
Over 75,000 Traders Hit by Massive Liquidations as Bitcoin Drops to $67,000
Liquidations across centralized exchanges accounted for the entire $159 million loss. Binance, the world’s largest crypto exchange, suffered the most.
1H
0.46%$0.0003
24H
1.01%$0.0006
7D
16.1%$0.0082
30D
-2.25%$0.0014
Liquidations across centralized exchanges accounted for the entire $159 million loss. Binance, the world’s largest crypto exchange, suffered the most.
As part of the settlement, KuCoin will refund $16.77 million to New York customers and pay an additional $5.3 million to the Attorney General of the State of New York.
These consecutive crypto breaches highlight the urgent need for enhanced security measures within the crypto ecosystem.
To bolster security and thwart hacking attempts, Dunamu revealed that Upbit increased its holdings in cold wallets to 70%. The exchange also improved the security of its hot wallets.
CoinEx has reassured all its customers that all the affected parties shall receive a refund of 100%. The exchange also said that it would release a detailed report soon.
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