That was nearly 30% of all liquidated futures on Binance, the data shows. Source: https://www.coindesk.com/markets/2023/08/18/single-trader-lost-55m-on-ether-long-yesterday/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Funding rates tanked on several exchanges, indicating a steep discount in bitcoin perpetual futures. Source: https://www.coindesk.com/markets/2023/08/18/bitcoin-perpetual-funding-rates-crash-as-price-slide-puts-short-volatility-bets-at-risk/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings. Source: https://www.coindesk.com/policy/2023/08/18/celsius-creditors-to-vote-on-bankruptcy-escape-plan-after-judicial-approval/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin prices fell suddenly late on Thursday amid reports of hundreds of millions in sales, triggering a bloodbath across futures and spot markets. Source: https://www.coindesk.com/markets/2023/08/18/no-spacex-isnt-the-cause-of-this-multi-billion-dollar-bitcoin-bloodbath/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto markets cratered late Thursday with bitcoin (BTC) dropping as low as $25,000 on the crypto exchange Binance. Source: https://www.coindesk.com/markets/2023/08/17/crypto-traders-suffer-1b-losses-in-liquidations-in-sharp-sell-off/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, …

The exchange expanded its services in Canada earlier this week. Source: https://www.coindesk.com/business/2023/08/17/coinbase-will-suspend-usdt-dai-and-rai-trading-for-canadian-users/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A federal judge will let the U.S. Securities and Exchange Commission file a motion that, if granted, would allow it to appeal a ruling that XRP transactions through exchanges …

TK Source: https://www.coindesk.com/policy/2023/08/17/ftx-linked-farmington-state-bank-slapped-with-fed-enforcement-action/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

As Coinbase Inc. (COIN) scraps with the U.S. Securities and Exchange Commission (SEC) on its right to exist as an exchange, the company has achieved an unprecedented milestone in …