Zaif Exchange Reports ‘Glitch’, $20 Trillion in BTC Temporarily ‘Purchased’ For 0 Yen

Japanese cryptocurrency barter Zaif has accepted a “system glitch” accustomed barter to briefly ‘buy’ trillions of dollars account of Bitcoin for chargeless aftermost week, bounded online account The Asahi Shimbun appear Wednesday, Feb. 21.

Zaif abreast users about the annihilate in a column on their armpit Tuesday, Jan. 20, answer that for 18 account on Feb. 16 users accidentally begin themselves able to ‘trade’ yen for basic bill — at an barter amount of 0 yen per coin.

Asahi Shimbun letters that seven users were able to access crypto for “free”, but the barter managed to abolish all illicitly-gained transactions.

Asahi Shimbun letters that one “buyer” fabricated an attack to advertise 2,200 abundance yen (about $20 trillion) in Bitcoin afore the botheration was resolved.

Zaif’s Twitter posts acknowledge added criticism from users, who accuse about poor backend achievement and abridgement of support.

The latest difficulties comes as Zaif assets added authoritative analysis in the deathwatch of January’s $530mln drudge of Japanese crypto barter Coincheck.

Despite the aegis lapse, Japan’s licensing arrangement for exchanges has apparent ample acceptance back an acknowledged check of the amplitude in April 2017.

Licensed associates will alike anatomy allotment of an awning self-regulatory accumulation from April this year, with capacity still to be ironed out, Cointelegraph afresh reported.

Meanwhile, abstruse errors on boilerplate customer interfaces are far from exceptional of. In January, 2018 online banker Overstock appear a annihilate that resulted in barter actuality able to accept amid Bitcoin and Bitcoin Cash as acquittal options, with the amount amount actual the same.