Trader loses $3M as leveraged Fartcoin position unwinds on Hyperliquid
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Hyperliquid data showed a 145 million Fartcoin position unwound across wallets, with the platform redistributing about $849,000 in gains to opposing traders.
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Hyperliquid data showed a 145 million Fartcoin position unwound across wallets, with the platform redistributing about $849,000 in gains to opposing traders.
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The decision closes a legal battle spanning more than a year, after Dunamu moved to overturn the sanction and halt its enforcement.
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The Financial Services Commission said inconsistent exemption rules created loopholes that allowed funds to move quickly with minimal account history.
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The draft proposal from South Koreaβs ruling party reportedly bars stablecoin interest and calls for technical standards to ensure interoperability across blockchain networks.
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Binance said it will roll out a spot trading rule on April 14, restricting executions outside a set range during periods of volatility and thin liquidity.