JATIN ThakurDec 25, 2021 · 3 years ago2 answers What impact did Babel's loss of over a million in proprietary trading have on the cryptocurrency market?
How did Babel's loss of over a million in proprietary trading affect the cryptocurrency market? Did it lead to a decline in market confidence and investor sentiment? Did it cause a significant drop in cryptocurrency prices? What were the immediate and long-term consequences of this loss on the overall market stability and growth? How did other exchanges and traders react to this event? Were there any regulatory implications or changes in trading practices as a result of Babel's loss?