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Reserve evidence, liquidity, liabilities, bankruptcy and liquidation.
Image: crypto.newsTrade.xyz Announces Coverage for SK Hynix Liquidation Losses After Mark Price Anomaly
Trade.xyz has stated it will cover eligible liquidation losses resulting from a sudden mark price drop in SK Hynix perpetual contracts, following a pre-market trade that caused an 18.7% decline. The eligibility criteria and compensation details are still pending, and the information is not officially confirmed. The incident was reportedly triggered by a single anomalous trade in South Korea’s NextTrade pre-market, with Trade.xyz planning to strengthen its controls for external price events.
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Reserves & solvency
crypto.newsTrade.xyz Announces Coverage for SK Hynix Liquidation Losses After Mark Price Anomaly
Trade.xyz has stated it will cover eligible liquidation losses resulting from a sudden mark price drop in SK Hynix perpetual contracts, following a pre-market trade that caused an 18.7% decline. The eligibility criteria and compensation details are still pending, and the information is not officially confirmed. The incident was reportedly triggered by a single anomalous trade in South Korea’s NextTrade pre-market, with Trade.xyz planning to strengthen its controls for external price events.
Fanatics Inc.Fanatics agrees to acquire a CFTC-registered exchange and clearinghouse
Fanatics agreed to acquire Water Street Labs, a CFTC-registered designated contract market, and CX Clearinghouse from BGC to operate federally regulated prediction-market infrastructure.