China’s DeepSeek sparks AI market rout, dragging BTC down 6% Nasdaq futures down 2.6% and hitting tech giants Nvidia (-8.5%), Tesla, and Meta (-2%). - Reuters

@BlockLensOrg

Over 313,000 traders were liquidated in the last 24 hours, totaling $850M; 93.4% in longs, with the largest being a $98.46M BTC position on HTX. - 𝕏/@macbenson01

@BlockLensOrg

JUST IN: Over $787 billion was wiped out from the US #stock market today.

JUST IN: #NVIDIA $NVDA loses nearly $600 billion in market cap, marking the largest single-day loss in #US history.


@BlockLensOrg

#Cryptocurrency exchange #KuCoin pleaded guilty in Manhattan federal court Monday and agreed to pay nearly $300 million to settle allegations it operated as an unlicensed money-transmitting business in the U.S. 

As part of the settlement, #KuCoin has agreed to exit from the U.S. market for the next two years.