Japanese Exchange Faces Technical Glitch, Offers Free Bitcoins

[kreslik.news]

Yet another technical mishap has occurred at a Japanese cryptocurrency exchange. This time, investors were allowed to buy bitcoins for free.

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Osaka-based cryptocurrency exchange Zaif, which is run by Tech Bureau Corp, revealed that a system glitch last week allowed seven traders to purchase Bitcoins without any associated yen value. Though the faulty window lasted for 20 minutes, noone was actually successful in making any profit.

The incident happened on February 16th and the exchange quickly voided the executed trades after discovering the glitch. However, Reuters reported that it is ... (read more)