Users Punish Coinbase for Outage by Withdrawing Record Amount of BTC

Cointelegraph

Published Jun 09, 2020 03:18PM ET

Updated Jun 09, 2020 05:00PM ET

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.

The June 1 outage happened during the surge of traffic as Bitcoin was trying to push through the $10,000 resistance level. Similarly, to the BitMex’ blackout a few months ago, this caused much frustration amongst its user base. A few days later, one of its most famous users, “Black Swan” author Nassim Taleb, quit the exchange.

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