crypto3 months ago
Company behind AI trade that caused $60 million crypto liquidations to cover all losses
The mark price fell 19% on a single pre-market trade in Korea. The company says its oracle worked exactly as designed.
CoinDesk
crypto
The latest crypto headlines, updated continuously. · Page 178
crypto3 months ago
Citadel bets on a Fed rate hike Wednesday as bitcoin analysts call a hold. Someone will be wrong.
Citadel's macro team says Wednesday's hike isn't about the data. It's about Warsh's best shot at making a surprise actually count before the market stops being surprised.
CoinDesk
crypto3 months ago
Bitcoin rises toward $64,000 as Korea's record chip crash leaves crypto untouched
SK Hynix fell 17% after profit rose 557% and still missed estimates. Bitcoin is up 1%, and the Fed decides rates today.
CoinDesk
crypto3 months ago
Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly
Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract’s mark price to fall nearly 19%.
Cointelegraph
crypto3 months ago
Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly
Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract’s mark price to fall nearly 19%.
Cointelegraph
crypto3 months ago
Uniswap founder rejects claims v4 fees reduce LP earnings
Hayden Adams said critics misunderstood Uniswap’s newly approved v4 protocol fees, rejecting claims the change reduces liquidity providers’ earnings.
Cointelegraph
crypto3 months ago
South Korea plans stablecoin rules as opposition pushes crypto tax repeal
The FSC reportedly plans a government-backed digital asset bill covering stablecoins and exchanges, while opposition lawmakers seek to scrap a 22% crypto tax due in 2027.
Cointelegraph
crypto3 months ago
Celsius-linked Bitcoin miner Ionic Digital gains 26% in Nasdaq debut
The Bitcoin miner and AI infrastructure company closed at $62.90, giving it a market capitalization of about $2.8 billion after its direct listing.
Cointelegraph
crypto3 months ago
Tether signs tokenization deal with Nairobi Securities Exchange
The agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer.
Cointelegraph
crypto3 months ago
Tether signs tokenization deal with Nairobi Securities Exchange
The agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer.
Cointelegraph
crypto3 months ago
Zcash says Ironwood proof rules out undetectable counterfeiting bugs
Zcash researchers published more than 2,700 machine-checked theorems designed to rule out undetectable counterfeiting bugs in Ironwood.
Cointelegraph
crypto3 months ago
European financial institutions launch RL1 cooperative blockchain network
RL1 began operations as a member-owned blockchain cooperative backed by 10 European financial institutions, including ABN AMRO, DekaBank and Natixis CIB.
Cointelegraph
crypto3 months ago
Coinbase wants to be Canada’s ‘everything exchange,’ but says clearer rules are needed first
Coinbase Canada's new CEO, Eric Richmond, says permanent rules, rather than temporary exemptions, are needed as the company pushes to expand into derivatives, tokenized assets and decentralized finance.
CoinDesk
crypto3 months ago
Myanmar parliament passes crypto scam bill with penalties up to life
Myanmar lawmakers approved an anti-online scam bill whose draft proposed prison terms of 10 years to life for crypto scams and operating scam centers.
Cointelegraph
crypto3 months ago
Visa outlines stablecoin strategy during Q3 earnings call
Visa said it is investing across the stablecoin stack, highlighting OpenUSD, tokenized deposits and AI-powered commerce during the company’s third-quarter earnings call.
Cointelegraph
crypto3 months ago
'Anything remotely dovish' from Fed could be good for bitcoin, says analyst
Traders are divided on whether the Fed will hike rates, but analysts said crypto may be less exposed than AI-driven tech stocks.
CoinDesk
crypto3 months ago
Morgan Stanley expands crypto lineup with Ether, Solana ETPs
The new exchange-traded products track Ether and Solana, offer staking rewards and follow the firm’s Bitcoin fund launched earlier this year.
Cointelegraph
crypto3 months ago
Ondo drops tokenized asset blockchain plans for private, high-speed trading network
The new network powers Ondo's recently-launched perpetual futures platform and will eventually support trading across onchain financial assets.
CoinDesk