If someone managed to buy at this moment of the bug, they must be rich now!!
prosperidade8
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🚨CRITICAL BUG! Bitcoin Drops to Zero on Decentralized Exchange Paradex and Liquidates Several Traders 🚨*
Bitcoin experienced a sharp drop to zero on the decentralized exchange Paradex, causing mass liquidations and leaving several traders in panic. The Paradex team confirmed that the issue was caused by a database migration bug and that user funds are secure.
*What happened?*
- During a routine database maintenance, a critical bug caused the price of Bitcoin to fall to zero on Paradex - Several traders were liquidated due to the bug, resulting in significant losses - The Paradex team acted quickly and performed a chain rollback to restore account balances to the state prior to the incident - User funds are secure, but some trades and positions were affected
*Updates:*
- Paradex warned about fake support accounts impersonating the real team - The team is working to restore normal operations - There is no formal compensation plan for affected users.
Remember to always check Paradex's official updates and be cautious of scams! follow me for more crypto content and updates.
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