Coinbase says 'low-risk' config change behind 50-minute July 14 outage impacting trading, card transactions

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Coinbase officially announced that the 50-minute trading and card payment outage on July 14 was caused by a low-risk configuration change. The disruption was identified as a technical error during a system update, and the company emphasized that user assets remained secure. Investors should closely monitor changes in confidence regarding the exchange's technical stability and potential future operational risks.

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