Months after Oct. 10's flash crash and liquidation cascade, a fresh spat has opened between exchange executives and market watchers over whether a leveraged yield loop, thin liquidity, or busted market plumbing did the real damage.
Crypto exchange boss blames Ethena's USDe for October Crash, while investors hit back
AI IMPORTANCE: 5/10
◆
AI INSIGHT
Crypto exchange chief blames Ethena's USDe for Oct. 10 flash crash and ensuing liquidation cascade, months after the event; investors and market watchers rebut, attributing the crash to a leveraged yield loop, thin liquidity and busted market plumbing.
Loading ENA data...
MOBILE APP