Coinbase-backed exchange users report sudden withdrawal problems

Users on the popular cryptocurrency trading platform, Lighter, are reportedly unable to withdraw funds currently, Wu Blockchain reported on Dec. 30. The development took place on a day when Lighter's native token made its debut. Related: Popular crypto company shuts down as Bitcoin crashes What is Lighter? Backed by investors like Coinbase (Nasdaq: COIN) and Robinhood (Nasdaq: HOOD), Lighter is a layer-2 decentralized crypto trading platform built on Ethereum (ETH). Lighter's decentralized nature means ...