Cloudflare suffered an outage on July 17, affecting much of the internet, including Bitcoin transactions. Cloudflare, a major company responsible for running an array of functions for websites across the internet, suffered downtime on July 17, affecting a large number of websites’ functionality. The downtime ultimately caused a drop in Bitcoin (BTC) transactions. “The Cloudflare […]
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Bill Pulte has been giving away thousands in cash, crypto, and cars for months now, but he could be inadvertently helping scammers. Millionaire philanthropist Bill Pulte has given away close to $150,000 this year in an attempt to promote the mass adoption of cryptocurrency. However, some critics are concerned that he may inadvertently be providing […]
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Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians. A digital Canadian dollar should imitate traditional banknotes in terms of availability and accessibility, according to staff from the country’s central bank, the Bank of Canada. In an analytical note on June 30, experts […]
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Russia’s blockchain vote, powered by Bitfury, is off to a shaky start. Russia’s blockchain-based voting system for the Constitutional amendments is off to a rocky start after going live earlier today, according to local media reports. E-voting, scheduled to take place from June 25 to June 30 for residents of Moscow and Nizhniy Novgorod, is […]
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User-friendly stock and crypto trading app Robinhood has reported downed services. Robinhood, a stock and crypto trading application known for its mainstream appeal and simplicity, recently reported significant platform outages. Robinhood annouced “experiencing a ‘major outage’ in equities and options trading, as well as ‘degraded performance’ in cryptocurrency trading” on June 18, a Reuters report […]
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The Bitcoin uptrend could be in peril, QuadrigaCX described as a “Ponzi scheme,” and Coinbase is punished for outages. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week […]
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Coinbase experienced its highest single-day net BTC withdrawal in the wake of the outage incident, with even the author of “Black Swan” quitting the exchange. Coinbase experienced the largest net outflow of Bitcoins (BTC) in ages in the wake of the recent service outage. Even Nassim Taleb has left the nest. Black Swan The June […]
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According to Coinbase, the exchange’s autoscaling couldn’t keep up with a 5x traffic spike experienced during a Biyvoin price surge to $10,000. The largest cryptocurrency exchange in the United States said its autoscaling was unable to keep up with a huge traffic spike that left many users unable to log in on June 1. According […]
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Members of Crypto Twitter are speculating the busiest exchange in the U.S. may be intentionally crashing its site during volatile times. Coinbase has gone offline four times in the last three months during major Bitcoin (BTC) price moves and furious users unable to access their portfolios are demanding answers. On June 1, when Bitcoin rallied […]
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A frenzied period for major exchanges produces unusual phenomena and huge volumes, while Coinbase bows out. Bitcoin (BTC) hitting $10,000 has been frantic activity on exchanges — investors are buying the largest cryptocurrency at five figures, not selling. According to data from monitoring resource Coin Metrics on June 2, one 10-minute period alone saw trading […]
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