Coinbase Outage Map

Community Discussion

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Coinbase Issues Reports

Latest outage, problems and issue reports in social media:

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  Wendy O (@CryptoWendyO) reported 3 minutes ago

  Crypto things you might have missed: -NYDIG: Clarity Act is crypto's biggest catalyst -Coinbase: USDC growth is not hurting banks -Nvidia CEO claims AI cycle is just starting -Apple flips Nvidia -$63,000 $BTC as chip rout goes global -@saylor says fiat currency is the problem

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  Lior Messika (@lior_eth) reported 3 minutes ago

  @deanwball Hey Dean. Claiming that open-weight models are ungovernable and inherently decel seems inaccurate, or at least unsupported by current evidence. Some thoughts: 1. Kimi K3 is not evidence that open weights stop AI progress. Quite the contrary. At most, it is evidence that the unit economics of closed AI systems are broken. Your logic is that open weights reduce proprietary model rents, thereby reducing capex and in turn, investment in frontier development. You equate AI capex with output, but it is really just another input, and not the only one. 2. Open weights commoditize the model layer but wildly accelerate the layers above and below it. Your argument is that models are unique snowflakes, while the reality points to them behaving much more like cheap, programmable goods. The breadth of possible use cases is orders of magnitude greater with open-weight models than with their closed-source counterparts. Market dynamics continue to push the price of intelligence down rather than up, not some ominous China conspiracy. You are right to point out the lost margin at the model layer, but this is value migration, not value destruction. 3. Lower model prices increase total compute spending. A lower cost of intelligence means higher demand for compute at a global scale. Cheaper compute means more aggregate computation. Jevons effect is in full effect here (pun intended), and this trend is discernible across enterprises like Coinbase and others that have massively increased their token consumption while lowering costs. 4. Competition is good! If anything, your most prominent argument is itself decelerationist and not in line with the last 12 months of data, or with capitalist markets more broadly. Open models increase the floor of capabilities without requiring everyone to pass through your company to access them. Competition between open and closed models turns the reward for building closed models into a much simpler equation: maintain a genuine lead in capability, or lose your edge (and your margins). 5. Most importantly, open weights create distributed and decentralized innovation. This is the most accelerationist premise in the entire argument. AI accelerates without needing to adhere to OpenAI’s agenda, Anthropic’s, DeepMind’s, or anyone else’s. Open-weight models incentivize new methodologies and experiments across post-training, quantization, deployment across different hardware stacks, and much more. This is the definition of accelerationism. 6. Open-weight model builders can still monetize. This is the antithesis of “AI communism.” They can ship valuable products and services like as premium agents, post-training frameworks, and RL environments, while reselling compute at a margin (essentially the same business model as the closed labs). Open weights are only decel if you define AI progress as the amount of capital invested in closed American model companies. In reality, they lower the unit cost of intelligence, expand demand, distribute experimentation across thousands (and soon millions) of actors, create more inference and infrastructure investment, and force frontier labs to keep advancing rather than relying on regulatory or distribution capture. I respect you, and you are undoubtedly more qualified than most to opine on this. Your biases are informed by your role and the company you represent, and there is inherently nothing wrong with that. You argue that open weights stifle innovation and progress, but most of the evidence points to the contrary. More than happy to be proven wrong on any of these claims and to engage in a deeper debate on the topic!

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  laboo (@laboomemes) reported 6 minutes ago

  lost money basically rugged down 90% on base:0xb2000000000000000000007bf6d5cbb0e24cb301 instead of aping solana:Ge87EtsjwRQbHaqQmKRno69RFTwh9bfSsm99XNxTpump because i thought @brian_armstrong wanted to do the trenches right i am retarded for believing in @coinbase sigh

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  h4ttm0lt (@h4ttm0lt) reported 6 minutes ago

  @baseapp has real potential but here’s the honest feedback: the experience still feels like it’s built for people who are already crypto native. onboarding a normie friend right now is still harder than it should be. the cultural layer is underbuilt. trading and payments are fine but people don’t stay for features. they stay because something made them feel like they belonged. that piece is missing. base native projects that have been here for years and built real communities feel deprioritized the moment a new meta shows up. that inconsistency erodes trust with the builders you actually need long term. and the shine tends to follow @coinbase adjacency more than it follows merit. that’s not a good look for an ecosystem trying to position itself as open and permissionless. the tech is there. the distribution is there. the culture and the trust still need real work. fix the culture gap and @base becomes something special. ignore it and the numbers will always feel hollow.

