Cryptocurrency exchange Coinbase has announced that some users may experience performance issues with decentralized exchange (DEX) transactions.
The company announced that it had identified a performance issue, particularly during DEX token transfers and DEX transactions.
According to information provided by Coinbase, the team has identified the source of the problem and is actively working on a solution. The company specifically stated that user funds are safe.
According to the latest update, work is ongoing to resolve the issue.
Coinbase stated that technical teams are continuing to work to fully restore services to normal, and assured users that there is no risk to the security of their funds.
*This is not investment advice.