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Bitcoin Price Crashes to Zero on Paradex Exchange as Glitch Fuels Mass Liquidations

Bitcoin's price plummeted to zero on the Paradex exchange due to a technical glitch, triggering mass liquidations of leveraged positions. The incident caused significant panic among traders, leading to a rapid sell-off across various platforms. While the issue was quickly identified and resolved, many users reported substantial losses. Paradex has since acknowledged the error and is investigating the incident to prevent future occurrences. The event highlights the vulnerabilities in cryptocurrency exchanges and the risks associated with leveraged trading.

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South Korea Customs Uncovers $102M Crypto Laundering Scheme

South Korean customs officials have uncovered a massive $102 million cryptocurrency laundering scheme linked to a criminal organization. The operation involved converting illicit funds into digital currencies and then transferring them overseas to evade detection. Authorities arrested several individuals connected to the scheme and are investigating further to identify additional

New York Stock Exchange Reveals Trading Platform for Tokenized Stocks and ETFs

The New York Stock Exchange (NYSE) has announced the launch of a new trading platform specifically designed for tokenized stocks and exchange-traded funds (ETFs). This initiative aims to integrate blockchain technology into traditional financial markets, allowing for the trading of digital assets alongside conventional securities. The platform is expected to

Bitcoin price consolidation nears 60-day window that's historically triggered rallies

Bitcoin's price is currently consolidating within a 60-day window that has historically preceded significant rallies. Analysts note that similar patterns in the past have often led to upward price movements. As Bitcoin hovers around the $30,000 mark, market sentiment remains cautious but hopeful for a breakout. Traders

A crypto trader turned $285 into $627,000 in one day, but some say the game was rigged

A crypto trader transformed an initial investment of $285 into $627,000 within a single day, sparking significant attention in the cryptocurrency community. However, skepticism arose as some observers claimed the trading platform may have manipulated the game, suggesting it was rigged. Critics pointed to the rapid price fluctuations and

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South Korea Customs Uncovers $102M Crypto Laundering Scheme

New York Stock Exchange Reveals Trading Platform for Tokenized Stocks and ETFs

Bitcoin price consolidation nears 60-day window that's historically triggered rallies

A crypto trader turned $285 into $627,000 in one day, but some say the game was rigged