Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide

No summary was published for this item.
This is the summary CoinDesk publishes in its feed. The full article lives on their site.

No summary was published for this item.
This is the summary CoinDesk publishes in its feed. The full article lives on their site.
Asian equities tumbled on Thursday, with South Korea's Kospi losing 8% and Japan's Nikkei 225 declining 5% during morning trading.
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies.
VanEck initially filed an S-1 registration statement for the exchange-traded fund in October last year.
The proposed fund would have held stETH directly and offered brokerage-account exposure to Lido’s liquid-staking token. Its registration never became effective.