Coinbase Crash: A $100 Billion Market Cap Wipeout
Update at 3:20 PM EST, 28th Feb 2024: Coinbase CEO gave an update by tweeting that Apps are currently bouncing back. They had anticipated a tenfold increase in traffic and conducted load testing. The actual surge surpassed our expectations. Maintaining services with excess capacity is costly, but we will focus on developing auto-scaling solutions and … Read more
