• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Coinbase Promises Enhanced Support: Armstrong Apologizes for Solana Delays

user avatar

by Giorgi Kostiuk

a year ago


Brian Armstrong, Coinbase's CEO, publicly apologized for the Solana transaction issues caused by platform glitches. He promised to enhance support and scale infrastructure to prevent similar problems in the future.

Apologies from Coinbase for Solana Glitches

In a post on X on January 22, Armstrong admitted that the Solana transaction backlog was addressed, adding that transactions should now process quickly. He apologized for any inconvenience caused to users who faced transaction cancellations or delays.

Apologies for the trouble with your transactions. We have triaged the Solana backlog, and transactions should generate quickly again.Brian Armstrong

Plans for Infrastructure Improvement

Armstrong acknowledged the need for better Solana support and noted that Coinbase needs to upgrade its infrastructure and provide native support for common use cases like DEX/memecoin trading.

Reactions from the Crypto Community

The crypto community remains skeptical. One user, @PAGANDWOLF, pointed out that the platform had many years to address these issues and prepare for surges in activity like those seen in past bull markets. Armstrong noted that the increased activity is beneficial for the ecosystem but admitted the need to improve customer service during high demand.

Coinbase aims to enhance its platform to avoid such issues in the future. The company's CEO emphasized the importance of high-quality customer service, especially during periods of increased demand for Solana.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Galaxy Digital's Stock Drops Despite NYDFS Approval

chest

Galaxy Digital's stock fell nearly 6% despite receiving a BitLicense and Money Transmission License from NYDFS.

user avatarFilippo Romano

CLARITY Act Sections Could Unlock Banking Sector for Ripple

chest

Sections of the US Digital Asset CLARITY Act may significantly benefit Ripple and its stablecoin RLUSD.

user avatarTomas Novak

US Digital Asset CLARITY Act Could Transform XRP's Legal Status

chest

The US Digital Asset CLARITY Act is approaching potential enactment, which could redefine XRP's classification and regulatory oversight, impacting its future in the crypto market.

user avatarEmily Carter

White House Prepares Announcement on US Strategic Bitcoin Reserve

chest

The White House is preparing to announce the US Strategic Bitcoin Reserve, focusing on legal and operational aspects.

user avatarKaterina Papadopoulou

Bitcoin Set for Bullish Rally in Q4 2026, Says Analyst

chest

Aralez predicts a bullish turnaround for Bitcoin in Q4 2026, with prices potentially reaching $90,000 and above.

user avatarMaya Lundqvist

Dogecoin Enters Critical Cleanup Phase Ahead of Potential Breakout

chest

Market analysts suggest Dogecoin is entering a critical cleanup phase, potentially leading to a stronger breakout attempt.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.