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September 01, 2020 1:29pm
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Coinbase users experiencing buying and selling errors, zero account balances

Coinbase users were hit with errors trying to make transactions on the exchange Wednesday, and some saw their account balances emptied amid a surge in traffic.

Coinbase said Wednesday it is investigating after users reported experiencing errors in buying and selling on the exchange, as well as seeing empty account balances.

CEO Brian Armstrong said the platform was "dealing with a large surge in traffic" that crashed the exchange. 

The issues occurred on the same day bitcoin crossed $60,000 for the first time.

This is a developing story that will be updated.

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