menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Blockchain News

>

Crypto Tok...
source image

Pymnts

1d

read

87

img
dot

Image Credit: Pymnts

Crypto Tokens Fall by 50% After Possible Trading Bot Glitch

  • Several cryptocurrency tokens experienced a drastic drop of up to 50% on the Binance trading platform.
  • Speculation suggests that a misconfigured trading bot may have caused the sudden price decline.
  • The drop in token prices coincided with Binance's announcement of changes in leverage requirements and margin tiers for perpetual contracts.
  • The decline in prices extended to other trading platforms, impacting both centralized and decentralized exchanges.

Read Full Article

like

5 Likes

For uninterrupted reading, download the app