As Bitcoin, Altcoins Fall, Coinbase Bows Out Due to Technical Problems

 Coinbase, the San-Francisco based digital asset exchange  suffered an outage on May 25, 2017, and was still unavailable at the  time of writing of this article. The popular digital exchange displayed a  message of ‘Service Unavailable’ and informed users that the site was  down for maintenance. 

 Coinbase informed users on its status page that their website was suffering from a degraded performance. In a tweet,  the company revealed, “Coinbase has experienced unprecedented traffic  and trading volume this week. As a result, Coinbase.com has suffered a  few outages and downgraded performance for some users this week. Our  engineering and support teams are working around the clock to restore  our site to normal performance.” 

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