ArkotNews

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

The exploiter will retain 20% of the stolen funds as a bug bounty.

The non-binding poll seeks to do a temperature check of sentiment toward launching yETH.

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.

The production of the so-called Blocksale chips was announced about a year ago.

Under a new proposal Lido would accept its $1.2 million in ARB tokens and reward them to liquidity providers in wrapped staked ether pools.

There was not a mass unlock of staked ETH, as some predicted, boding well for Ethereum and liquid staking derivatives.

The firm said it continues to invest in and expand its asset-management business.

Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.

The move continues a 2023 rally that has now seen the most popular crypto gain more than 80%.