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Claims process begins for creditors of liquidated crypto exchange Cryptopia
9.12.2020
A claims process for Cryptopia creditors has started following a 2019 hack
Canadian Public Company Dumps Ethereum and Monero for Bitcoin
30.11.2020
A Canadian publicly held company has liquidated all of its ethereum and monero holdings and put all of the proceeds into bitcoin. The company is led by a well-known poker player and former member of the European Parliament. Cypherpunk Dumps Monero and Ethereum for Bitcoin Cypherpunk Holdings,...
$100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit
27.11.2020
Lenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan. This happened after what appears to be an oracle exploit on the Dai stablecoin. An apparent error or malicious attack to the Dai-dollar-peg data...
Some loans on Maker are never liquidated, prompting debt auction overhaul
16.11.2020
Small loans for $100 are uninteresting to liquidators, and they're cheap to stack up
Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh Criticism
25.9.2020
Large Makerdao holders decided not to compensate the victims that were liquidated during the unexpected flash crash that took place on March 12, otherwise known as ‘Black Thursday.’ An aggregate total of 38 votes was cast and more than 65% of the governance portal participants voted...
$1 Billion Liquidated as Bitcoin Price Crashes by $1.4K in Minutes
2.8.2020
Bitcoin price suddenly crashed by roughly $1.4K in minutes to $10,600 and rebounded slightly as weekend volatility continues
$270M in Longs Liquidated as Pre-Halving Hype Backfires
10.5.2020
98% of liquidations on BitMEX yesterday were long positions, indicating over-exuberant pre-halving bullishness at $10,000
US State Wants to Legally Seize Unclaimed Cryptocurrencies Left at Custodians
15.3.2020
The U.S. state of Illinois has advanced a bill to consider unclaimed cryptocurrencies at custodians abandoned after five years. The coins will then be liquidated and the proceeds remitted to the State Treasurer. The cryptocurrency owners will have no recourse against the custodians or the state....
Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B
12.3.2020
Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019. Moreover, on five derivatives exchanges, more than $2.2 billion leveraged...
Price of Bitcoin Drops After $150 Million Liquidated on BitMEX
27.2.2020
Over $150 million worth of Bitcoin was sold on major cryptocurrency exchange BitMEX today
Over $190 Million Bitcoin Liquidated on BitMEX Amid Crypto Market Sell-Off
27.2.2020
The crypto markets were shaken yesterday amid a flurry of selling that saw more than $190 million worth of longs and shorts liquidated on BitMEX
XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash
13.2.2020
A number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely...
$118 Million of Plustoken BTC on the Move Again – New Dump Incoming?
11.2.2020
Plustoken’s stash of bitcoin is on the move again. The haul of ill-gotten gains, amassed during a long-running Ponzi scheme that accrued 187,000 BTC, has been sporadically liquidated, impacting the market price of bitcoin in the process. At 2:46 a.m. today, a known Plustoken address moved...
London-Based Cryptocurrency Exchange LBX Faces Compulsory Liquidation
9.2.2020
London-based cryptocurrency exchange LBX is the latest digital asset trading venue to face critical difficulties and is now being liquidated. Despite rising crypto prices, which typically lead to an influx of new traders, some regulated exchanges have struggled to survive amidst rising legal fees...
Virginia Beach-based Bcause Mining Operation is Ordered to Get Liquidated
10.10.2019
BCause Mining LLC, involved in Bitcoin mining operations and situated in the city of Virginia Beach in the United States, has been subjected to liquidation. The news has been confirmed by an Attorney of BCause who clarified that the firm’s operations have come to a halt. The local news outlet...
Bitstamp Starts Investigation After Large BTC Sell Leads to $250 Mln Liquidated on BitMEX
17.5.2019
Bitstamp launched an investigation after a large BTC/USD sell order resulted in a 20% bitcoin price decline on the platform