Check your Coinbase account, my balance is 600M

56 points by SQL2219 ↗ HN
something went haywire in crypto space

34 comments

[ 2.6 ms ] story [ 72.4 ms ] thread
Maybe time to retire or go on early holiday.
Something fishy going on.. it shows shib at ~147k. Wtf..
Showing one bitcoin at 789 Billion!
is this the fabled "moon" we've heard about?
Notice Bitcoin SV supposedly spiked to 467 B USD and is currently at 237 M. Because of this I supposedly have 5 M.
I had 1.3 Billion... I will be able to buy the 65 inch tv I always wanted!
A bunch of the price trackers are buggy, they'll get fixed eventually, no real reason to get excited.

It would be interesting to know what happened internally though.

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"Dashboard is all green" - AWS
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Did you cash out?
yea right, I'd rather not go to jail.
First thought is some sort of oracle attack on a defi protocol. I'm sure we'll find out soon enough.
By balance shows as $52,257,436,438.04

I can't trade, it seems. :(

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coinbase finally posted a note:

Display Issue - Non-tradable Assets Some non-tradable assets on Coinbase.com may display inflated values - this is a display issue only and does not impact trading.

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Saw the value of usdt on binance as 113xxxxxxx eur lol
This is a seemingly harmless albeit embarrassing incident. But more broadly I'm really curious as to how the Coinbase product is still so bad. Half of the time I try to 'trade' on the app, the transaction will fail and I'll get some generic error message. The user experience is thoroughly lacking. I have to imagine they employ a lot of talented engineers at this point, and they should know how to build a nice scalable product, but they just can't seem to do it. Really baffling... And in exchange for the poor experience, they charge absurd fees.