Coinbase Global Inc., the largest cryptocurrency exchange in the United States, has reopened a recently announced sophisticated trading function that had to be paused earlier when an unconfirmed Twitter user warned of possible system vulnerability.
Coinbase’s spokesman stated that the business had reached out to the Twitter user to learn more about the situation. In response to the user, Coinbase CEO Brian Armstrong indicated that the business would investigate the problem.
Later, Armstrong added a thank-you message to the user.
Later that evening, the cryptocurrency exchange reported that retail advanced trading had resumed and that its customers’ cash were safe.
Only a few customers were given access to Coinbase.com advanced trading feature when it was launched in November. The tool, which is intended for more experienced traders, allows users to interact directly with the order book.
About Coinbase
Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto.
They started in 2012 with the radical idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Today, we offer a trusted and easy-to-use platform for accessing the broader cryptoeconomy.
Customers around the world discover and begin their journeys with crypto through Coinbase.
Approximately 73 million verified users, 10,000 institutions, and 185,000 ecosystem partners in over 100 countries trust Coinbase to easily and securely invest, spend, save, earn, and use crypto.
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