Could you possibly clarify what exactly is meant by the "0 balance glitch" on Coinbase? I've been hearing murmurs about this issue but haven't quite grasped the full picture. Is it an issue where users suddenly see their balances drop to zero? Or is it something else entirely? Could you explain what causes this glitch to occur? Also, how does Coinbase typically respond to such incidents? Are there any measures that users can take to protect themselves from potential losses? And finally, how widespread is this problem? Is it affecting a large number of users, or is it more of an isolated incident? I'd really appreciate your insights into this matter.
            
            
            
            
            
            
           
          
          
            7 answers
            
            
  
    
    Elena
    Thu May 16 2024
   
  
    Many Coinbase users were startled to see a zero balance in their accounts. The glitch caused widespread confusion and anxiety among the platform's users.
  
  
 
            
            
  
    
    TaekwondoMasterStrengthHonor
    Thu May 16 2024
   
  
    The outage and subsequent price drop highlight the volatility and uncertainty inherent in the cryptocurrency market. Investors must remain vigilant and cautious when dealing in digital assets.
  
  
 
            
            
  
    
    EclipseSeeker
    Thu May 16 2024
   
  
    The cryptocurrency market was rocked by a sudden price plunge for Bitcoin. Reports emerged indicating an outage had occurred, causing panic among investors.
  
  
 
            
            
  
    
    Alessandra
    Thu May 16 2024
   
  
    Within minutes, the value of Bitcoin plummeted by approximately $2,800. The sharp decline caused widespread concern among traders and enthusiasts.
  
  
 
            
            
  
    
    henry_harrison_philosopher
    Thu May 16 2024
   
  
    BTCC, a UK-based cryptocurrency exchange, offers a range of services to its users. These services include spot trading, futures trading, and a wallet for storing digital assets.