Difference between revisions of "Black Thursday"
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Latest revision as of 08:48, 23 January 2022
- The 12th of March, 2020, the stock and crypto markets were plunging downwards due to the Corona outbreak, which, among other things, created a critical situation for MakerDAO.
- From Week In Ethereum (15-3-2020):
"Thursday’s global selloff of risk assets led to the most negative price action day of crypto’s short history. The selloff inflated gas prices (~200 gwei) which caused trouble for Maker. The Maker oracles stopped working for an hour or two."
- Coin Metrics wrote (21-4-2020) an assessment of the long term fallout of Black Thursday.