DEEPSEEK
Fireblocks and Solana Exhibit Resilience Amid Record Crypto Liquidation
During a historic $19.5 billion crypto liquidation, Fireblocks and Solana showcased robust infrastructure, maintaining transaction speed and reliability under extreme market stress.
Crypto Market Faces Volatility: Bitcoin (BTC) Dips Amid Liquidations
The crypto market experienced significant volatility as $590 million in positions were liquidated, causing Bitcoin (BTC) to slip to $109K, according to CryptoNews.
Crypto Market Faces $825M Liquidation Amid Altcoin Declines
The crypto market witnessed $825 million in liquidations as altcoins experienced significant drops, with long positions taking the brunt, according to CoinMarketCap.
Crypto.com Chief Demands Regulatory Scrutiny Post-$20B Liquidation Crisis
Crypto.com CEO Kris Marszalek urges global regulators to investigate exchanges after record $20B liquidations triggered by tariff turmoil. Details inside.
Binance to Update Margin Liquidation Fees on August 12, 2024
Binance announces updates to its margin liquidation fees effective August 12, 2024, aiming to protect users and ensure market stability.
FTX Seeks to Liquidate $1.4 Billion Anthropic Stake Amid Bankruptcy Proceedings
FTX seeks court approval to divest its $18 billion stake in Anthropic, part of its post-collapse asset liquidation strategy, to repay customers and fulfill stakeholder commitments.
Genesis Global Capital Moves to Liquidate $1.6 Billion in Grayscale Trusts Amid Bankruptcy
Genesis Global Capital has petitioned the U.S. Bankruptcy Court to sell off its Grayscale Bitcoin, Ethereum, and Ethereum Classic Trust holdings, totaling approximately $1.6 billion. This strategic liquidation aims to maximize creditor repayments amidst potential market volatility, following a recent SEC settlement.
Celsius Unloads Over $125M in Ethereum, Stirs Crypto Market Speculation
Celsius Network's transfer of over $125M in Ethereum to exchanges amid bankruptcy stirs speculation in the crypto market.
dYdX Utilizes $9M Insurance Fund Following Alleged Targeted Attack on YFI
dYdX deployed $9 million from v3 insurance fund to cover YFI market liquidations, suspecting targeted attack and market manipulation. No user funds affected, insurance fund remains at $13.5 million.
FTX Former CEO Sam Bankman-Fried Grilled in Court Over Exchange's Risk Management Measures
FTX CEO Sam Bankman-Fried faced court examination on risk management after 2020 incident. BitMEX Research detailed discussions on "Allow Negative" code change, growth, and SBF's personal and professional entanglements.