GDAX on Its Botched Bitcoin Cash Launch; “Heavy Buy Demand Resulted in Insufficient Liquidity”

On January 9, Adam White, the general manager of the GDAX exchange, a subsidiary of Coinbase, gave his “retrospective” on the recent and controversial bitcoin cash (BCH) launch on the platform. White details that despite the company’s best efforts things didn’t go as planned, and the executive gives a transparent timeline of events. Also read: … Read more