A chart showing a sharp decline, illustrating the significant impact of crypto futures liquidation on the market.
Bitcoin News

Massive Crypto Futures Liquidation: $111 Million Wiped Out in an Hour

The cryptocurrency market recently experienced a significant event. A staggering **$111 million in crypto futures liquidation** occurred within a single hour. This rapid downturn caught many traders off guard. Furthermore, the broader impact stretched over 24 hours. Total liquidations reached an alarming **$254 million**. Such events highlight the inherent volatility and risks associated with high-stakes […]

South Korea regulators discussing crypto lending rules to mitigate leverage risks
Blockchain News

South Korea Cracks Down on Crypto Lending: New Rules to Protect Investors from High Leverage Risks

South Korea is taking decisive action to tighten cryptocurrency lending rules amid growing concerns over high leverage risks. With major exchanges offering up to 4x leverage, regulators are stepping in to protect investors from volatile market swings. Here’s what you need to know. Why is South Korea tightening crypto lending rules? The Financial Services Commission […]

Binance Unleashes Exciting New Perpetual Contracts: PENGU, CVX, and SLP Set for July 23 Listing
Press Release

Binance Unleashes Exciting New Perpetual Contracts: PENGU, CVX, and SLP Set for July 23 Listing

Get ready for an exciting expansion in your crypto trading arsenal! Binance, the world’s leading cryptocurrency exchange, has just announced a significant update that could reshape your trading strategies. On July 23, Binance will be listing three brand-new USDⓈ-margined perpetual contracts, offering traders more avenues to engage with the dynamic crypto market. This move underscores […]