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  Mercy (aka ‘ICM Guy’) (@7VoMercy) reported 10 minutes ago

  @brian_armstrong slow and steady coinbase man!

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  zk. (@zk_lmao) reported 15 minutes ago

  I don’t think ai slop is meme culture, and a low quality comic book version of himself is precisely the kind of sycophantic bs that pushed everyone away from base if you bother to talk to the people who won’t bridge back. A few minutes of research you’ll also find some of the biggest onchain rapists were holding this before Brian posted it. I don’t think it addresses a single concern people had, it serves to try to pump a b20 token launched by a cb ventures backed launchpad. That’s exactly what people were complaining coinbase need to fix - the blatant favouritism. Instead they did it again. I see 1000x more people disgusted by that than anyone saying he should have posted their bags. The only criticism I’ve seen to that end has been it should have been one of the many communities who supported base for years, and that is in line with the criticism from the other day that they never listened to nor respected their own users. But it likely wasn’t about supporting meme culture to begin with, because if it was this looks retarded to anyone who actually likes memes and isn’t a hypergambler, so it’s a mistake. Meme culture != infinite freshly launched slop.

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  Bullish Kid (@Bull1shkid) reported 17 minutes ago

  @GalleonCrypto @cobie Was expected to be changed. The real issue rather is, that it shows that coinbase actually understands how stuff works. But they literally don’t care and/or only use it to extract. Jesse tweeting *CA* under the next brian meme a few hours later is either trolling or bragging

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  Dave a.k.a. SuperTight™️ Prowest™️ (@prowest1) reported 18 minutes ago

  @JaromirTesar Let me see if I understand the logic. There is no hard data to confirm (Blockfrost provides) "disproportionately provide greater good". And… According to the State of Cardano, Blockfrost seems to be top (your data says it is on top) That is actually hard data…isn’t it? And yet… you want to suggest that the #2 and #3 services…using the same metric…when counted (!!!)…have similar “relevance”? How does that math work? I mean if it wasn’t the 2nd and 3rd services would you go even deeper to suggest that the 2nd through 10th services when combined have similar relevance to Blockfrost? There are some things in the ecosystem that cannot be distilled down to multiples of the lowest common denominator…Blockfrost had first mover advantage and has Coinbase and Binance and other ecosystem critical businesses using their services. They won…full stop…your own reply confirms that. So instead of supporting the horse has us in the finals of the Kentucky derby you would rather try to convince the major CEX customers of the ecosystem to change their bets to the second and third best companies together as a better wager? That makes zero sense…but I may be a loan voice in this argument…and I’m not a Drep.

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  nomadshiba RDTS (@nomadshiba) reported 19 minutes ago

  @KH56010 @TheGuySwann there is no spam in the genesis block, just a coinbase tx with a *****

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  Cobie (@cobie) reported 27 minutes ago

  @RuneCrypto_ @baseapp @base I took over the baseapp a few days ago yeah (as well as trading products in Coinbase - the Coinbase app, Advanced trading, etc). I don’t run Base chain. I think that typically CB has been a little bit in an ivory tower and a little bit distant from users, particularly crypto natives. I don’t think I will be able to fix that in a week, or maybe even a month. I can try and capture the voice of ppl onchain more and try and align ppl building things more closely w users. Obviously CB/Base has burned a lot of user goodwill w those users thru some unforced errors, including today. Obviously I could simply not do any of these things and have a nice life instead. Lots of ppl, including og base supporters/trenchers, rly hate base rn - throwing myself into the middle of a hatred pile-on is clearly not the most optimal life choice. I am aware I am setting myself up to be blamed by association. So, I wouldn’t be doing this if I thought it were impossible. I’m going to try and ship stuff that ppl like to use. Maybe ppl will hate what I do w the baseapp too, we will see how it goes.

