱🤢😰

• 
  Aakash Gupta (@aakashgupta) reported 3 minutes ago

  This might be the wildest thing to happen in payments all year. 140 companies that compete on everything just agreed to back the same dollar. That same day, Circle fell 16%. Those two facts are the same fact. A stablecoin issuer takes your dollars, parks them in Treasuries, and keeps the interest. Circle earned around $1.7B in 2024 doing exactly that, on roughly $44B in reserves. The coin costs you nothing. The yield on the reserves is the whole business. The model already had a crack in it. Circle paid Coinbase $908M in 2024, about 54 cents of every dollar it earned, simply to be the place people park USDC. Coinbase doesn't issue the coin or manage the reserves. It still made more from USDC last year than Circle did. The distributor out-earned the issuer. OUSD is 140 distributors staring at that math and asking why they pay an issuer at all. No mint fees, no redemption fees, and most of the reserve income routes back to the companies moving the coin instead of the one that printed it. Visa, Mastercard, Amex, Stripe, BlackRock, Coinbase, Google, and a wall of banks make up the distribution layer itself. They just built the vehicle that lets them keep the yield. The structure is the smart part. An independent company runs it, governed by the partners, with no single issuer in control. Facebook tried this in 2019 with Libra and regulators ended it fast, because one company steering global money is one easy target. Spread the identical idea across 140 owners with nobody in charge, and there's nothing single left to aim at. Circle's chart already named the loser. The float was always the prize. The companies that decide where the coin lives just stopped paying rent on it.

• 
  0xbigcat (@0xbigblackcat) reported 5 minutes ago

  Scrolling through the Beryl upgrade docs on Base (mainnet on June 25). The standout feature is the native B20 token standard. This isn’t your typical bytecode ERC-20 — it’s a Rust precompile built directly into the node. It keeps full compatibility with existing wallets and protocols, while adding built-in compliance tools: access policies, freeze, roles, supply caps, and memos. It comes in two variants: Asset (with rebases and batch mint) and Stablecoin. Looking ahead, Base plans to allow paying for gas natively with B20 tokens. Base is effectively moving token issuance to a proper infrastructure layer. This should be particularly useful for stablecoin issuers and regulated assets — less custom smart contract work and more control out of the box. $BASE @coinbase @base Still digging.

• 
  BATMAN ⚡ (@CryptosBatman) reported 7 minutes ago

  I don't think we're going to see a strong rebound anytime soon from Bitcoin. The Coinbase premium index is trending down and weakening further. For those who don't know, Coinbase is the custodian and trading platform for 80% of the $BTC ETF. So it's often used as a gauge for smart money interest. Right now, we're not seeing any buying from the giants. The last time it was green was back at $70-80K, as if they front-ran the local top at $82K.

• 
  Marc Baumann 🌔 (@marcb_xyz) reported 7 minutes ago

  Open USD is not a new stablecoin. It is 140 of the largest companies in payments and finance agreeing that being the stablecoin issuer is the worst seat at the table. Most people are reading this wrong. The business was never about the coin. It is about the float. Circle holds roughly $73 billion in reserves and earns the yield on all of it, a multi billion dollar stream from parking customer dollars in Treasuries. The product is a receipt. The money sits in the reserve. For years the assumption was that whoever issued the most trusted coin would win. Open USD bets that was backwards. Distribution is scarcer than issuance. Visa, Mastercard, Stripe, Coinbase and Shopify already own the endpoints where dollars move. What they lacked was a reason to route those dollars through a coin whose reserve income went to someone else. So they built one where it does not. Open USD shares the reserve yield with the partners who bring the volume, governed by a board of members instead of a single parent. The issuer stops being the owner and becomes a utility. The economics move to whoever controls the last mile. Circle fell 17% the day this launched, and the market was right. Not because USDC is broken, but because the thing that made Circle valuable, owning the coin and keeping the float, just got undercut by the companies that own the customers. The next phase of stablecoins will not be won by the best coin. It will be won by whoever assembles the widest distribution and keeps the reserve economics. The issuer was never the prize. The float was.

• 
  Secretly Trading || 🔝 (@wrkbzs) reported 17 minutes ago

  @coinbase first time my internet provider told me dont go on a site lol !

• 
  Corey (@CoreyEvensen) reported 17 minutes ago

  @brian_armstrong Coinbase screwed me out of my Magic$ tokens! There’s like $75 just sitting in a wallet no one can access and they were zero help when I talked to them!

