By Emir Abyazov Key highlights: Binance flaw exploited to trigger $19 billion in liquidations Coordinated attacks wiped out altcoins and shook Bitcoin and Ethereum Exchange delays and collateral mispricing reveal systemic risks How it all began The October 10 cryptocurrency crash was not a fluke but a coordinated attack on a vulnerability in Binance’s system, […]
Tag: USDC
By Emir Abyazov Bitcoin crash sparks $900B selloff as gold soars past $4,000 The largest cryptocurrency collapse in history The crypto market has experienced its largest-ever crash, sending shockwaves across global finance. On October 10, forced liquidations reached $19.31 billion — more than ten times the losses seen during the COVID-19 crash and the FTX […]
By Marco Piccolo Key highlights: Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, is investing $2 billion in blockchain-based prediction platform Polymarket. The deal gives Polymarket a post-money valuation of $9 billion and signals ICE’s growing interest in tokenization and crypto-native financial infrastructure. ICE and Polymarket will collaborate on future blockchain-based initiatives […]