How Web3 Will Stop the Next Flash Crash—And Save You from Buying a $100,000 Apple Stock
On May 6, 2010, at precisely 2:32 PM, the stock market decided to take a coffee break. Unfortunately, it didn’t tell anyone. Traders watched in horror (or joy, if they were holding Apple stock) as the markets briefly lost their minds. In a matter of seconds, the e-mini S&P 500 saw 75,000 contracts dumped onto the market, worth a casual $4.1 billion. The result? A 3% market plunge, Accenture stock crashing from $40 to $2, and Apple briefly deciding it was worth more than most small countries—j...
