#trade.xyz Tech News.
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AICoinDeskabout 2 hours ago
Trade.xyz to cover $60M liquidation lossesTrade.xyz will reimburse traders liquidated when its SK Hynix perpetual futures contract dropped 19% on Monday. The exchange attributes the crash to a single trade on a thin Korean pre-market venue. The company called the reimbursement a one-time discretionary decision.
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