CoinGape
CoinPedia
CoinDoo
The post Coinbase Earns $1 Million from Ethereum crash, doesn’t Compensate Victims! appeared first on Coinpedia Fintech News
Coinbase, the largest U.S. exchange, has reportedly made a profit of around $1 million due to the recent Ethereum price crash. Market participants and observers have said that Coinbase is sitting on this inadvertent windfall and has not surrendered it to the victims. It is not currently obligated to do so. The incident occurred due to a bug in Ethereum’s network and led to a temporary crash in the cryptocurrency’s price. Coinbase stopped trading for a few minutes during the incident and has since resumed normal operations. The incident highlights the need for exchanges to have proper risk management systems in place to avoid such situations in the future.
- Website
- Mobile app
- Telegram Channel
- Telegram Group
- YouTube
- Binance Referral Link
- Bitmex Referral Link
- (Recommended For Leverage) ByBit Referral Link
- Buy Ledger Nano at discounted price
- Buy Cool Wallets at discounted price
Don't forget to share your review/suggestions for the android app.
All In One Crypto App is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as investment advice. Any opinion that may be provided on this page does not constitute a recommendation by All In One Crypto App or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risks
