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South Korea's KOSPI index fell 10.56% this week, marking the largest weekly decline since March 2020.

2 hours ago

Per Bitget market data as of March 6, the South Korean KOSPI index posted a 10.56% weekly drop—its largest since March 2020.
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Binance: December 2025 Flow Security Incident Fully Resolved, Affected Users Fully Compensated

March 6 (Official) — Binance has issued a statement on the December 2025 Flow Network security incident. On December 27, 2025, an external attacker exploited a security vulnerability in the Flow Network. Binance collaborated with the Flow Foundation to quickly contain the incident’s impact, conduct a full investigation, and take steps to secure user assets. Binance and the Flow Foundation have fully resolved all issues tied to the December 2025 incident. All affected users have been fully protected and received full compensation. As of now, FLOW token deposits and withdrawals on Binance are fully restored. The Flow Network is operating normally with no ongoing impact, and FLOW’s listing status on Binance is back to normal.

5 minutes ago

South Korea ETF Closing Plunge to $125.7, Hyperliquid Premium on the Futures Contract has surpassed 4.4% during the trading halt

March 6 – Per HyperInsight data, the iShares South Korea ETF (EWY) closed down 6.42% today at $125.74. Meanwhile, during the U.S. stock market’s closure, cash:EWY on the Hyperliquid platform continued to rebound, currently trading at $131.1 — a premium of over 4.4% to the ETF’s closing price. Less than one hour remains until U.S. stock pre-market trading starts. Typically, elevated contract premiums gradually converge to spot prices once the market opens.

5 minutes ago

Former BOJ Official: BOJ April Rate Hike Probability Still About 50%

**March 6th** Former Bank of Japan (BOJ) monetary policy official Eiji Maeda said Wednesday that despite new uncertainty from the Iran conflict, the BOJ still has roughly a 50% chance to raise interest rates next month—after holding rates steady in March. Maeda noted the next rate hike is likely in April or June, with those two timelines carrying roughly equal odds now, calling the situation “extremely difficult” for the central bank. He added an April hike would be more prudent given the growing risk of falling behind inflation, a view aligned with market expectations: Overnight index swaps (OIS) point to a ~60% consensus probability of an April rate increase. Maeda warned that if the BOJ doesn’t act in April, the yen could weaken further. A break below 160 against the U.S. dollar would raise the risk of the central bank lagging market trends, he said. Even at current levels, the yen is “quite weak,” and a slight pullback would be more comfortable for Japanese businesses an

5 minutes ago

Hyperliquid Surpasses $1 Billion in Total Revenue

March 6th, DefiLlama data shows Hyperliquid’s total revenue has exceeded $1 billion, hitting $1.027 billion. February’s revenue stood at $62.06 million, a 9.8% month-over-month decline, with an average daily revenue of roughly $2.21 million that month.

5 minutes ago

On-chain BTC Long Position Liquidated for $10.27M, Marking the Largest Single Liquidation in the Past 24 Hours

March 6th — Per HyperInsight monitoring, a whale address starting with 0x1bf had its BTC long position liquidated in the past 2 hours as the price dropped to $70,151. The liquidation totaled 146 BTC, equivalent to roughly $10.27 million, making it the largest single liquidation across the entire network in the past 24 hours. As of now, the address still holds a 40x-leveraged BTC long position: the position size is about $41.6 million, the average entry price is $71,440, and the next liquidation price is $69,997 — roughly 1.4% away from being triggered. Last night, the address closed its $32.5 million BTC short position at an average price of $72,300 to lock in profits. After BTC then fell below $72,000, it flipped to open a long position, at one point pushing the position size to $52 million — becoming the largest BTC long on Hyperliquid. The sequence of short → long → liquidation all unfolded in less than 24 hours. (Links retained: 5 minutes ago

If Bitcoin breaks $72,000, the mainstream CEX cumulative short liquidation intensity will reach 643 million.

Per Coinglass data as of March 6th: - If Bitcoin rallies above $72k, total liquidation pressure on mainstream CEX short positions could hit $643M. - Conversely, if BTC drops below $70k, total liquidation pressure on mainstream CEX long positions could reach $229M. BlockBeats Note: The liquidation chart does not show exact contract counts or values for positions at risk of liquidation. Instead, bars reflect the relative importance of each liquidation cluster vs. nearby clusters—what we call “liquidation strength.” This means the chart indicates how impactful a move to a specific price level could be: A taller bar signals a more intense market reaction at that price, driven by a liquidity cascade.

5 minutes ago