Deribit Exchange Causes Flash Crash, Compensates $1.3M to Traders

 

Deribit Exchange Causes Flash Crash, Compensates $1.3M to Traders

Deribit, a newly launched derivative exchange, saw a one-off event that wiped out Bitcoin (BTC), flash-crashing the price to $7,700 while filling orders all the way down. The sudden price anomaly saw …

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