Author: Yeek.io
Bybit CEO Ben Zhou shares his thoughts on the massive Hyperliquid ETH whale liquidation which led to the platform losing $4 million. He highlights issues that come with leverage on CEXs and DEXs. In a recent post, Zhou explained how the whale was able to pull off an enormous liquidation with a long position of 175,000 ETH (ETH) (valued around $340 million) with 50x leverage without triggering a market crash. He said the whale was able to make a “quick and clean” exit while letting Hyperliquid take the fall. “Why not just try to hit the liquidation price by withdrawing…
NFTevening has partnered with Bitget, a leading cryptocurrency exchange, to bring users an exclusive trading event with incredible rewards. This is your chance to earn up to $4,000 by simply signing up, depositing, and trading on Bitget through NFTevening’s referral link.How to Join the EventJoining is quick and easy! Just follow these steps:Step 1: Sign up for a Bitget account using NFTevening’s referral link or a Bitget official partner’s link.Step 2: Click the “Register Now” button on the event page to confirm your participation.Step 3: Deposit and trade on Bitget to qualify for the rewards.Source: Bitget.comTerms & ConditionsParticipants must complete…
Homepage > News > Business > How BSV’s Teranode paves the way for machine-powered economy In the grand scheme of blockchain evolution, scalability has always been the elephant in the room. For years, we’ve heard promises of global adoption, seamless microtransactions, and a machine-driven economy. Yet, even as blockchain enthusiasts continue to preach decentralization, most public blockchains remain constrained by technical bottlenecks that make true enterprise-scale adoption unrealistic. But something different is happening with BSV. Enter Teranode, the upgrade that finally delivers what blockchain was always meant to achieve: limitless scalability, instant transactions, and negligible fees. While many blockchains are…
Loaded Lions crypto has continued its upward trend for the seventh day as the project teased a major announcement set to be revealed this week. Loaded Lions (LION) surged 35.3% over the past day, reaching an intraday high of $0.0081 at the time of writing, while its market cap remained just shy of $187 million, approaching the $1 billion mark. The price gains came along with a jump in trading volume, which nearly doubled over the past day, hovering around $3.4 million. The altcoin has continued its uptrend over the last nine days, rising over 250% during this period, outpacing…
MGX , the Abu Dhabi-based investment firm, has announced a $2 billion investment in Binance, the world’s largest crypto exchange. This deal marks the single-largest investment ever made in a cryptocurrency company and Binance’s first-ever institutional investment. A Landmark Investment in Digital Finance: On March 12, Binance confirmed that MGX, a state-owned UAE investment firm specializing in AI and advanced technology, is acquiring a minority stake in the exchange. The investment, reportedly made in stablecoins, reinforces MGX’s commitment to the future of blockchain and digital finance. Ahmed Yahia, CEO of MGX, highlighted the significance of this move: “MGX’s investment in…
Crypto trading volumes and dwindling digital asset prices are flashing signs of trader exhaustion and potentially weaker market momentum, according to analysts. Crypto-wide trading volume has been dropping since it peaked in February amid dip-buying opportunities. According to CoinGecko data, daily trading volume hit its highest level this year in early February when it reached $440 billion. It has since sunk by 63% to $163 billion on March 12. Market data firm CoinMarketCap has slightly lower figures but they show the same trend — that volume peaked in 2025 in early March before falling back 52% to current levels. Analytics firm Santiment said…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a post on X, tech entrepreneur and podcast host Jason Calacanis leveled pointed criticism at Michael Saylor’s aggressive Bitcoin strategy. According to Calacanis, “Saylor’s relentless pumping of bitcoin, and his high-risk accumulation techniques, are damaging the Bitcoin ecosystem and brand. Too much centralization, too much hyperbole and too many conflicts. He’s actually setting up the perfect opportunity for someone to launch ‘a better bitcoin.’ I don’t know what that would look like, but he’s set the stage perfectly.” These remarks come on the heels of Saylor’s…
Ether (ETH) fell 13% between March 8 and March 11 as investors moved to short-term fixed-income and cash positions, seeking safety amid a global tariff war and rising fears of an economic downturn. ETH price needs 29% gains to reclaim $2.5KMarket concerns escalated after the United States responded to Canada’s electricity surcharge with retaliatory measures.S&P 500 futures (left, magenta) vs. Ether/USD (blue). Source: TradingView/CointelegraphTypically, traders tend to overreact, increasing the likelihood that Ether will rebound faster than other assets once market sentiment improves. While some argue that risk assets are driven by inflation and economic growth data, others believe gains…
On March 12, 2025, MEXC Ventures announced a $36 million investment into Ethena and its stablecoin USDe. This strategic move highlights the drive to revolutionize stablecoin technology, aiming to bridge traditional finance and DeFi while accelerating cryptocurrency adoption globally.Overview of the caseMEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has announced a significant $36 million investment into Ethena ENA and its innovative stablecoin, USDe. This move, revealed on March 12, 2025, underscores a growing trend in the crypto industry toward advancing stablecoin technology to bridge traditional finance and decentralized systems. Stablecoins have become critical in decentralized finance (DeFi),…
At least three crypto founders have reported foiling an attempt from alleged North Korean hackers to steal sensitive data through fake Zoom calls over the past few days. Nick Bax, a member of the white hat hacker group the Security Alliance, said in a March 11 X post the method used by North Korean scammers had seen millions of dollars stolen from suspecting victims. Generally, the scammers will contact a target with a meeting offer or partnership, but once the call starts, they send a message feigning audio issues while a stock video of a bored venture capitalist is on the screen;…