Coinbase is reimbursing losses caused by the Ethereum flash crash

TechCrunch
By Fitz TepperJun 24, 2017, 12:32 pm217 pts
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…

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