🛠️ UPDATE: 🔍 Coinbase reveals outage cause Coinbase explained that the July 14 disruption, which affected transfers, card payments and on-chain services for nearly 50 minutes, was caused by a configuration error following a routine infrastructure update. The company stated that customer funds remained secure throughout the incident and that the issue was linked to an unintended change involving Kubernetes resources that disrupted communication between internal services. $BTC After resolving the outage, Coinbase introduced new protections to detect configuration conflicts, strengthened recovery systems and added additional deployment controls to reduce the risk of similar incidents.