Traders buy cryptocoins for free as glitch causes price to drop at $0 [MSN Money]
Comcast Corporation - Class A (CMCSA)
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Source: MSN Money
© Provided by CNBC A collection of bitcoin, litecoin and ethereum tokens. A glitch at a Japanese cryptocurrency exchange allowed some users to buy digital currencies for free, heightening concerns over the security of such trading platforms. Popular Searches AdChoices Zaif, which is run by Tech Bureau Corp, and registered by the government, said that an error occurred with its price calculation system, allowing seven users to buy some digital coins for zero yen. The exchange did not say which cryptocurrencies those were. Six of the transactions have been voided. Zaif is trying to rectify the issue with the seventh customer who attempted to transfer the bitcoin from the exchange, a spokesperson told Reuters. The issue was discovered on February 16 and Zaif made the public aware on February 20 via a blog on its website. Zaif apologized and said there will be no impact on customers. The Japanese exchange is one of the 16
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