Crypto News
Ether Whale Prevents $340M Liquidation With Series of Last Minute Deposits
An Ethereum user saved several MakerDAO positions from the brink of a $360 million liquidation cascade on Tuesday, adding collateral at the final hour as the price of ETH tumbled.One of the positions had a liquidation price of $1,928, this was triggered alongside a market plunge during U.S. trading hours. The ETH was less than two minutes away from being liquidated and sold at a MakerDAO auction until the wallet owner deposited 2,000 ETH from Bitfinex as additional collateral. It also paid back $1.5 million worth of the DAI stablecoin.The wallet in question took some by surprise by saving the position as they had previously been inactive since November.That particular position is not out of the woods yet; it will...
Sentiment Shock: Investor Fear Erases $5.5 Trillion as Stock and Crypto Markets Collapse
According to analysis by The Kobeissi Letter, a rapid shift from extreme greed to extreme fear among investors—not the U.S.-China trade war—has driven a historic $5.5 trillion collapse in global markets since mid-February. Risk Aversion, Not Tariffs, Drives Historic $5.5 Trillion Market Crash The S&P 500 and cryptocurrency markets have collectively lost $5.5 trillion inSource link
CoinDesk 20 Performance Update: Aptos (APT) Gains 7.5%, as Index Rises From Monday
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2525.03, up 3.6% (+87.07) since 4 p.m. ET on Monday.Eighteen of 20 assets are trading higher.Leaders: APT (+7.5%) and NEAR (+6.7%).Laggards: BCH (-2.6%) and AAVE (-2.0%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
BC.GAME Team Compete for Top Prizes as BC.GAME ESPORTS Expands Its Line-Up
NICOSIA, Cyprus, 11th March 2025, GamingWireSource link
Ethereum’s Holesky Hits Finality After 2 Weeks as Pectra Testing Continues
Ethereum’s Holesky testnet finally reached finality on Monday, nearly two weeks after the Pectra upgrade went live.Epoch 119,090 sealed the deal at around 19:00 UTC, with over two-thirds of validators validating the network. An epoch is a period of time when a specific number of blocks is completed on the blockchain.Finality, which locks transactions irreversibly within two epochs, or about 13 minutes, had been absent since Feb. 24 due to a configuration bug in the client software, not the Pectra upgrade itself.Restoration efforts over the past weeks enabled this recovery. Developers are now stabilizing nodes and pruning old states to fully revive the testnet for Pectra testing.The Sepolia testnet, also running Pectra, achieved finality but later faced empty blocks from...