Coinbase crashed again on Monday as the cryptocurrency market continued its frenetic Monday—marking the second time the U.S.-based exchange buckled under a surge of traffic in as many weeks.

At 12:36 pm EST, Coinbase reported degraded performance on the exchange’s status page. As with last week’s crash, Coinbase users reported zero balances in their wallets.

“A small subset of users may see intermittent zero balance across their Coinbase accounts and latency across pages,” Coinbase’s status page said, adding that trading was not impacted.

“Our team is investigating this issue and will provide an update shortly. Your assets are safe,’ Coinbase sa

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Author: Jason Nelson

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