You are viewing a single comment's thread from:RE: Ethereum flash-crashes to $13, then bounced back to $296!!!!View the full contextizabellablue (47)in #crypto • 8 years ago wait! what? what does that even mean? newbie. so what happens to ethereum on coinbase?!
I think it's a technical problem on Coinbase / GDAX website. Either they can't handle the heavy volume or it was a denial of service attack.
Geezus!!! That is alarming and concerning :(
Actually, I just found out it was caused by a poorly design ICO by Status. A huge number of transactions clogged up the network.