Crypto derivatives platform Paradex recently hit a rough patch, unintentionally liquidating positions on its onchain perpetuals markets due to a maintenance bug. In a transparent post-mortem, the team rolled back the chain, refunded $650,000 to around 200 affected users, and fixed the root cause. It’s a reminder that even in the world of blockchain technology, sometimes the most painful…
Bitcoin tumbled nearly 5% in a sharp “Sunday slam,” sliding to around $86,950 and triggering hundreds of millions of dollars in liquidations, just after logging its worst November performance since 2018. The sudden drop has reignited debate across crypto news circles, but many analysts say the move looks more like a leverage flush than a…
Top blockchain technology analyst Tom Lee, chairman of BitMine, asserts that the recent crypto market slide capturing headlines across crypto news and frustrating many in the crypto pur community stems from deep liquidity problems facing core trading market makers following the sweeping $20 billion October 10 liquidation event. Market Maker Liquidity: The Hidden Engine Behind…
