Author: Yeek.io

Bybit CEO Ben Zhou commented on a recent $4 million loss suffered by decentralized exchange (DEX) Hyperliquid due to an Ether whale’s high-leverage trade, noting that centralized exchanges (CEXs) face similar challenges.On March 12, a crypto investor walked away with $1.8 million and forced the Hyperliquidity Pool (HLP) to bear a $4 million loss after a trade that used leverage on the Hyperliquid decentralized exchange (DEX). The trader used about 50x leverage to turn $10 million into a $270 million Ether (ETH) long position. However, the trader couldn’t exit without tanking their own position. Instead, they withdrew collateral, offloading assets without…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The on-chain analytics firm Glassnode has revealed in a report how the Bitcoin investors have seen a shift toward strong distirbution recently. Bitcoin Accumulation Trend Score Has Been At A Low Level Recently In its latest weekly report, Glassnode…

Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs).On March 13, the Capital Markets Board (CMB) of Turkey published two regulatory documents related to the licensing and operations of CASPs, including crypto exchanges, custodians and wallet service providers.The framework grants the CMB full oversight of crypto platforms, ensuring compliance with national and international standards.An excerpt from the title page of the CASP regulation document by the CMB. Source: Official GazetteIt also sets standards and requirements for establishing and providing crypto asset services in Turkey, such as establishment capital, history of executives, shareholder rules and…

Homepage > News > Finance > South Africa urges regulators to classify ‘crypto’ as onshore assets South Africa has stepped up its digital asset licensing and regulations in recent years. However, regulators have overlooked one critical factor that local exchanges say could unlock accelerated growth in the burgeoning industry. In South Africa, digital assets are not classified as onshore or offshore assets and exist in regulatory limbo. Local government bonds, shares listed on local exchanges, real estate and retirement funds are all designated as onshore assets. On the other hand, foreign bank accounts and stocks listed in foreign exchanges are…

DragonSwap, a standout decentralized exchange on the Sei Network, has teamed up with Orbs to roll out two slick trading tools: dLIMIT and DCA. These features, usually reserved for centralized platforms, are now shaking up the DeFi scene, handing traders more control than ever. With dLIMIT, you can set up limit orders—think of it as locking in your buy or sell price ahead of time. No more settling for whatever the market throws at you or babysitting price charts all day. It’s a smarter way to trade with better precision. DCA, or Dollar-Cost Averaging, makes investing easier by spreading out…

Ripple’s case could end in days or weeks if they enter a private agreement with the SEC.  More bettors and Options traders expected XRP to dip below $2 by the end of March.  In February, President Donald Trump’s new SEC paused or permanently dismissed most crypto investigations started by the Biden regime. However, the Ripple [XRP] case has been conspicuously missing from the dismissal list. Pathway to end Ripple case Reports have emerged that the Ripple case could also be over soon, per Fox Business journalist Eleanor Terret, citing people familiar with the matter. She said,  “Two well-placed sources tell…

Stablecoin adoption in Latin America is increasing as more users turn to Circle’s USDC and Tether’s USDT for financial stability, according to a new report from cryptocurrency exchange Bitso.The USDC (USDC) and USDt (USDT) stablecoins have become a “store of value” in Latin America, accounting for 39% of total purchases on Bitso in 2024, the firm said in its third edition of the Latin America Crypto Landscape report issued on March 12.The report highlighted a significant increase in stablecoin adoption on the platform, with total stablecoin purchases surging 9% from 2023.“In Latin America, challenging macroeconomic conditions, characterized by high inflation…

A Decentralized Credit Score: What Is It?A decentralized credit score is a financial trustworthiness rating generated through blockchain networks. Unlike traditional scores controlled by centralized organizations, these scores are based on your activity and reputation within the blockchain itself. They play a key role in trustless financing, where borrowers and lenders connect directly without intermediaries.In the world of traditional finance, missing a payment or otherwise lacking a credit history can hurt your creditworthiness. With Web3 finance, you establish a reputation based on your decentralized identity—a kind of digital breadcrumb trail made up of your wallet activity, transaction history, and attitude…

A high-leverage whale liquidation on Hyperliquid led to a $4 million loss for the HLP fund. Meanwhile, blockchain analysts detected suspicious transactions worth hundreds of millions of dollars, raising concerns about market manipulation and money laundering. Did traders intentionally exploit Hyperliquid’s liquidation mechanism?Hyperliquid Loses $4 Million Due to an Unusual ETH Long PositionSource: hypurrscan.ioOn March 12, 2025, Hyperliquid’s HYPE token dropped 8.5% after a high-leverage whale liquidation. The event caused a $4 million loss for the HLP fund, which serves as the platform’s liquidity buffer.According to data from Lookonchain, the whale deposited 15.23 million USDC into Hyperliquid to open an…

Bybit CEO Ben Zhou commented on a recent $4 million loss suffered by decentralized exchange (DEX) Hyperliquid due to an Ether whale’s high-leverage trade, noting that centralized exchanges (CEXs) face similar challenges.On March 12, a crypto investor walked away with $1.8 million and forced the Hyperliquidity Pool (HLP) to bear a $4 million loss after a trade that used leverage on the Hyperliquid decentralized exchange (DEX). The trader used about 50x leverage to turn $10 million into a $270 million Ether (ETH) long position. However, the trader couldn’t exit without tanking their own position. Instead, they withdrew collateral, offloading assets without…