Liquid Network resumes block production after $320M exploit
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Crypto.com's Cronos Halts Entire Blockchain After $75M Tectonic Exploit
Some $6 million reached Ethereum before validators froze the chain, stranding the rest on a network that still is not producing blocks.
In the past hour, nearly $6 million in SPCX contract liquidations occurred across the entire network, exceeding the figures for BTC and ETH during the same period.
According to Mars Finance, on July 7th, Coinglass data showed that nearly $6 million in SPCX futures contracts were liquidated across the entire network in the past hour, including $4.24 million in SPCX trading pairs and $1.6 million in XYZ:SPCX trading pairs. It's worth noting that while US tech stocks experienced a "Black Tuesday," the Bitcoin and crypto markets remained relatively stable, with only $4.86 million in BTC liquidations and $4.35 million in ETH liquidations during the same period.
Data: In the past 24 hours, approximately $554 million in positions were liquidated across the entire network, with short positions accounting for approximately $390 million.
According to Foresight News , CoinAnk data shows that approximately $554 million in positions were liquidated across the entire network in the past 24 hours, with long positions accounting for approximately $164 million and short positions for approximately $390 million. Of this, Ethereum liquidations totaled approximately $219 million and Bitcoin liquidations totaled approximately $122 million.
In the past hour, $165 million in positions were liquidated across the entire network, with $104 million in ETH liquidations.
According to data from Coinglass, as reported by Odaily Odaily, $165 million in positions were liquidated across the entire network in the past hour. This included $138 million in short positions and $27.22 million in long positions. In addition, Ethereum liquidations reached $104 million and Bitcoin liquidations reached $50.2 million.
Blockstream rejects ransom as Liquid hackers hold nearly 600 BTC
Blockstream said it would work with law enforcement, exchanges and forensic specialists to recover the Bitcoin if the hackers do not return it.
Liquid ‘white hats’ return $270M in Bitcoin as network prepares restart
The actors returned 85% of the Bitcoin withdrawn from Liquid’s federation wallet following the security incident.