CLAM flash crash forces Poloniex to socialize $14M worth of BTC in losses — here’s what happened

Crypto markets are extremely volatile. You never know how wildly up or down the price may go or when. This turned out to be a disaster for US crypto exchange Poloniex when an obscure token that it offered peer-to-peer margin trading on suffered a flash crash. On May 26, the price of  CLAM dropped so … Continue reading CLAM flash crash forces Poloniex to socialize $14M worth of BTC in losses — here’s what happened