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Crypto

Coinbase EGLD Transfer Delays Hit Users

Guavy AI Editorial Team
Instruments
EGLD
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Coinbase users experienced delays in sending and receiving MultiversX (EGLD) tokens on July 31, but trading remained unaffected.

The issue was caused by a problem with Coinbase's integration layer, not the MultiversX network itself.

Thankfully, the issue was resolved within hours without any security breaches or lost funds.

User transactions were affected, but EGLD trading liquidity remained stable, and users are advised to verify pending transactions now that the problem is fixed.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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