SEC Hack Triggers $220 Million in Crypto Liquidations and Spot Bitcoin ETF Approval: What Happened?

SEC Hack Triggers $220 Million in Crypto Liquidations and Spot Bitcoin ETF Approval: What Happened?

SEC Mishap Triggers $220 Million In Crypto Liquidations A fake tweet from the SEC’s hacked Twitter account claiming approval of Spot Bitcoin ETFs triggered a surge in prices followed by a crash, leading to $220 million in liquidations and losses for 70,000 traders. Long traders suffered the most, with $133.5 million in liquidations compared to … Read more

CoinEx Hack: Quantifying the Current Loss of Crypto Funds

CoinEx Hack: Quantifying the Current Loss of Crypto Funds

How Much Crypto Has Been Lost In The CoinEx Hack So Far Centralized crypto exchange CoinEx was hacked, resulting in the theft of $55.5 million worth of cryptocurrency, double the initial estimates. The stolen funds were spread across various tokens including Ethereum, Bitcoin, XRP, Tron, Binance Coin, and more. CoinEx has promised to compensate affected … Read more