Deribit exchange causes Bitcoin flash crash

Deribit exchange causes Bitcoin flash crash

Deribit, a newly launched derivative exchange, saw a flash crash that lead to Bitcoin (BTC) dropping to $7,700. The sudden price anomaly saw the price return immediately to above $9,000. Deribit announced it will cover the losses from its own funds, not resorting to the insurance fund for derivatives.

KCooper
KCooper
A Maxi-Mini mall
A Maxi-Mini mall 3 months

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