Coinbase experienced a minor incident on August 24, 2026 affecting PayPal, lasting 15m. The incident has been resolved; the full update timeline is below.
Affected components
PayPal
Update timeline
- investigating Aug 24, 2026, 06:19 PM UTC
Some users may experience latency or degraded performance when withdrawing funds to PayPal. Our team is investigating this issue and will provide an update shortly. Your funds are safe.
- identified Aug 24, 2026, 06:35 PM UTC
The issue has been identified and a fix is being implemented.
- monitoring Aug 24, 2026, 06:35 PM UTC
A fix has been implemented and we are monitoring the results.
- resolved Aug 24, 2026, 06:35 PM UTC
This incident has been resolved.