Coinbase, one of the leading cryptocurrency exchanges, is aggressively addressing issues related to account freezing by implementing advanced solutions. These include the deployment of smarter machine learning algorithms and in-app verification tools aimed at enhancing user experience and security.

The company reported that it has successfully reduced account freezing complaints by 82% through an internal system overhaul, reflecting its commitment to resolving this significant concern. These developments were shared in a series of updates on June 6, highlighting its ongoing efforts to protect user accounts effectively.