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The Coinbase wallet and exchange service has fixed a bug in the payment gateway system which caused users to lose their funds from Bitcoin transactions via the platform. The issue emerged two weeks after the cryptocurrency exchange announced the launch of Segregated Witness (SegWit) support for its transactions. In their Reddit post on March 12, Coinbase user Dazzling_Substance shared a problem with the platform’s payment gateway when it failed to send Bitcoin to a merchant. The user suggested that the bug was caused by a problem in the Bitcoin Payment Protocol (BIP70) that provides communication between merchants and customers.   Sponsored Dazzling_Substance suggested that Coinbase might have missed the update of the...

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