Saturday, June 24, 2017

Coinbase is reimbursing losses caused by the Ethereum flash crash

 Earlier this week, GDAX, the digital currency exchange run by Coinbase, experienced a flash crash in its USD – Ethereum market. Within seconds the price of ETH crashed from ~$320 to as low as $0.10. While the price recovered quickly, the rapid price movement caused many traders to experience margin calls or stop loss orders, resulting in potentially severe losses. While many… Read More

by Fitz Tepper via Endless Supplies .Ca - News

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