Analysts said most of the record $19 billion crypto liquidation was organic deleveraging, but other traders accused market makers of deepening the crash.
Digital Currency Exchange News
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1inch co-founder Sergej Kunz said centralized crypto exchanges will gradually fade and serve only as frontends for decentralized finance.
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Despite the nearly $9 million loss, Machi and other large investors are betting on the price of the XPL token recovering.
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The London Stock Exchange launched a Microsoft-powered blockchain platform for private funds, marking the first such initiative by a global exchange.
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Discover how Hyperliquid, a lean, self-funded layer-1 DeFi exchange, reached $330 billion in monthly volume in July 2025.
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KuCoin’s new cloud-mining platform is aiming to control 10% of Dogecoin mining capacity, while offering investors new opportunities to invest in hashrate.
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Four whales realized a cumulative $47.5 million profit on Hyperliquid, spurring price manipulation allegations related to XPL’s 200% rally.
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The “White Whale” increased his social media pressure campaign to $2.5 million after claiming that MEXC requested an in-person KYC verification in Malaysia.
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The millionaire leverage trader was liquidated on his latest DOGE position, as he predicted an end to the current market downturn.
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The trader claimed to have outperformed MEXC’s external market makers and been sidelined for being “too profitable.”
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Hyperliquid processed $319B in trades last month, accounting for the majority of DeFi perpetual futures volume as decentralized exchanges gain traction.
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The Indian crypto exchange announced a recovery program of up to 25% for ethical hackers who can help recover the stolen stablecoins.
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Taiwan-based exchange BitoPro confirmed an $11.5 million crypto exploit weeks after the breach, saying user funds and withdrawals were unaffected.
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Thailand’s SEC has ordered Bybit, 1000X, CoinEx, OKX and XT.COM blocked nationwide, citing unlicensed operation and money-laundering concerns.
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KuCoin CEO BC Wong told Coinpectra that some regulators might be using regulation to drive away global players and pave the way for domestic trading platforms.
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