What changed
Coinbase attributed the incident to a cloud data-hall failure compounded by matching-engine and managed-Kafka recovery weaknesses, and published remediation commitments.
Elevated · Website, app or API outage
Coinbase
Coinbase published a postmortem for a multi-hour platform outage
Coinbase said trading, deposits, withdrawals and other services were unavailable or degraded for roughly eight hours, with full recovery taking longer.
Event date2026-05-07StatusResolvedRating input-3Verified2026-07-27
What users should do
Keep an independent withdrawal route and do not assume a reachable homepage means trading or withdrawals are available.
Evidence ledger