Crypto crash wipes out $2.2B—Worse than FTX and LUNA
Crypto traders betting on higher prices just got wrecked. Over $2.2B in liquidations hit the market as Bitcoin fell to $91K and Ethereum crashed 20% in 24 hours. Traders who were betting big on prices moving higher saw their positions forcefully liquidated as panic over Trump’s newly imposed tariffs on Canada, Mexico, and China triggered […]
THORChain ‘eerily similar’ to Terra Luna implosion: Osmosis co-founder
Sunny Aggarwal, Co-Founder of Osmosis, believes THORChain’s liquidity issues mirror the 2022 Terra Luna collapse. THORChain, a decentralized cross-chain liquidity protocol, has paused its network operations due to a significant debt crisis amounting to nearly $200 million. This move has drawn parallels to the 2022 collapse of Terra/Luna, with Sunny Aggarwal, Co-Founder of Osmosis, a […]
VIRTUAL price rises as ecosystem tokens AVA, LUNA, aixbt surges
Virtuals Protocol token bounced back on Tuesday, Jan. 14, a day after forming a doji candlestick pattern as its ecosystem tokens rebounded. Virtuals Protocol (VIRTUAL) rose to $2.93, up 32% from its lowest level this year as investors bought the dip. Most tokens in the Virtuals Protocol ecosystem were among the best performers. G.A.M.E token […]
