Leading crypto exchange Coinbase suffered a major outage amid crypto mayhem especially with the cryptocurrency Terra Luna, heightening fears among the investors.

The company said it was actively working on the issue. “We are aware that some customers are having issues trading and accessing accounts on Coinbase and Coinbase Pro. Your funds are safe, and we are actively working on the issue. We’ll provide an update here soon,” said Coinbase. The company on Friday said the situation was being resolved. “We’re seeing recovery after implementing a fix, but our teams are continuing to monitor the situation,” it added.

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The investors reported rolling delays in withdrawals on community discussion forum Reddit. “Has the bear market crashed their servers?. Pretty frightening if someone wants to make a fast trade,” posted on Reddit. Meanwhile, Terraform Labs increased the circulating supply of Luna tokens to over 6.5 trillion, up from 386 million three days ago. Later, Terraform Labs said it has halted the Terra blockchain and is working to “come up with a plan to reconstitute it”.

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