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BitDegree 2024-02-29 07:16:11

Bitcoin Surge Triggers Coinbase Glitch, Leaving Users with Empty Accounts

Key Takeaways Coinbase users reported zero balances in their accounts amidst the increase in Bitcoin's price, causing alarm across the crypto community. Coinbase reassured users of the safety of their assets and began investigating the glitch, attributing the issue to possible service disruptions caused by the surge in Bitcoin's value. The situation stabilized within hours, with Coinbase restoring normal account balances and continuing to examine the cause of the technical setback.

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