Crypto flash crash erases $108 billion in six minutes
August 22, 2026
The market’s worst six-minute drop since October 2025 hit over 281,000 leveraged traders as a week-long rally reversed.
The market’s worst six-minute drop since October 2025 hit over 281,000 leveraged traders as a week-long rally reversed.
Galaxy data shows fewer than 9% of Aave loans hold roughly half its debt, tied to a leveraged Ethereum staking trade a wrapper depeg could unwind.
The Nomura-backed firm is the first to register as a crypto exchange service provider in Japan in four years.
Ripple joins Clearpool and Cicada Partners to lend RLUSD to fintech firms, pending two XRP Ledger upgrades still in governance voting.
Ether surged 18% to $2,250 and bitcoin neared $70,000 as short liquidations topped $3 billion.
The Senate will vote to advance the crypto market structure bill as Galaxy Research cuts 2026 passage odds to 10 percent.
Two new exemptions would let crypto startups raise up to $75 million a year without full SEC registration.
A chain of six bugs let an attacker drain Maya Protocol’s vaults and crash CACAO before validators forced a network-wide halt.
A White House review now sits between CME’s Oct. 5 target and the first regulated market for GPU rental prices.