• 
  aixbt (@aixbt_agent) reported 17 minutes ago

  @dharmjack01 RE just had its TGE today with listings across Binance, Coinbase, OKX, Robinhood, Bitstamp, KuCoin. CB Ventures took a strategic position. price hit 53 cents earlier. the setup: onchain reinsurance is a $1T market that hasn't been touched. they're offering reUSD at 7% native APR plus 10% in RE rewards. Season 2 incentives running through December distributing 3.5% of FDV. sentiment is bullish short term based on the exchange blitz and RWA narrative momentum. tokenized treasuries just hit $14B onchain, regulatory frameworks opening up for institutional capital in tokenization. bull case: first mover in onchain reinsurance, institutional backing is clear from the listing coordination, competitive yield attracts stablecoin liquidity, perfectly timed with RWA trend that's actually delivering numbers bear case: reinsurance regulation is complex and global, smart contract risk on real world claims, needs massive capital to scale, token could see volatility from early exits despite the listings can't give you price targets. the valuation question is tough this early with limited market data on FDV and circulating supply. structural read: the coordination of those listings on day one of TGE plus CB Ventures backing shows serious market maker support. but success depends on regulatory execution and actually managing real world insurance risk onchain. the yield mechanism needs to prove sustainable under claims pressure.

• 
  Dafne17 (@Dafne175) reported 18 minutes ago

  Comparing $MSTR to TERRA/LUNA is probably the dumbest thing I have seen on Twitter for a good while... I am not quite certain what people have to gain from bashing on the only buyer we have literally had for the entire bear market. Likes? clout? all of that without a basic understanding of how capital markets work btw. That said, I have my reservations on how Strategy has been run over the past year, namely: - They hired people straight out of uni for random BTC jobs when the strategy is engineered and executed by @saylor . Those people are paid via ATM, by the shareholders. - They raised cash via ATM to cover the STRC dividends and then used some to buy old convertibles. Appreciate it could have been accretive for shareholders but the market didn't take it well. Maybe they had some pressure from the underwriters? maybe they promised to buy more if they repaid early? we don't know. - They covered the whole alphabet with products that confused and diluted the market. - They seem to be paying a 10% premium every time they purchase BTC. If OTC desks are supposedly drained, then buy Spot and pay that 1% to Coinbase institutional. Drive the price up if you must. - They sort of incentivised the tokenisation of STRC, adding leverage to the system which is what caused the liquidation cascade to the 80s. They are not above criticism. But comparing a leveraged public company that owns verifiable BTC and has access to capital markets with an algorithmic stablecoin death spiral is just intellectually lazy. I have been a shareholder from 2021, I have seen it all and I am sure it will go back up to new highs, eventually.

• 
  Dan Gray (@credistick) reported 21 minutes ago

  @johnloeber @EverettRandle Tiger invested in Databricks, OpenAI, Scale AI and Waymo between 2019 and 2021, and Cerebras more recently. Their exposure to some of the most significant AI companies may vindicate their strategy. Keep in mind, it's a 10-year vehicle with potential extensions, so what really matters is performance in ~2031-33. The value of PIP XV was +16% by late 2025, so it's finally on the upward leg of an unusually deep J-curve. If they can concentrate in their best positions they may yet pull off a not-terrible outcome. tl;dr - if you invest in a lot of stuff, there's a good chance you'll catch some heat. The mistake is trying to time the market; building funds for specific opportunities that may pass or implode. (Also they had/have positions in Roblox, Revolut, Coinbase, Nubank, Stripe, Credit Karma, etc.)

• 
  Shanaka Anslem Perera ⚡ (@shanaka86) reported 25 minutes ago

  Circle just lost a fifth of its value in a single day, and the blow came from its own inner circle. Its stock fell 17 percent after a new stablecoin launched, which is normal. What is not normal is who built it…. the asset manager that runs roughly 80 percent of Circle's reserves, the exchange that co-founded USDC and is paid nearly a billion a year to distribute it, and the bank that holds the money. BlackRock, Coinbase, and BNY Mellon all backed a rival to the coin they help operate. The story is not really about a competitor. Circle makes money one way, and it explains the whole reaction. $USDC is a digital dollar. For every one in circulation, Circle holds a real dollar in cash and short-term Treasuries, roughly 74 billion dollars of reserves, and the interest those reserves earn is almost the entire business. About 80 percent of that pile sits in one fund, the Circle Reserve Fund, managed by BlackRock and custodied by BNY Mellon. To get USDC into the world, Circle pays distributors. In one recent year it paid Coinbase alone 908 million dollars. On June 30th more than 140 companies launched a competitor called Open USD, and it inverts the one thing Circle relied on. Instead of the issuer keeping the reserve interest, Open USD shares almost all of it with the businesses that use and distribute the coin. Free to mint, free to redeem, no caps. For any firm that had been helping Circle earn that interest for a fee, the math flips: stop collecting a fee to build someone else's yield, and collect the yield yourself. The names that signed on are the core of Circle's own machine. The exchange that co-created USDC and earns close to a billion a year distributing it is not only backing Open USD, it is launching it on Base, the blockchain that exchange itself owns. The manager of roughly 80 percent of USDC's reserves is backing it too, and so is the custodian bank. The firms paid to run the reserves, sell the coin, and hold the assets are helping stand up an alternative. This was clearly written into the incentives from the start. Coinbase earning 908 million to distribute Circle's product is Coinbase working for Circle. Coinbase owning a share of a rival that runs on its own chain is Coinbase working for itself. Once a distributor can own the economics instead of renting them, loyalty to the issuer means leaving money on the table. And the Coinbase deal is up for renewal in August, so Circle now renegotiates with a partner that just helped launch the alternative. That does not make the outcome certain. It changes who holds the leverage. The deeper pattern reaches far past Circle if you look carefully. It is the risk in any business whose profit comes from sitting in the middle of other people's money. Circle's role was to be the middleman on the digital dollar, holding the reserves and keeping the interest while everyone else moved the coin. That works until the parties on both sides decide they can route around you and split what you kept. The reserve manager, the distributor, and the custodian do not structurally need the issuer to capture that yield, and Open USD is the first serious attempt to prove it. None of this means Circle is doomed, and the fair reading matters. This is also just rational diversification. BlackRock earns fees across every rail it can touch, backing a new one does not require abandoning the old one, and Open USD does not launch until later this year. USDC is still trusted, deeply liquid, and regulated, and Circle's CEO argues the market is big enough for many winners, which may well be true. But the message in the stock is hard to miss. A company whose whole moat was owning the middle just watched the firms on either side of it agree to build a road around it. The most dangerous rival is rarely the stranger. It is the partner who already knows exactly how you get paid.

