Bitcoin Hits $0 on Paradex as Glitch Triggers Mass Liquidations
A database migration error on Paradex’s perps exchange caused Bitcoin to show $0, prompting a liquidation cascade and requiring a chain rollback to restore normal operations.
Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, used to power transactions and operations across the network. It functions as “gas,” meaning it pays for transaction fees and computational work required to execute smart contracts and decentralized applications. Beyond its utility role, Ether is also widely traded as a digital asset and investment. Its value is closely tied to activity on the Ethereum network, including DeFi, NFTs, and Web3 applications. As Ethereum evolves, Ether remains central to securing and operating the entire ecosystem.
A database migration error on Paradex’s perps exchange caused Bitcoin to show $0, prompting a liquidation cascade and requiring a chain rollback to restore normal operations.
Bermuda is launching a pilot program to create a fully onchain economy in partnership with Coinbase and Circle, focusing on stablecoin payments and digital infrastructure.
Ethereum network engagement has accelerated sharply, with new user activity nearly doubling and daily transactions reaching record highs.
BitMine Immersion Technologies announces a $200 million equity investment in MrBeast's Beast Industries, expanding its institutional crypto strategy into media and consumer products.
Chinese authorities accuse former digital yuan architect Yao Qian of accepting more than $8 million in cryptocurrency bribes, exposing governance risks at the intersection of blockchain…
BVNK will provide stablecoin infrastructure for Visa Direct pilot programs, enabling select clients to fund and receive payouts using stablecoins across approved markets.
The US commodities regulator is forming a new advisory body to guide oversight of crypto, artificial intelligence, and emerging market infrastructure, signaling a more industry-inclusive regulatory…
South Korea’s Financial Services Commission plans to permit listed companies and professional investors to allocate up to 5% of equity to top cryptocurrencies, ending a nine-year…
Andreessen Horowitz has raised $15 billion to invest in crypto, blockchain, and AI startups, aiming to strengthen US leadership in technology and finance.
Ripple has obtained FCA authorization for its UK subsidiary, allowing it to offer regulated payment and e-money services as Britain advances its digital asset framework.