Coinbase: The previous outage was due to technical issues encountered while creating ACH transfers

Chain Catcher News: Coinbase is currently experiencing issues with processing payments or withdrawals involving U.S. bank accounts. Investigations reveal that the outage is due to a technical problem encountered while creating ACH transfers (electronic payments made through the Automated Clearing House). The official statement assures that user funds are secure, and the team is working hard to restore all functionalities. (Source link)