GDAX exchange house reimburse due to violent crash of Ethereum

The GDAX exchange house, operated by Coinbase, is already working to issue reimbursements in the face of the violent crash that the criptocurrency ether had last week.

It was on Wednesday that ether's prices fell sharply to $ 400 to $ 13 dollars in seconds, causing losses for those who had made loan-based investments, although the price rose rapidly again, Over $ 350 dollars. During that day, as an emergency measure, Coinbase chose to disable ethers withdrawals, as well as their exchange.

Later, GDAX announced through its blog that they intended to compensate the damages, clarifying further that there were no technical failures in the system after having performed an inspection of it. "Our investigations do not indicate that mistakes or thefts have been committed," he assured users in a first post.

During the last week, the price of ether has declined in the face of different causes, such as the saturation of its network with the simultaneous celebration of multiple transactions to participate in financing rounds (ICO) - problematic addressed in the most recent CriptoNoticias editorial - Recent and false rumors that Vitalik Buterin, creator of the smart contracts platform, had died in a traffic accident.