Tag: accounting errors

Sep 02 2022

Coinbase Users In Georgia Exploited a Decimal Point Error To Cash Out At 100X

Why isn’t Coinbase talking about this? In the Caucasus country of Georgia, an error led to some users exchanging their cryptocurrencies at a 100X profit. Is the cryptocurrency exchange entitled to that money? Or is this a simple case of users taking advantage of an arbitrage opportunity? In crypto, transactions are supposed to be final. However, a centralized exchange like Coinbase has its...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: