On Feb. 11, two days before the Super Bowl and Coinbase’s $14 million color-changing QR code advert, an engineer was desperately trying to reach out to Coinbase (NASDAQ:COIN) management and the development team.
Tree of Alpha had discovered “a flaw in the new Advanced Trading feature would have allowed a malicious user to sell BTC or any other coin without owning them.” The flaw in the code had the potential to “nuke” the market.