PANews reported on May 19 that according to the official announcement, Coinbase Prime will be temporarily offline on June 14 due to a planned technical system upgrade. The upgrade will take up to 4 hours, starting at 23:00 on June 14, Beijing time. From 23:00 on June 14 to 3:00 the next morning, Beijing time, Coinbase Prime customers will not be able to trade, borrow, pledge, transfer assets, exchange assets, or access on-chain wallets, and ongoing transfers will be delayed.