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Nalezeno "Liquidation": 444

Incoming Squeeze? Bitcoin Shorts on Bitfinex Spike, BTC Long Positions Tap Fresh New Highs

12.7.2021
The entire market capitalization of all 10,800 cryptocurrencies in existence is down 2.8% on Monday as bitcoin has lost over 2.4% during the last 24 hours. Meanwhile, bitcoin shorts are rising again after bitcoin shorts tapped a two-year high on the derivatives exchange Bitfinex on June 25. Bitcoin...

8,000 BTC Belonging to Mirror Trading International Traced, Investors Urged to Lodge Claims

5.7.2021
A total of 8,000 bitcoins belonging to Mirror Trading International (MTI) have been traced while an additional 29,000 bitcoins could soon meet a similar fate. The traced coins, which are valued at over $280 million (4 billion rand), represent a potential breakthrough for beleaguered MTI investors....

South African Court Grants Final Liquidation Order Against the ‘Biggest Cryptocurrency Scam in 2020’

3.7.2021
A South African judge, Justice Alma de Wet, has ruled in favor of granting a final liquidation order against Mirror Trading International (MTI), the country’s biggest bitcoin scam in the past year. Nevertheless, the judge postponed a ruling on an application by MTI liquidators to have...

Co-Owner of Mirror Trading International Opposes Plans to Liquidate the Bitcoin Scam Outfit

18.6.2021
In the latest twist to the Mirror Trading International liquidation saga, Clynton Marks, a co-owner of the bitcoin Ponzi outfit, has opposed attempts to have a court grant a final liquidation order. Marks, who reportedly owned 50% of MTI, argues that the liquidation application...

B.Protocol announces v2 platform for DeFi liquidations

15.6.2021
B.Protocol says v2 will optimize liquidations of “big debt” with significantly smaller capital requirements on decentralized finance lending platforms

South African Court Submissions Expose Lies and Deceptive Tactics Used to Perpetuate MTI Bitcoin Ponzi Scheme

10.6.2021
New submissions by a South African regulator, the Financial Sector Conduct Authority (FSCA) and liquidators have exposed the web of lies and deceptive tactics that were used by Mirror Trading International (MTI) CEO Johann Steynberg and others to perpetuate the Ponzi scheme. Undeclared Losses...

Bitcoin Bull Mike Novogratz Insists ‘Crypto Revolution Has Happened’ Despite Falling Prices, liquidation

22.5.2021
Galaxy Digital CEO Mike Novogratz says that despite massive sell-offs across a broad range of cryptocurrencies, the story of crypto has not changed and “the crypto revolution has happened.” While viewing the current market as a “liquidation event” and a setback, Novogratz...

Here's how Bitcoin's intraday volatility complicates leverage trading

17.5.2021
Derivatives exchanges offer up to 100x leverage, but traders must consider how Bitcoin's intraday volatility increases their liquidation risk

MTI CEO and Wife Issued With Provisional Sequestration Order by South African High Court

27.4.2021
A South African High Court recently served Mirror Trading International (MTI)’s Johann and Nerina Steynberg with a provisional sequestration order. The court’s decision follows a successful court application by the five joint provisional liquidators of the now-defunct online bitcoin...

New altcoin era? Dogecoin liquidations briefly surpass Bitcoin

24.4.2021
Dogecoin liquidations briefly surpassed Bitcoin, indicating high demand for DOGE and the altcoin market

MakerDAO moves to expand collateral assets and upgrade liquidation engine

21.4.2021
The new liquidation engine has been designed to offer Maker’s users greater predictability and security

Bitcoin price drops to $52K, liquidating almost $10B

18.4.2021
Fears of regulatory moves come as a brief hash rate crash from a Chinese power blackout already begins to rebound

Retail traders become 'sitting ducks' as sell-off triggers $1.4B liquidation

7.4.2021
Retail traders have been using high leverage throughout the current bull market, but that's not the real reason for today's market-wide sell-off

South African Crypto Exchange Ceases Operations Less Than a Month After Suspending BTC Withdrawals

7.4.2021
A South African cryptocurrency exchange, Ice3x, announced on April 6, that it will permanently stop operations, less than a month after suspending bitcoin and litecoin withdrawals. Ice3x, which one of the oldest crypto exchange in that country, says it came to this decision after lawyers advised...

Nexo Sued for ‘Unlawful’ Liquidation of Clients’ Collateral XRP Amid SEC’s Ripple Lawsuit

6.4.2021
Crypto lending firm Nexo is facing a class-action lawsuit filed by an XRP investor for “unlawfully” suspending the use of the cryptocurrency as collateral without giving notice to clients and subsequently liquidating the tokens. This happened following the lawsuit filed by the U.S....