Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.
ArkotNews
First Mover Asia: Crypto Liquidity Providers Can Be Profitable by Considering Trade Volume, Volatility and Other Factors, Data Firm Says
ALSO: Ether falls but still outperforms bitcoin for another day as investors look with hope at the Shanghai upgrade.
DWF Labs Invests $16M in RACA to Spur Web3 Gaming Ecosystem
RACA has evolved from managing the NFT collection of Elon Musk’s mom to a Steam-like blockchain gaming ecosystem.
Ondo Finance Plans Yield-Generating Stablecoin Alternative for Institutional Investors
The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield.
Japan Approves Web3 White Paper to Promote Industry Growth in the Country
The document proposes more tax reforms, clearer accounting standards and a DAO law.
Safemoon Hacker Strikes Deal With Developers to Return $7.1M
The exploiter will retain 20% of the stolen funds as a bug bounty.
Ripple's Effect on Financial Advisors
Ripple was projected to have spent $100 million fighting the SEC. Financial advisors should pay attention to Ripple’s trial, as it could have significant consequences to how we define securities.
If Crypto OGs Are Being Hacked, Where Does That Leave the Rest of Us?
Highly skilled crypto users have reportedly lost an estimated $10 million in stolen funds since December, MyCrypto founder Taylor Monahan said.
Crypto Exchange Zipmex Files for Two-Month Moratorium Extension
The request comes after an investor failed to maintain payments to the exchange.
EU Consultation Warns on Risk of Big Players Becoming Metaverse Gatekeepers
The European Commission raised the risks to privacy, openness, cybersecurity and equality in online virtual worlds.