A yield-focused DeFi protocol, PiggyBank, has acknowledged a major trading error involving LAB tokens that could push down net asset values across several user vaults, underscoring how quickly thin liquidity and derivatives funding dynamics can turn a hedged position into a balance-sheet problem. The disclosure landed as broader crypto markets remained under pressure, with Bitcoin (BTC) and Ethereum (ETH) posting their steepest weekly drops since the aftermath of the FTX collapse.
PiggyBank said it bought roughly $100,000 worth of LAB tokens via an over-the-counter channel at a discounted… Read more
XRP price dipped 3% last week. It now trades in the $1.30 to $1.40 range. That is frustrating for holders.But something else is happening around
Banks Pitch Tokenized Deposits as CBDC Alternative The post JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins appeared
Gold and silver have shed a combined trillion dollars in market value from their January peaks, with gold trading near $4,331 per ounce and silver
The semiconductor sector’s sharp decline signals potential volatility and reevaluation of AI-driven growth expectations amid rising interest rates. The post PHLX Semiconductor Index plunges 10%,
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