Coinbase Transactions Disrupted by Ethereum Scaling Network Congestion

• Coinbase transactions failing due to congestion on Ethereum scaling network Base • Caused by spike in Base network activity after Ethereum's Dencun upgrade reduced fees • Base seeing over 1 million daily transactions, up from 400,000 before upgrade • Hit record of 2.12 million transactions on Saturday • Coinbase status page advises customers to wait for congestion to resolve before submitting Base transactions