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RE: Coinbase Reimburses $1 Million to Traders After Ethereum Flash Crash

in #bitcoin7 years ago

It's a tough decision. Given the sensitivity of the market, I think it was the right one. What does this mean for CB and GDAX? It means they'll need to work with the ethereum blockchain and get their shit together before it happens again, otherwise yes, they'll be expected to go through the same exercise. CB already has a poor reputation of reliability and availability, and I think this Flash only highlighted that.