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Bitcoin’s so high, it crashed Coinbase today
Bitcoin's rally is turning out to be bad news for Coinbase, the crypto trading app that has just confirmed some of its customers are seeing a zero balance
“Your assets are safe,” the firm assured the app’s users via a Status page on its website, adding that its team is investigating the issue and will provide an update shortly. The sharp rise has fueled renewed interest in apps like Coinbase, which allows users to buy, sell, and hold crypto products in a digital wallet. The issue arises at a bad time for Coinbase, when a number of more casual investors have returned to the crypto trading market only to find they have, seemingly, no assets.
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