Key Highlights Coinbase faced a major technical glitch that briefly suspended all buying and selling activities on its platform. The exchange implemented a software fix within an hour and verified that all customer funds remained entirely secure. This trading halt coincided with a period of high visibility for the company following its recent large-scale marketing campaigns. Coinbase, the U.S. based cryptocurrency exchange, reported a technical issue that briefly disrupted customers attempting to buy, sell, or trade assets on the platform. The disruption began on Thursday night, prompting the company’s technical team to investigate the cause of the problem. The issue may have affected market liquidity and millions of users who rely on the platform for timely digital asset transactions. Although the details of the technical issue are not clear, the company mentioned that a fix was put in place within an hour of the initial report. We are aware that customers may be unable to buy, sell, transfer on https://t.co/ohqDivlp6Y at this time. Our team is investigating this issue and will provide an update. Your funds are safe. — Coinbase Support (@CoinbaseSupport) February 12, 2026 The issue became public when the official Coinbase Support account on X posted at 11:41 PM, assuring the users, “Our team is investigating this issue and will provide an update. Your funds are safe.” Within 40 minutes, i.e., by 12:19 AM on February 13, the exchange posted a follow-up statement confirming that a fix was in place and that the team was monitoring the situation to ensure full recovery. Also Read: Coinbase Launches Agentic Wallets for Autonomous AI Transactions