Backpack successfully navigated the October 11 market flash crash and has implemented a compensation plan for affected users. Following a thorough review of cases, Backpack confirms no socialized […]
Crypto Market Suffers Massive Liquidations Amidst Tariff War Fears
A sudden flash crash triggered the largest-ever crypto liquidation event, exceeding previous records by billions of dollars. Bitcoin open interest reached record highs before this shock, revealing a […]
Bitcoin Whale Triggers $310M Liquidation: Flash Crash Reveals Market Vulnerability
A massive Bitcoin sell-off by an unknown whale triggered a sudden market crash, wiping out an estimated $310 million in trading positions. The flash crash saw BTC prices […]
Flash Crash Caused by Coordinated Liquidity Moves in KOGE-ZKJ
Two major crypto wallets coordinated significant swaps involving KOGE and ZKJ tokens, leading to a dramatic flash crash. The action, estimated at $6.056 million in total value exchanged […]