Overview
- Coinbase temporarily blocked trades on its prediction markets on Thursday and later posted a status update saying trading had been restored.
- The outage affected both web and mobile users and stopped customers from placing new prediction-market bets during the interruption.
- Coinbase told reporters that service had resumed and it assured customers that funds were safe while engineers investigated the issue.
- The company has not disclosed the technical cause of the outage or provided a detailed incident report to the public.
- Prediction markets let users bet on event outcomes and brief platform outages can erode trust and draw closer scrutiny from users and regulators.