Vitalik: DeFi must end auto-liquidations on BTC flash crashes
A $68K BTC wick triggered ~$400M in liquidations in an hour — Buterin's proposed fix targets the same reflexive cascade that punishes crowded longs first.
Ethereum is a decentralized, open-source blockchain platform designed to support smart contracts and decentralized applications without the control of any central authority. Often described as a programmable global computer, it allows developers to build a wide range of on-chain services, from financial protocols and NFT marketplaces to gaming platforms, using self-executing programs written primarily in Solidity. These smart contracts run on the Ethereum Virtual Machine, which is maintained by a global network of independent nodes. The native asset, Ether (ETH), functions as the network's currency. It is used to pay transaction fees, commonly referred to as gas, and must be staked by validators who propose and confirm blocks. In September 2022, Ethereum transitioned from Proof of Work to Proof of Stake through an event known as the Merge, reducing its energy consumption by more than 99 percent. An earlier upgrade, EIP-1559, introduced a fee-burning mechanism that can offset issuance during periods of high activity. Ethereum was proposed in 2013 by Vitalik Buterin, alongside several co-founders, and launched in July 2015. It belongs to the Smart Contract Platform and Layer 1 categories, and remains the largest ecosystem for decentralized application development.
A $68K BTC wick triggered ~$400M in liquidations in an hour — Buterin's proposed fix targets the same reflexive cascade that punishes crowded longs first.
The DeFi Education Fund, Solana Policy Institute and Uniswap Labs are now putting money behind candidates who back the Blockchain Regulatory Certainty Act — a provision stripped of its sanctions…
The Bankless co-founder's public reallocation cuts his ETH exposure to zero and concentrates 50% across four mid-cap tokens — a notable signal from one of Ethereum's most prominent retail-side…
The product targets the binding constraint in modern on-chain and CEX execution: physical distance to matching engines and validator sets, measured from probes in 14 cities across five continents.
A consortium of the three largest US card networks and Coinbase would compress years of separate stablecoin acquisitions into one shared settlement rail — the most concrete sign yet that Wall…
The bank keeps its $ETH year-end target and flags a structural ETH/BTC rotation thesis, even as spot prices stay heavy and the ratio trades near multi-year lows.
Nikhil Sharma, a senior figure at BlackRock, is making the case that tokenization fundamentally dismantles one of…
The bounce is shallow and the $60K level is the trip-wire: a break there likely cascades liquidations toward $54K, while BTC's record futures OI signals the bearish side hasn't crowded yet.
April logged breaches on 27 of 30 days and North Korea drained nearly $600M from Drift and Kelp — the executives on stage in Paris said the bridge problem alone is keeping institutional capital on…
Twelve straight days of BTC ETF outflows and a 16-day ETH streak signal persistent institutional de-risking, not a one-day repositioning.
The liquidation cascade is the headline, but the extreme-fear sentiment print and the persistence of spot BTC ETF outflows suggest the flush hasn't fully cleared the weak hands yet.
Garrett Jin moved 577,717 ETH into Binance between May 6 and May 10 at an average of $2,337, days before the token shed more than a fifth of its value.
Tom Lee's Bitmine is carrying $8.86 billion in unrealized losses on its Ethereum treasury, a staggering paper hit that…
The dollar number is loud, but the more telling signal is open interest climbing into the cascade — new shorts are opening on top of the long flush, and the market has not yet found a clearing level.
The 6.4% BTC drop and ETH breaking $1,900 came even as the MSCI ACWI set an all-time high — a decoupling that points to crypto-specific overhangs, not a broad risk-off move.
Tom Lee's Bitmine is sitting on an $8.9 billion unrealized loss on its 5,416,901 ETH position, currently valued at…
The framework spans six chains and gives banks intraday, weekend and holiday settlement — pushing card-network plumbing closer to an always-on model and turning stablecoins into routine settlement…
Bitcoin's 12% weekly drop is pulling ETH, SOL and XRP down with it, but USDT and USDC market shares are climbing to levels last seen in the January–February sell-off — a flight to dollar liquidity…
25,000 ETH ($47.98M) moved from BitGo to Bitmine in 10 hours — Lee's vehicle keeps accumulating while broader sentiment sours.
Tom Lee's Bitmine is staring down an $8.7 billion unrealized loss on its Ethereum position, a figure that underscores…
Ethereum is a global, open-source platform for decentralized applications.
Ethereum (ETH) launched on 2015-07-30.
Ethereum (ETH) is categorised as: Smart Contract Platform, Layer 1 (L1), Ethereum Ecosystem.
The official Ethereum site is https://www.ethereum.org/.
Most recent Ethereum coverage: "Vitalik: DeFi must end auto-liquidations on BTC flash crashes" — read at /en-US/a/vitalik-pushes-to-end-automatic-defi-liquidations-after.