Binance hacker dumps a little-known 2017 token and it crashes 90%
Summary
An attacker who previously targeted Binance recently liquidated several minor digital assets. Among them was a cryptocurrency launched in 2017, which suffered a massive ninety percent valuation crash after being sold into markets lacking sufficient liquidity.
The hacker dumped FUN and other smaller tokens into markets too small to absorb large selling, leading to price crashes.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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