A large sale order on the GDAX exchange earlier this week caused the price of Ethereum to crash massively for a brief period of time. The second most-valuable cryptocurrency dropped to as low as $0.10 in trading before bouncing back to over $300, after the sale triggered a domino effect which saw around 800 advanced orders being filled. The customers who placed those orders -- stop loss and margin call -- have lost big as a result. However, even though it has found that "all trades this week were executed properly," GDAX says that it will reimburse the affected accounts,…
[Continue Reading]