“Users of the Coinbase app grew concerned on Wednesday as they logged in to find their accounts showing a zero balance, despite owning crypto assets.”
Bitcoin rallied 42% in February to above $61,000, and the biggest US exchange showed customers a zero balance. Coinbase blamed heightened traffic. A trading app that falls over the moment people want to trade has one job and failed it. “Your assets are safe” is a bold promise from a company that can’t display them.