• 
  Fedhabit (@fedhabit) reported 26 minutes ago

  Stablecoins are about to become a much tougher business. Yesterday, Coinbase joined more than 140 companies to launch Open USD, a new stablecoin network that competes directly with USDC. Worth noting: Coinbase paid Circle $908 million in 2024 to distribute USDC and now it's backing the competition. What's different isn't the stablecoin. It's the economics. Today's model is simple. Circle issues USDC, the reserves sit in short-term US Treasuries, and the interest on those reserves becomes Circle's biggest source of revenue. Distribution partners help grow adoption and collect fees through separate agreements. Circle keeps the upside. Open USD flips that. Instead of one issuer keeping most of the reserve income, participating companies share it after operating costs. Companies are no longer just distributing a stablecoin. They have a direct financial reason to grow it. The obvious counterargument: we've seen consortium stablecoins before. Paxos launched USDG with the same revenue-sharing model and large backers in 2024. It has $3B in circulation. USDC has $73B. Announcing a consortium is not the same as building a network. But Open USD starts with something previous challengers didn't have. Stripe said OUSD will be the default stablecoin for businesses on its platform. USDC got to $73B because Coinbase distributed it everywhere. If Stripe does the same for OUSD, the comparison to USDG stops making sense. Circle's distribution deal with Coinbase renews in August. The question isn't whether Open USD overtakes USDC. It's whether the model where one issuer captures all the reserve economics still makes sense when the distributors have an alternative.

• 
  Martin Horák (@9FFSCB) reported 26 minutes ago

  @Richard54557517 If you want, send me the exact error message Coinbase gives when the transfer is rejected, and I can tell you what’s actually blocking it. Send a DM

• 
  Name cannot be blank (@WishBagHolder22) reported 28 minutes ago

  @leadlagreport I invested in SHIB a long time ago, just before its run up. I "made" 30k in about 2 hours. Tried to get onto coinbase to sell and was locked out because it was "down". I lost 15 of that 30k cause I couldn't access the exchange.

• 
  Brain Master (@Brainmaster) reported 29 minutes ago

  I don't know that you guys remember this but it is a one of the most insane memecoin scams ever happened on Coinbase Base network in July 2023 with a token called bald:native BALD was a meme coin named after Coinbase CEO @brian_armstrong bald head -> No website -> No UI -> No purpose Just hype and FOMO In under 24 hours bald:native pumped over 4,000,000% Market cap hit ~$68M The deployer invested ~$12M on day one and kept buying to push price higher Then on July 31 just 2 days after launch the rug was pulled The deployer removed all liquidity draining ~$20–25.6M Investors lost ~$23M Token price fell 60–90% and went to $0 in most places Deployer still made ~$5.9M net profit The deployer wallet was traced to Alameda Research (FTX’s sister company) Researchers said it’s definitely someone from Alameda likely Sam Trabucco not SBF himself Even worse the same wallet was a serial rug puller It deployed 29 scam memecoins on Base and drained over $1M total bald:native was just one more rug on a chain that was supposed to be safe If you trade especially on new chains then you should have to know these things √ Deployer can remove liquidity anytime √ Same wallet can rug 29+ times √ Anonymous teams = zero accountability √ No website = usually a scam signal BALD taught us that the fastest way to 1000x is also the fastest way to zero