Coinbase: Polygon Transactions May Be Delayed

IconCryptoNewsTerminal Staff17 Sep, 2024

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Coinbase: Polygon Transactions May Be Delayed

Coinbase announced on its official homepage that "After the Polygon (Matic) network upgrade, the performance of related transactions has deteriorated. As a result, some sending and receiving may be delayed. We are currently investigating, and customer funds are safe". The Polygon network has been experiencing some technical difficulties following a recent upgrade. As a result, some transactions on Coinbase may be delayed. Coinbase is aware of the issue and is working to resolve it as quickly as possible. In the meantime, customers may want to consider using a different network for their transactions. Coinbase will provide updates on the situation as they become available.