Why Edward Snowden Is Criticizing Coinbase Over Tremendous Bowl Advert – Bitcoin – United States Greenback ($BTC), Transformed Organics (COIN)


Former CIA agent and whistleblower Edward Snowden has criticized at Coinbase International Inc. (NASDAQ:COIN) after the cryptocurrency buying and selling platform’s web site crashed instantly after its Tremendous Bowl advert was aired.

What Occurred: Snowden famous on Twitter that Coinbase spending zero {dollars} to make sure its web site doesn’t crash even because it spends tens of millions on the SuperBowl advert is “so very web.”

The Coinbase advert — which featured a bouncing QR code positioned in entrance of a black background — shortly went viral and was trending on Twitter.

The bouncing QR code advert, which was linked to Coinbase’s “much less speak, extra Bitcoin” marketing campaign, crashed the corporate’s software.

See Additionally: How To Purchase Bitcoin (BTC)

Why It Issues: Tremendous Bowl LVI was labeled the “Crypto Bowl” by a number of publications because it featured commercials from a number of corporations to advertise their cryptocurrency exchanges and platforms.

Coinbase permits customers to commerce in cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) amongst different choices.

An nameless white-hat hacker had managed to droop buying and selling on Coinbase by hacking its superior buying and selling platform on Friday. The corporate later stated it had “re-enabled full service for retail superior buying and selling.”

Worth Motion: Coinbase shares closed 5.0% decrease in Friday’s common buying and selling session at $194.53 and additional misplaced nearly 0.3% within the after-hours session to $194.00.

Learn Subsequent: Coinbase Extends Bitcoin Giveaway To Present Customers After Superbowl Fame: How To Enter

Picture: Courtesy of Gage Skidmore by way of Wikimedia


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