Coinbase experienced a minor incident on May 23, 2026 affecting Coinbase Borrow, lasting 22m. The incident has been resolved; the full update timeline is below.
Affected components
Coinbase Borrow
Update timeline
- investigating May 23, 2026, 10:49 PM UTC
Some users may currently be unable to borrow, lend, or manage existing loans. Our team is working on this issue and will provide an update shortly.
- identified May 23, 2026, 11:11 PM UTC
The issue has been identified and a fix is being implemented.
- monitoring May 23, 2026, 11:11 PM UTC
A fix has been implemented and we are monitoring the results.
- resolved May 23, 2026, 11:11 PM UTC
This incident has been resolved.