Binance Futures Platform Suffers 3% Flash Crash amid Market Maker’s Error

2019-9-17 21:49

Earlier today, Binance’s futures platform suffered a flash crash of nearly 3 percent in a matter of just seconds. Initially, Binance CEO Changpeng Zhou (CZ) took to Twitter to announce that the flash crash had comprised a deliberate attack executed by a market maker known to the exchange.

A market maker from a smaller futures […]

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