Coinbase Faces Repeat Zero Balance Glitch Amid Crypto Trading Fervor

While bitcoin reached a 2024 high on Monday, rising above the $67,000 per unit range, Coinbase suffered an issue again where customers were seeing zero balances. The news follows the issues Coinbase suffered on Feb. 28, 2024, when customers saw zero balances that day as well. Coinbase Users Encounter Zero Balance Bug Again Coinbase’s trading … Read more

Service Interruptions at Coinbase, Robinhood and Kraken as Bitcoin Soared to $64,000

On Wednesday, bitcoin’s value ascended to the vicinity of $64,000, during which time users of Coinbase and Robinhood reported disruptions in service. As of Feb. 28, 2024, Coinbase’s status page indicated the platform was suffering from “degraded performance,” while Robinhood’s clientele voiced their grievances to the platform’s support team. Technical Troubles Shadow Bitcoin’s Climb to … Read more

Developer Proposes Decentralized Bitcoin Hashrate Derivatives

There’s a new concept called Powswap that lets people speculate on hashrate in order to hedge against price volatility. Powswap was developed by the software engineer Jeremy Rubin who believes hashrate derivatives products allow people to leverage new trading strategies. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia Powswap Where … Read more

Bitcoin Price Watch: Maybe We Spoke Too Soon About “Recovery”

Boy oh boy… Where to even begin? Yesterday, we mentioned that recovery in the crypto arena may be happening, but judging from today’s massive price drop, it appears that isn’t the case. Bitcoin has fallen by approximately $600 from yesterday’s high of nearly $7,500. Bitcoin has been in a serious slump for the past two … Read more