Liquidations
FTX Crisis
Bahamas Securities Commission to Freeze and Liquidate FTX Assets
Beleaguered Exchange Allegedly Used Customer Funds to Bail Out Sister Concern
Markets
FTX Sees Spike In Liquidations Amid Market Surge
Coinglass Data Shows $1.2B Of Liquidations in the Past 48 Hours
DeFi News
BendDAO Passes Emergency Changes Amid Liquidations
NFT Lending Protocol Relaxes Bidding Requirements
DeFi News
Bored Apes Face Liquidation on BendDAO Amid NFT Bear Market
Four Bored Apes And Fourteen Mutant Apes Are At Risk
Byte
Gelato Releases Tool to Ease Pain of Liquidations
Liquidations are a pain for Defiers, but a new tool aims to prevent them automatically. Decentralized bot network, Gelato Network, released a user interface yesterday which will automatically pay down users’ debt on lending platform Aave if they are close to liquidation. The interface, called Cono Finance, does this by selling some of a user’s…
DeFi News
Are the Bulls Back? Crypto Markets Whipsawed With Amazon News
Crypto markets were showing impressive strength to start the week, on track for a sixth straight day of gains –– until news headlined caused prices to trip mid-run. Bitcoin shot up to as high as $40,300 and Ethereum was trading above $2,400 on Tuesday. The DeFiPulse Index (DPI), a market capitalization-weighted index which consists of…
DeFi News
BSC's Venus Protocol Left With Bad Debt After Liquidations
Binance Smart Chain’s most popular lending protocol, Venus, experienced a massive string of market liquidations totaling over $200M on May 18, and Venus, itself, has been left with $100M in bad debt because of it. The liquidations were primarily caused by the massive price swing of Venus’ governance token, XVS. The token jumped 88% from…
DeFi News
DeFi Hit With Record Liquidations Amid Market Slump
DeFi is in its biggest market rout of the year and borrowers are feeling the pain. Liquidations in decentralized finance spiked to a record $133M in the past day, according to Debank data. $85.2M, or almost 78% of the liquidations, were on Compound. $13M, or 12%, has been shared between Aave V1 and Aave V2.…
Byte
DeFi Liquidations Spike Amid Market Slump
It’s a bloodbath in crypto markets and DeFi borrowers are feeling the pain as liquidations spike. Total liquidation volume jumped to $14.6M on Jan. 10, almost tripling from the previous day, according to data compiled by DeBank. Risk of Leverage Liquidations, which in this context are the resale of borrowers’ collateral by other market participants,…