ArkotNews

Liquidations refer to the forced closure of bullish long and bearish short positions in leveraged perpetual futures markets. They often exacerbate price moves.

Nuvei's shares fell by as much as 6% in premarket trading after Spruce Point warned of a 50% downside, but rebounded into positive territory mid-morning.

Trading volume on DEXs rose to $133.1 billion in March, the third straight monthly increase, according to DefiLlama.

Around 100,000 users have participated in the country's central bank digital currency pilot since it kicked off in December.

The exchange said hackers transferred the crypto assets from a hot wallet to an unidentified wallet.

The firm started its fund as more crypto projects seek non-U.S. jurisdictions.

ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?

The high court's "major questions doctrine" could be used to limit the regulator's actions against crypto, said Jason Gottlieb, a partner at Morrison Cohen LLP.

ALSO: Asia-Based Traders Push Bitcoin Past $30K

Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, and it had more than 200 employees. Behind the scenes, though, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim, and the smell of cannabis permeated the office.