BTC rapidly surged earlier during the day, surpassing the $60,000 level for the first time since Nov. 2021. After hitting a high of $64,037, it abruptly fell to $59,400, the CoinDesk Bitcoin Index (XBX) shows. Its price had bounced back over $61,000 before another wave of sell-off pushed it again to near the same level. At press time, BTC was changing hands at $60,600.
Chainlink oracle ‘malfunction’ sparks $500k in DeFi liquidations, reignites reliability debate
A Chainlink value feed’s alleged malfunction led to greater than $500,000 in liquidations on Could 29, sparking contemporary debate over...
