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MTI CEO and Wife Issued With Provisional Sequestration Order by South African High Court
27.4.2021
A South African High Court recently served Mirror Trading International (MTI)’s Johann and Nerina Steynberg with a provisional sequestration order. The court’s decision follows a successful court application by the five joint provisional liquidators of the now-defunct online bitcoin...
New altcoin era? Dogecoin liquidations briefly surpass Bitcoin
24.4.2021
Dogecoin liquidations briefly surpassed Bitcoin, indicating high demand for DOGE and the altcoin market
Bitcoin price drops to $52K, liquidating almost $10B
18.4.2021
Fears of regulatory moves come as a brief hash rate crash from a Chinese power blackout already begins to rebound
Bitcoin flash crashes by $2K in 5 minutes, liquidating $600M in longs
31.3.2021
A flash crash on short timeframes for BTC/USD induces panic among long traders, but for analysts, it's business as usual
Bitcoin may 'take out' previous $53K lows before bulls regain control, says trader
23.3.2021
A night of losses pressures bulls as liquidations mount up and $46,000 support looms large
Extreme leverage drove $500 million worth of BTC liquidations in one hour
16.3.2021
The latest Bitcoin correction triggered a record $500 million worth of liquidations in 60 minutes on major exchanges
$5.64 billion liquidated in 24 hours as Bitcoin extends losses — Is a relief rally near?
23.2.2021
A staggering $5.64 billion worth of futures positions was liquidated in the last 24 hours as the price of Bitcoin dropped 17%
$1.89 billion liquidated: Why did Bitcoin and ETH price correct sharply overnight?
15.2.2021
More than $1.89 billion worth of cryptocurrency futures positions were liquidated in the last 24 hours, as Bitcoin and Ether sharply dropped
While Bitcoin Tapped New Price Highs, 78,000 Short Positions Worth Over $800 Million Got Liquidated
2.1.2021
While bitcoin has crossed a new all-time price high in 2021, traders are leery toward shorting the crypto asset. Data from Bitfinex shows the number of short contracts has been extremely low in comparison to the total number of shorts in mid-March 2020. On Saturday, January 2, 2021, when the price...
South African Court Grants Order to Liquidate Mirror Trading International After Investors Fail to Withdraw Their BTC
1.1.2021
A South African High Court recently granted a provisional liquidation order against Mirror Trading International (MTI) following an application for relief by two investors who failed to withdraw their bitcoin. According to a statement released by lawyers of one of the aggrieved investors, this...
MakerDAO Loans Can Be Gamed to Hold Out Funds From Liquidation, Startup Finds
16.11.2020
A loophole in MakerDAO’s collateralized debt market enables positions to be closed far more leniently than intended due to an oversight in the auction process
A Spain Based Crypto Ponzi Scheme Abruptly Freezes Accounts of 120,000 Investors
17.9.2020
A Spain based crypto Ponzi scheme, Arbicorp abruptly froze accounts of more 120,000 investors on September 12, after the discovery of an error that causes one of its cryptocurrency trading bots to overpay. Arbicorp claims that the error, which went unnoticed for almost a year, led to its trading...
Crypto Exchanges Overwhelmed on Bitcoin’s Most Volatile Day of the Year
12.3.2020
Binance chief Changpeng Zhao referred to it as “Bloodbath day,” and many in the cryptosphere will echo those sentiments, as fallout from the COVID-19 pandemic reverberates through global markets. As crypto exchanges were thronged by frantic traders looking to capitalize on –...
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...