Liquidation
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Understanding the Implications of Andrew Kang’s BTC/ETH Liquidation on GMX: A Closer Look
According to reports, according to Lookonchain monitoring, Andrew Kang, co founder and partner of cryptocurrency venture capital firm Mechanism Capital, had his long BTC/ETH positi
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Hodlnaut Judicial Administrator: Several of Holdnaut’s largest creditors hope to liquidate the company rather than restructure it
According to reports, according to a court document released by the judicial administrator of the bankrupt cryptolending platform Hodlnaut, several of Holdnaut\’s largest creditors
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Globix Cryptocurrency Exchange Goes Under Liquidation, $43 Million Funds Missing.
On April 25th, it was reported that the liquidators of the closed cryptocurrency exchange Globix have obtained a court order to freeze Globix\’s cryptocurrency assets to force it to
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Tiger Global’s $12.7bn Venture Capital Fund Suffers a 20% Loss Due to Inflation and Pandemic Uncertainty
On April 24th, Tiger Global Management recently informed LP that as of the end of last year, its $12.7 billion venture capital fund had recorded a 20% loss. Tiger Global Fund state
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Blockchain Moon Acquisition Corp Announces Dissolution and Liquidation
On April 22nd, Blockchain Moon Acquisition Corp. (BMAC) announced today that due to its inability to complete the initial business merger within the period required by its revised
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Maker makes changes to multiple vault parameters such as ETH and rETH
According to reports, DeFi Protocol Maker has issued a document stating that the governance module has approved a set of parameter changes for vault types such as ETH, wstETH, rETH
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Sotheby’s Auction to Sell NFTs Confiscated from Three Arrow Capital
According to reports, Sotheby\’s auction house is preparing to sell NFTs confiscated from Three Arrow Capital (3AC). Teneo, the liquidator of 3AC, issued a notice in February outlin
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The Impact of Elon Musk’s Twitter Logo Change on Doggy Coin
According to reports, chain analyst Lookonchain tweeted that during Musk\’s change of Twitter\’s logo from Blue Bird to Doggy (April 4) and then to Blue Bird (April 7), two of the to
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The FTX Exchange and FTX Future Fund Go Bankrupt: What Happened and What’s Next?
On April 6th, it was reported that in November 2022, the FTX Exchange and its subsidiaries went bankrupt, which also led to the closure of its charity FTX Future Fund. This charity
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Understanding the Recent Liquidation of $26 Million in DOGE Futures
According to reports, data from Coinglas shows that futures tracking popular Dog Coin (DOGE) tokens have cleared up to $26 million in the past 24 hours. Most of the liquidation occ
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Withdraw Cryptocurrency Funds from Signature Bank: FDIC Request
According to reports, the Federal Deposit Insurance Corporation (FDIC) of the United States has requested cryptocurrency customers of Signature Bank to withdraw funds before next w
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#The FDIC’s Expenditure and the Process of Handling Bank Failure
According to reports, Federal Deposit Insurance Corporation (FDIC) Chairman Martin Glenberg said on March 27th local time that the FDIC spent $20 billion to handle the bank failure
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Zipmex Token ZMT fell 50% to $0.5
According to reports, ZMT plummeted 50% to $0.5 after news of Zipmex’s funding problems and potential liquidation emerged. In addition, due to missed payments, more than 100 employees (approximately 43% of all employees) will not receive wages this month. According to an email sent to shareholders, Zipmex is working with its legal team to find alternative financing methods. Interpretation of this information: The financial problems that Zipmex is currently facing have caused a significant impact on the stock market, as evidenced by the 50% drop in price of ZMT (Zipmex…
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Zipmex’s rescue investors failed to pay, and employees were informed or would be liquidated
According to reports, According to The Block, Zipmex’s rescue investors failed to pay, and employees were informed that they might be liquidated. Interpretation of this information: Zipmex, a cryptocurrency exchange based in Singapore, appears to be experiencing a financial crisis. Recent reports suggest that the rescue investors who were expected to save the company from collapsing have failed to meet their obligation. Consequently, the management of Zipmex sent a memo to the employees stating that they may have to liquidate the company. This news has generated concerns and anxiety among…
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Voyager has sold $358.52 million of encryption assets
It is reported that since March 8, the bankrupt cryptocurrency broker Voyager Digital has received nearly US $86.8 million of USDC and sent nearly US $82.5 million of cryptocurrency tokens to various addresses belonging to the exchange. As of the press release, the three major liquidation assets of Voyager in the past day include approximately US $58.1 million of ETH, US $10.9 million of SHIB and US $7.2 million of Voyager’s own VGX tokens. According to Arkham Intelligence, a blockchain analysis company, the addresses it uses mainly belong to Coinbase,…
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Data: US $46.32 million was cleared in the past hour
It is reported that according to Coinglas, US $46.32 million has been liquidated in the past hour. Among them, $26 million of clearing came from Bitcoin transactions, and the other $11 million came from ETH. In the past day, 49562 traders were cleared, totaling $159.17 million. The largest single clearing occurred in the XBTUSD transaction of BitMEX, with the amount of 6.49 million US dollars. Interpretation of this information: The cryptocurrency market seems to be experiencing a large amount of liquidation in the past hour, with a total of $46.32…
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ETH fell to a two-month low, and positions on MakerDAO and Compound faced liquidation risk
On March 10, it was reported that after ETH plummeted to a two-month low of $1373, several on-chain positions faced the risk of liquidation. According to DeFiLlama’s data, the $9.2 million position on MakerDAO will be cleared at $1367, while the $29.6 million position on Compound will be cleared at $1241 through the smart contract of the agreement. Interpretation of this information: The recent dip in Ethereum’s price has put several on-chain positions at risk of being liquidated, causing concern among investors. On March 10th, ETH hit a two-month low…
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Binance, Coinbase, OKX and Paxos are not affected by Silvergate liquidation
On March 9, following the announcement by Silvergate, a cryptofriendly bank, earlier today that it plans to end its banking business in an orderly manner and voluntarily carry out liquidation, the cryptocurrency trading platform Binance, Coinbase, OKX and the cryptoinfrastructure company Paxos issued relevant statements that are not affected by the liquidation of Silvergate: Interpretation of this information: The announcement made by Silvergate, a bank that is known for its pro-cryptocurrency stance, has caused some concern within the cryptocurrency community. On March 9, the bank announced that it plans to…