(Bloomberg) — A cryptocurrency data network run by some of Wall Street’s biggest players showed a roughly 90% plunge in Bitcoin on Monday, a glitch that didn’t show up on other platforms. Most Read from Bloomberg The platform, called Pyth, is heralded by its supporters as an industrial-grade source for pricing information on assets like stocks and cryptocurrencies. Its contributors include finance giants like Jump Trading Group, DRW and FTX. On Monday, it briefly reported Bitcoin’s price… Source link
Read More »Bitcoin Crashed to $5,402 in Error on Network Backed by Quants
