Bitcoin crashed and flushed leverage out, but is the bottom here yet?
Bitcoin just tested an intraday low of $61,349, triggered roughly $1.76 billion in liquidations with long positions absorbing more than $1.5 billion of that total, and then bounced toward the mid-$63,000s. Funding rates flipped deeply negative, open interest reset sharply, and the Crypto Fear & Greed Index fell to 12, a level in extreme fear […] The post Bit...
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Zcash loses over $5 billion after AI finds 4-year bug that could have created fake hidden coins
Zcash lost more than $5 billion in market value after its developers, using Anthropic's Claude AI, discovered a long-running flaw in one of its privacy systems that could have enabled counterfeit tokens to be created without easy detection. In response to this disclosure, data from CryptoSlate showed that ZEC fell more than 50% to as low as $255 […] The post...
JPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network
American's biggest banks plan to introduce a shared tokenized network next year to tackle the potential threat of stablecoins eating into their deposits....
