Posted inNorth Korea, Northeast Asia, South Asia, South Korea, World

Weekend flash crash sees billions wiped from global markets

A flash crash wiped more than $15 billion from cryptocurrency markets in less than four hours at the weekend, initially in response to the hacking of South Korean trading exchange Coinrail. All major crypto-currencies fell on Sunday morning, American time, with Bitcoin losing $500 in just over an hour. It dropped 10% during the weekend and now […]

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