Neutrl has opened a redemption program whose Ethereum contract pays 0.51 $USDC per NUSD, giving holders an exit at a 49% shortfall …
Wipeout
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Markets
Crypto traders braced for a total wipeout this week but Bitcoin had other plans
by shayaanby shayaanMarket experts view bitcoin’s price stability as evidence of its fundamental independence from Washington, maintaining that global liquidity and adoption cycles remain …
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Finance
Ether outperforms crypto market today with a 8% rally as $255 million wipeout defies bears
by shayaanby shayaanEthereum, the second-biggest crypto, jumped as much as 8.3%, its biggest move in three weeks. Traders who bet against it got burned. …
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Regulation
Europe’s unlicensed crypto firms face ‘wipeout’ as MiCA deadline hits
by shayaanby shayaanSeveral firms have even asked if OXK, which obtained a MiCA license from Malta over a year ago, would acquire them, simply …
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DeFi
The $13 billion DeFi wipeout in two days, and it started with KelpDAO attack
by shayaanby shayaanThe decentralized finance (DeFi) ecosystem is experiencing a sharp capital outflow following the weekend exploit of the KelpDAO protocol. Leading DeFi lending …
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US and Israeli military strikes in Iran triggered a $6.5 million loss for one cryptocurrency prediction market trader. Meanwhile, the attacks generated …
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Markets
Bitcoin claws back to $70,000 on cooling inflation after $8.7 billion wipeout
by shayaanby shayaanDespite the price recovery, the Crypto Fear & Greed Index remains in “extreme fear,” indicating underlying market anxiety. www.coindesk.com
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Markets
Bitcoin’s $2.3 Billion Wipeout Marks Harshest Crash In 4 Years: Analysts
by shayaanby shayaanThe recent slide of Bitcoin has punched a hole in short-term holders’ wallets and left loud questions about where prices might settle …