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Investors to Get Bitcoin Refunds from Poloniex for May Flash Crash
14.8.2019
Poloniex has announced that it will be covering the losses incurred by investors during the flash crash that took place in May. The trading fees will be credited to lenders who lost big funds in the May market slump that involved the dubious digital currency ClAMS. As per the official blog post...
Poloniex Will Reimburse $13.5 Million Loss From Clams Flash Crash
13.8.2019
Poloniex to re-credit trading fees to margin lenders hit by Clams flash crash
Investors Who Lost Big in Poloniex Flash Crash Receive Bitcoin Refunds
13.8.2019
Poloniex allowed margin trading on the coin until a flash crash wiped out 1,800 bitcoins worth $13.5 million at the time
Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes
28.6.2019
On Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when...
Margin Lenders on Poloniex Lost $13.5 Million Due to Flash Crash
7.6.2019
Margin lenders on crypto exchange Poloniex have lost around $13.5 million due to a flash crash