Crypto Shock: How a Major Exchange Had to Rollback Blockchain After Glitch Set Bitcoin Price to $0
What Just Happened in Crypto?
In a wild turn of events, a popular crypto exchange faced a nightmare scenario. A simple glitch caused
The Glitch That Crashed Bitcoin to Zero
Picture this: traders log in expecting normal prices, but Bitcoin shows $0. That’s exactly what happened on Drift Protocol, a top perpetual futures exchange on Solana. The issue came from Pyth Network, the oracle that feeds real-world prices to blockchains.
A tiny error in the oracle data feed made Bitcoin’s price drop to zero for a short time. This triggered chaos. Automated bots and traders exploited the…
