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Crypto Investors Buy Bitcoins at $0.32 as Amazon Cloud Outages Affect Exchanges
Cryptocurrency investors were able to buy bitcoin for as little as $0.3 worth of UISDT after Amazon ‘s cloud service, AWS, suffered an outage that affected various crypto exchanges. According to Founding partner at Primitive Ventures Dovey Wan, an unnamed Asian exchange saw price instability affect in a way that some trades were executed and allowed investors to buy bitcoin, which was trading at around $10,200 at the time, for less than $1 in Tether’s stablecoin. The image Dovey Wan posted reportedly came from a Telegram group related to BitMax. The order book data, however, may not have come from BitMax itself ... (full story)
