Crypto liquidations reach $470M as Bitcoin retraces, altcoins surge

    Bitcoin retreated after failing to break the $100,000 milestone on Nov. 24, causing one of the largest weekend crypto liquidation events in more than half a year. Over $470 million worth of crypto positions were liquidated over the last 24 hours. Long and short liquidations comprised $352.6 million and $119.9 million, respectively, with altcoins accounting…

    Ether price faces correction before rally to $20K in 2025 — Analysts

    The Ether price could see an imminent correction in the coming weeks before it resumes a sustainable rally to new highs. Ether rose over 33% during the past month to trade above $3,368 as of 10:23 am  UTC on Nov. 23, Cointelegraph data shows. Despite gaining ground, the world’s second-largest cryptocurrency could be poised for…

    Bitcoin ETFs see $2.4B inflows as China ETFs hit record outflows

    Spot Bitcoin exchange-traded funds (ETFs) saw their fourth-best week of investments, while China-based ETFs suffered their biggest week of outflows in history, flashing another positive sign for global Bitcoin adoption. United States-based spot Bitcoin ETFs recorded a cumulative $2.42 billion worth of inflows during the trading week of Nov. 18–22, marking their fourth-largest week since…

    Hash-based zero-knowledge tech can quantum-proof Ethereum — XinXin Fan

    Dr. XinXin Fan, the head of cryptography at IoTeX, recently co-authored a research paper titled Enabling a Smooth Migration Towards Post-Quantum Security for Ethereum. The research paper received a Best Paper award from the 2024 International Conference for Blockchain and argued that hash-based zero-knowledge technology is the most user-friendly way to quantum-proof the Ethereum network and other…

    South Korea’s Delio declared bankrupt with $1.75B in assets lost

    South Korean virtual asset deposit platform Delio was declared bankrupt by a court in Seoul on Nov. 22, according to multiple local press reports. Delio, which owes customers 245 billion won ($1.75 billion), halted withdrawals last year. Some hope of making customers whole Delio will begin liquidation proceedings. Customers can make claims through Feb. 21,…

    BNB Chain’s RWA ecosystem gets official provider with new collaboration

    Brickken, a tokenization platform, has partnered with BNB Chain to enrich its real-world assets ecosystem. Digitizing real-world assets such as real estate and financial instruments like equities and commodities on the blockchain allows for increased liquidity, transparency and broader market access. Tokenization is a process that unlocks a wider range of assets for investors while providing businesses…