CandleFocus

An Altcoin’s Network Experiencing Problems: Coinbase Makes a Statement

Coinbase has warned its users about potential delays in transactions involving Polygon (POL) following a recent major update to the network. The exchange clarified that buying, selling, and fiat withdrawals or deposits are unaffected, but some users may experience delays in sending and receiving Polygon tokens. Coinbase assured users that their funds are secure and that they are investigating the issue. The status page indicated that no other blockchains are currently affected, and similar technical issues in the past were resolved promptly. Polygon recently completed an upgrade that introduced the POL token and an updated staking-based security system.

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