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RE: Ethereum flash-crashes to $13, then bounced back to $296!!!!

in #crypto • 9 years ago (edited)

I think it's a technical problem on Coinbase / GDAX website. Either they can't handle the heavy volume or it was a denial of service attack.

9 years ago in #crypto by
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     9 years ago 

    Geezus!!! That is alarming and concerning :(

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         9 years ago (edited)

        Actually, I just found out it was caused by a poorly design ICO by Status. A huge number of transactions clogged up the network.

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