Coinbase reported critical degradation in its Payments Acceptance service on Thursday. Some customers are experiencing degraded performance, according to the company's status page. The current status is listed as monitoring.
Coinbase is a cryptocurrency exchange and blockchain infrastructure provider used by merchants and consumers for digital asset transactions and payments.
The company's team began investigating the issue and has since implemented a fix, which is now under monitoring. No further details on the scope or duration of the incident have been disclosed.
This is a developing story and will be updated as more information becomes available.