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Coinbase Temporarily Pauses Payouts of ETH Staking Rewards Due to Technical Issue

Coinbase, the largest cryptocurrency exchange in the US, has temporarily halted payouts of ETH staking rewards due to a minor technical issue. However, the exchange has assured users that rewards are still being earned and will be paid out.

Coinbase's staking service allows users to deposit ETH and other proof of stake cryptocurrencies with their platform, where they can earn more crypto as a reward. The suspension of ETH staking has no relation to any regulatory or legal issues, according to Coinbase. The company has not disclosed the nature of the technical issue or why it would take up to 72 hours to fix.

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