The Hyperliquid wallet known as pension-usdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price higher during the unwind.
The largest crypto asset rose more than 7% on Wednesday after several catalysts sent crypto-related assets higher.
Bitcoin is close to forming a pattern that analysts say could signal prices rising to as high as $76,000.
A chain of six flaws caused the cross-chain trading network to credit a pool with nearly 50 million tokens that were never properly funded, letting an attacker drain real assets.
Former New York Gov. Andrew Cuomo says the CLARITY Act is key to linking crypto and traditional markets.
Bitcoin’s price swings have hit a cycle low, squeezed by a market tug-of-war with no clear winner. The traders who once lived off its chaos have taken their risk appetite elsewhere.
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