Tag: Crypto

Bitcoin Drop Sparks $700M Liquidation Wave As Leverage Gets Flushed

TL;DR Bitcoin’s slide toward the low-$62,000 area triggered more than $700 million in crypto liquidations over 24 hours. The wipeout shows how crowded leverage can turn a normal pullback into a market-wide reset. Traders are now watching whether the flush clears excess risk or opens the door to a...
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Ethereum Foundation lays off 20% of workforce in major restructuring

Ethereum Foundation has cut roughly 20% of its workforce, eliminating 54 positions as part of a sweeping organizational overhaul tied to its long-term development strategy. According to the Ethereum Foundation, the workforce reduction concludes a months-long restructuring process carried out…...
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