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Coinbase Reports Delayed MultiversX Transactions for Some Users

Coinbase Reports Delayed MultiversX Transactions for Some Users

Coinbase has reported that some users are experiencing delays with transactions on the MultiversX network. The company acknowledged the issue and said it is investigating the cause.

The reported delays

MultiversX is a blockchain platform designed for decentralized applications and high throughput. The delays mean that some users cannot send or receive MultiversX tokens through Coinbase. The exact cause of the delays is not yet known. Coinbase's status page indicated the problem, and the company said it is working on a resolution. Affected users have reported transaction failures or long wait times.

Coinbase's next steps

Coinbase has not provided a timeline for when the issue will be resolved. The company advised users to check its status page for updates. In the meantime, users may want to avoid initiating new MultiversX transactions until the problem is fixed.