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Coinbase Back Online After Experiencing 'Connectivity Issues'

The homepage of the popular cryptocurrency exchange is currently inaccessible.

Updated Sep 14, 2021, 10:52 a.m. Published Jan 6, 2021, 3:50 p.m.
Coinbase CEO Brian Armstrong
Coinbase CEO Brian Armstrong

The homepage of leading cryptocurrency exchange Coinbase is now back up after having been inaccessible for hours due to "connectivity issues" on both the website and mobile app.

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  • The issue appeared on the company's status page Wednesday at 15:32 UTC.
  • Six hours after it arose, Coinbase marked the connectivity issue as resolved, per its status page.
  • However, Coinbase added another incident notice at 21:05 UTC citing delays with stellar (XLM) withdrawals. The XRP fork has soared nearly 60% in the past 24 hours.
  • At 21:04 UTC, Bitstamp also notified its users via Twitter that the exchange is "currently experiencing some delays processing crypto withdrawals."

The story is developing and will be updated as more information is available.

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Pudgy Penguins: A New Blueprint for Tokenized Culture

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Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

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Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

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Bitcoin miners surge higher as Anthropic's fundraising efforts boost AI spirits

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Anthropic is set to raise $20 billion in its latest funding round, double the amount it initially targeted, according to the FT.

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  • Anthropic, the maker of the Claude chatbot, is set to raise about $20 billion in new funding at a valuation of $350 billion, according to the Financial Times.
  • That's double the amount the company initially sought to raise.
  • The news is boosting spirits in the AI sector, with bitcoin miners turned AI infrastructure providers like IREN, TeraWulf, Cipher Mining and Hut 8 surging higher.