Degraded Performance - Coinbase Payments
Aug 24 , 10:56 PDT Resolved - This incident has been resolved. Aug 24 , 10:56 PDT Monitoring - A fix has been implemented and we are monitoring the results. Aug 24 , 10:56 PDT Identified - The issue has been identified and a fix is being implemented. Aug 22 , 04:31 PDT Investigating - We are aware that some users may be experiencing issues completing payments using USDC on the Polygon network via Coinbase...
What happened
Aug 24 , 10:56 PDT Resolved - This incident has been resolved. Aug 24 , 10:56 PDT Monitoring - A fix has been implemented and we are monitoring the results. Aug 24 , 10:56 PDT Identified - The issue has been identified and a fix is being implemented. Aug 22 , 04:31 PDT Investigating - We are aware that some users may be experiencing issues completing payments using USDC on the Polygon network via Coinbase...
Why it matters
The proceeding may create legal precedent, financial exposure or operating constraints for Coinbase, USDC.
Affected entities
View evidence
2 reports · 1 original report · 2 independent
- Coinbase StatusPrimary source · Supports · EN · 100%Degraded Performance - Coinbase Payments ↗
- CointelegraphIndependent · Supports · EN · 51%Coinbase-affiliated advocacy group endorses candidates for US midterms ↗
Claims
- Degraded Performance - Coinbase Payments Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
- Primary source · 78/78%