The broker said advances in quantum computing are accelerating the timeline for crypto risk, but argued Bitcoin faces a multi-year upgrade cycle, not an existential crisis.
The liquidation was so large relative to the order book that Hyperliquid's auto-deleveraging mechanism activated, forcibly closing profitable short positions on the other side of the trade to prevent the system from accumulating bad debt.
White House economists said banning rewards wouldn't significantly boost banks' financial health, amplifying the crypto industry view in the Clarity Act debate.
Interested parties are considering buying select parts of the business, particularly its shuttered European operations, to secure regulatory licenses, rather than pursuing a full takeover.
World Liberty Financial, a Trump-associated cryptocurrency venture, faces renewed scrutiny after its partnership with AB DAO involved individuals later sanctioned for ties to a criminal network, raising concerns about the company's due diligence processes.
Digital assets spiked as a surprise geopolitical de-escalation triggered $600 million in liquidations, sending Bitcoin toward $73,000 and boosting altcoin demand.
In his new memoir, Changpeng Zhao reveals he signed the FTX letter of intent as a formality and calls Caroline Ellison's $22 floor price offer a "fatal mistake."
Claude Mythos Preview identified thousands of zero-day vulnerabilities across every major operating system and browser, including in cryptography libraries that DeFi infrastructure depends on.
Bitfinex warns that Bitcoin's apparent stability is deceptive, as options data and market structure suggest traders are bracing for a sharp decline due to weak demand and fragile positioning.