.coinbase has confirmed that some of its customers are experiencing difficulties with accessing their accounts
it's aware that some of its customers are having issues trading and accessing accounts. The trading platform has reassured its users that their funds are safe. It adds that its developers are working on the issue.
Earlier this week, the exchange came under fire after updating the language of its terms of service to clarify that user assets could be wiped out in the event of bankruptcy. That said, CEO Brian Armstrong said that such a scenario was highly unlikely. Coinbase shares are also under severe pressure, plunging to a new all-time low of $40.83 earlier today.
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