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Coin Edition 2024-02-29 11:34:00

Coinbase Glitch Wipes Out $100 Billion in Bitcoin Wealth in Under 60 Minutes

Bitcoin traders lost approximately $100 billion in minutes following a recent glitch on the prominent U.S.-based exchange Coinbase. In the last 24 hours, Bitcoin surpassed the $64k threshold, sparking a massive frenzy from the broader financial market. The frenzy caused Coinbase to see unanticipated traffic to its trading platform, ultimately overwhelming it. Consequently, Coinbase users The post Coinbase Glitch Wipes Out $100 Billion in Bitcoin Wealth in Under 60 Minutes appeared first on Coin Edition .

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