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  Randy (@MoneroKaiser) reported 27 minutes ago

  @arjunkhemani @chamath i read the entire post and found several parts of it mistaken. Monero is less traceable than zcash. the clearest evidence is the fact that zec is opt in privacy, almost exclusively acquired via centralized KYC platforms, almost no P2P support, and let’s not forget the part where @arkham has 53% and growing of transactions traced and documented. I’m not seeing Monero listed on their services, that’s weird. “It doesn’t matter if an asset has “mandatory privacy” if it’s not actually private. It just functions as a honeypot.” actually the worst part of this read. Monero the honeypot is actively delisted from every major exchange, attacked constantly and despite that holds a massive audience and support purely via P2P, while zcash is available on all of them. ask yourself why a private coin claiming to be freedom money has any business being available there. which leads me to compliant privacy that is exactly what zcash is and that’s a fact. there is 0 reason otherwise to have the option of transparency. this can be accomplished via a view key if it really mattered to someone, there is no reason to have a wide open transparent blockchain other than heavy compliance so it can be available on places like coinbase, which completely contradicts the entire point of true privacy tech which would be a tool against surveillance. lastly, market cap doesn’t equal usage. the fact that Monero and zcash’s market cap are still so close when you consider the wide availability of one vs the other, combined with the fact Monero’s MC remains steady and isn’t hype driven from a “cycle”, it paints a clear picture of which technology is actually preferred by people who truly need it. there is near 0 people out there relying on zcash for true private finance, it’s a coin that people hope the number goes up on so they can sell it and pay crypto gains tax afterward. Monero processes significantly more daily transactions, nearly all of which are private. Zcash has lower overall transaction volume, and only a fraction are shielded. you’re right about it no being a privacy rally, it was a hype driven coordinated pump without actual passionate thoughts around true financial privacy freedom.

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  Adam Bavosa (@adambavosa) reported 29 minutes ago

  Building web3 apps with a web2 experience is easier than ever. Users can deposit into your prediction market or perp DEX with this killer stack. - Privy embedded wallets, sign in with email - Smart accounts with Coinbase Developer Platform and paymaster - Halliday for Deposits End users can deposit or withdraw without worrying about gas or wallets. @CoinbaseDev @base

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  GalleonCrypto (@GalleonCrypto) reported 31 minutes ago

  @Bull1shkid @cobie Agreed! They however dont even support good defi. Just whatever Coinbase Ventures invested in hence why Virtuals was never supported but Zora was

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  0xCletus (@leftcurvecletus) reported 36 minutes ago

  @brian_armstrong Just submitted a bug report for a missing 1,000 bitcoin in my Coinbase account. AI fixed the issue, thx

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  riot' (@33xp_) reported 36 minutes ago

  It is clear that the traditional companies don't want anything to do with current crypto layout.. this is not supposed to be a story but important to understand what these players are doing 2 days ago, Visa announced a platform that'll let payment providers (banks, fintechs) issue or mint, transfer, redeem, manage or hold stablecoins.. Visa Stablecoin Platform (VSP) 2 weeks ago, an independent entity (Open Standard) announced a new stablecoin pegged to usd, OpenUSD.. which is backed by visa, mastercard, blackrock, stripe, google, etc. not surprising, the new visa platform will natively support OUSD with a wallet as a service feature, directly challenging usdc and usdt, dominance. that aside Morgan Stanley rolled out its spot crypto trading, their users can now purchase btc, eth and sol along side stocks.. this is in some kind of way another competition to coinbase, robinhood, etc. connecting this with other changes over the months, its clear that whatever tech would win in the future is not what we have rn.. and we need to start figuring out how to position around these changes the shift is slow, and the mainstream adoption is even slower.. but it'll surely happen, and it'll be funny to be a late majority in something we considered our niche.