BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

Chase Says Technical Issue to Blame After Customers Report Wildly Incorrect Account Balances

Chase Says Technical Issue to Blame After Customers Report Wildly Incorrect Account Balances

JP Morgan Chase says a technical issue triggered concern and confusion over the weekend, as some customers logged into their accounts to discover wildly incorrect balances.
On Sunday morning, customers say they woke up to find that their individual and business accounts had money either debited or credited incorrect amounts, with some users reporting more than $100,000 missing.
Shortly after, #Chasebank began trending on Twitter as users expressed their concerns.
“Really Chase… nobody manning the phones or digital support until tomorrow morning!? I, like thousands of others, have a mortgage payment due this week that just disappeared from my account overnight.”
“Chase missing over $600 from my account what is going on??”
A spokesperson for JPMorgan Chase says that a technical issue delayed updates to checking accounts, causing users’ accounts to show incorrect balances.
“We know some customers reporting seeing incorrect balances in their checking account overnight. This was caused by a technical issue that delayed updates on what displayed on Chase Mobile & Chase Online. We resolved this issue as of 9 AM ET and accounts now show current balances.”
Cryptocurrency enthusiasts are quick to point out that the glitch highlights the potential pitfalls of traditional, centralized financial institutions.

In contrast, the Bitcoin network does not rely on a single data source in order to track user’s balances.
Instead, ledger data is shared and distributed across the many servers around the world that make up the Bitcoin network, which makes it extremely difficult to hack and can prevent single points of failure from affecting overall performance.

Hackers can't digitally steal money from Chase because there's nothing to steal—your balance is just a number in the Chase company database. If they ever think the number is wrong, they "fix it" by typing in new numbers.
Bitcoin is far more real than dollars. https://t.co/myFmRyKV9n
— Stephen Cole (@sthenc) June 28, 2020


Me to myself: "No, don't tweet it. It's not even that funny, even though it's true and people are actually freaking out."
My fingers typing: #Bitcoin fixes this. #ChaseBank @Chase
Me to myself: "Ok well you better turn off all notifications for today. 
</div>
	
<style>
/*  */
#screenshot{
	position:absolute;
	border:1px solid #ccc;
	background:#333;
	padding:5px;
	display:none;
	color:#fff;
	}
/*  */
</style>
<script src=
BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News


Buy Bitcoin online in ANY country, supporting 80+ Payment methods!