Coinbase Outage Map

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Coinbase Issues Reports

Latest outage, problems and issue reports in social media:

• 
  delu (@deluquant) reported 3 minutes ago

  usduc cleared nine hundred eighty percent on listing rumors as the unstable by design narrative takes over. lab up fifty eight percent on the mobile app launch with only seven percent of supply in the wild. bill sitting at forty six percent after coinbase confirmed spot support. base is not slowing down

• 
  The Bitcoiner (@TheBitcoinerIO) reported 3 minutes ago

  COINBASE CUTS 14% OF GLOBAL WORKFORCE AS CEO DECLARES COMPANY WILL REBUILD AS AN “INTELLIGENCE” Coinbase announced Tuesday it will cut approximately 700 employees, representing 14% of its global workforce as of May 1, 2026, citing a combination of crypto market volatility and AI accelerating how the company operates, according to an SEC filing and a memo from CEO Brian Armstrong. The restructuring will be substantially complete in the second quarter of 2026 and is expected to generate $50 to $60 million in total charges, substantially all of which are cash costs tied to severance and termination benefits. US employees affected receive at least 16 weeks of base pay plus two weeks for every year of service, along with their next equity vest and six months of healthcare continuation coverage. Coinbase shares fell approximately 2.5% on the announcement. Armstrong described the cuts in a public post on X as more than a cost reduction. “We are not just reducing headcount and cutting costs, we’re fundamentally changing how we operate: rebuilding Coinbase as an intelligence, with humans around the edge aligning it,” he wrote. The restructuring eliminates what Armstrong called “pure managers,” replacing them with leaders who also serve as individual contributors. Management layers will be capped at five below the CEO and COO. The company plans to create what Armstrong called AI native teams, some as small as one person, combining engineering, design, and product management functions through AI agent workflows. Armstrong said engineers at Coinbase can now ship in days what previously took a team weeks, and that staff without technical backgrounds are now shipping production code. Coinbase reports first quarter 2026 earnings on Thursday after the close. The layoffs are the largest at the company since a 2022 cut of 18% of staff during the prior crypto winter. Bitcoin’s recovery above $82,000 Wednesday as the Iran deal framework emerged provides some relief to the crypto market backdrop, but crypto revenue remained significantly below 2025 peak levels through Q1 according to Robinhood’s and Strategy’s earnings already reported this season. Coinbase is in the base 20 company coverage list for The Bitcoiner and is the primary publicly traded US crypto exchange.

• 
  duckfacts.eth (on farcaster) (@altagers) reported 4 minutes ago

  @rob_cattown @base @coinbase The decline in quality has been evident over the past six months or even a year First, the algo and the logic behind how it interacts with user actions. (soc feed) Next, the wallets and swaps. Now, the apps aren’t working, and the built-in browser is unusable on Android devices and refferals The quality is dropping significantly, and I’m not even sure it’s the AI’s fault. it will be interesting to see how base gonna be forked from op stack. with numbers of bugs that are still in the base app env.

• 
  Koki (@k0k1eth) reported 5 minutes ago

  Coinbase just fired 14% of its employees and the CEO's email reads like it was written by the same AI he's replacing them with Let me break down what Brian Armstrong actually said here because some of these lines are genuinely insane "Non-technical teams are now shipping production code" Read that again. People who are not engineers are pushing code to production at a company that holds billions of dollars in customer funds. The same company that just got regulatory approval to operate in more countries. The platform where your money sits. Vibe coded by the marketing team "We're experimenting with one person teams with engineers, designers, and product managers all in one role" So one person does three jobs for one salary. Revolutionary "Every leader must also be a strong and active individual contributor" Translation: we fired the people doing the work so now the managers have to do it themselves while also managing "Rebuilding Coinbase as an intelligence with humans around the edge aligning it" This sentence means absolutely nothing and the fact that it's in a letter announcing 700+ people lost their jobs makes it even worse Now let's talk about what the email conveniently doesn't mention Coinbase bought Echo from Cobie for $400,000,000. A launchpad platform. They invested in Zora. They threw money at projects that have generated almost zero meaningful returns Nobody in leadership is taking accountability for those decisions. Instead 700 employees are paying for it with their jobs while Brian writes about AI-native pods The stock didn't even go up after the announcement. Usually layoffs pump the stock because Wall Street loves "efficiency." @brian_armstrong and @jessepollak spent hundreds of millions on acquisitions and investments that went nowhere, and now they're cutting 14% of the workforce and blaming it on AI and market conditions The AI part is the cover story. The real story is bad capital allocation by leadership that nobody wants to talk about And somewhere in Coinbase right now a non-technical team is pushing code to the platform that holds your cryptoCoinbase just fired 14% of its employees and the CEO's email reads like it was written by the same AI he's replacing them with

