Tag: 8.2M, Arc, Lighter, Liquidation, Loses, Losses, Protocol, Whale
Whale Loses $8.2M in ARC Liquidation on Lighter as Protocol Contain Losses
A large crypto trader lost roughly $8.2 million after a leveraged bet on the ARC perpetuals market unraveled on the decentralized derivatives platform Lighter, forcing...
Circle Mulls Native Token for Arc Network As Q3 Profit Surges
Stablecoin issuer Circle, the company behind the USDC dollar-pegged stablecoin, is planning a native token for its ARC layer-1 blockchain testnet, an enterprise-focused...
South Korea’s BDACS to Launch KRW1 Stablecoin on Circle’s Arc Blockchain
South Korean crypto custodian BDACS plans to issue a won-backed stablecoin, “KRW1,” on Circle’s newly launched blockchain Arc. The Busan-based company signed a...
Circle Launches Arc Blockchain Testnet
Today in crypto, Circle’s new Arc blockchain testnet launched with participation from more than 100 institutions, including BlackRock, Goldman Sachs, Visa and...
Circle Launches Arc Testnet With BlackRock, Goldman, Visa, Mastercard
Circle, the world’s second-largest stablecoin issuer, launched the public testnet for Arc, its open layer-1 blockchain network built to bring global financial...
