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Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly

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Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract’s mark price to fall nearly 19%.

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Coin Market

Telegram founder Pavel Durov internationally wanted, Russia’s FSB says

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Russia’s FSB says Telegram founder Pavel Durov faces a terrorism-related charge and an international arrest warrant, while a separate French case remains open.

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Coin Market

UK policy sprint finds cross-border payments are stablecoins’ top use case

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Industry participants said stablecoins offer the biggest near-term benefits for cross-border payments, while domestic UK retail adoption is likely to remain limited.

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Coin Market

Bitcoin ETFs extend outflow streak as BTC fails to hold $65K

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US spot Bitcoin ETFs recorded four straight sessions of outflows totaling $526 million as Bitcoin faced renewed selling pressure after failing to hold $65,000.

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