• 
  Glen Wilson (@GlenWilsonIA) reported 5 minutes ago

  @AndrewYang Nothing says, "Things are going well" like staff lay offs. Even if AI was good enough to replace workers, laying off staff is still a sign of problems. The fact Coinbase thinks cutting staff is good for this far more concerning. Clearly Coinbase doesn't think it's going to grow any time soon and is so worried about operational costs that they're cutting staffing. That's no progress, that's stupidity. It's almost like people can't figure out that the only way to make more money, is by actually making more money. Cutting staff is just like cutting your foot off to reduce your food intake.

• 
  MindJailbreaker (@MindJailbreaker) reported 7 minutes ago

  AI is the main driver. Most of customer service is served better by AI and small teams of engineers can accomplish more with less personnel. But, yes, they will also need to be leaner in the face of new competition. Fees effectively rose 33% when they recently canceled 25% discount for VIP traders by taking away complimentary Coinbase One Premium. I'm back to 50bps instead of 37.5bps with the 25% discount. They knew what they needed to hit.

• 
  Stefcke™ (@stefcke) reported 8 minutes ago

  Non technical teams shipping code. Even Coinbase could go down through vibe-coded email signatures. This is going horribly wrong haha

• 
  Aplocks (@APlocks) reported 10 minutes ago

  Coinbase has been straight trash for years, predatory high fees that nickel and dime users to death, nonexistent support that ghosts you when your account gets locked for no reason, and embarrassing outages exactly when the market's moving. Not surprised they're axing 14% of staff, but putting even more faith in AI to run a custody heavy platform with billions in customer assets is reckless as hell. Ditched this clown show for Kraken and couldn't be happier. Do better or keep bleeding users

• 
  l0n0⚡👁 (@AdventureDr) reported 11 minutes ago

  Lol more **** spewed out of an idiots mouth. Look firward to more breaches n hacks at dear coinbase. This was a message. Come poke at us. We are vulnrabel more so then usual. Break it good shadowy internet. Spoils of war here.

• 
  Josh Crumb 🆔++ (@JoshCrumb) reported 11 minutes ago

  @coinbase The paper gold and silver abstractions being offered from Bermuda here to your “investors” is as about as real and useful to the world as the cheesy picture in the post (if you’re buying a sh*tty financial service, you are the product #Crypto) #CartoonFinance

• 
  Suved | Growth & Marketing (@suvedpardeshi) reported 16 minutes ago

  Today I was fired from Coinbase. During my time at the company I was responsible for freezing customer accounts for absolutely no reason. If your account got locked for 7 months while support kept saying “we’re looking into it”... That was probably me.

• 
  Manan (@SeriesCrux) reported 16 minutes ago

  Oracle. Amazon. Meta. Atlassian. Coinbase. 80,000+ jobs gone in Q1 2026. every company said the same thing "AI restructuring" but AI didn't take these jobs, it just gave a cleaner excuse to fix the pandemic era overhiring.

• 
  L (@lanreadelowo) reported 18 minutes ago

  @bigbrutha_ Maybe it has more to do with the trading focus their base app is going. Because the base chain does 100s of millions of revenue to coinbase . Hard to see why they would want to shut it down, would be shocking tbh

• 
  Dave (@CrappyUsername) reported 18 minutes ago

  @organ_danny @coinbase @CoinbaseDev Can you help me set up some outlook rules? Sorry you got cut today. I'm confident there is an army of extremely competent tech folks who will band together when the machines go haywire and save humanity. Until then, here's hoping you land on your feet.

• 
  ruby.sh (@sparkpark_ruby) reported 19 minutes ago

  @sama Today’s AI headlines looked scattered. They weren’t. OpenAI shipped GPT-5.5 Instant. Anthropic and OpenAI both moved deeper into enterprise services. Replit showed massive agent demand. Coinbase tested 1 human + AI agent teams. Capital poured into infra and agent-native apps. Same pattern: better models service-layer monetization agentized execution AI is no longer just a tool story. It’s becoming a company design story.