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Coinbase states that some users' BTC sends may be delayed, but receiving and buying/selling are unaffected.
Coinbase's official status page announced that some users may experience delays in sending BTC; BTC receiving, buying, selling, as well as fiat withdrawals and deposits are unaffected. The platform stated it is investigating and assured users that their funds are safe. The above is as stated in the platform's announcement and should not be taken to mean that all transactions or withdrawals have been suspended.
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