Crypto market observers are focusing on the VenusProtocol this week as the protocol grapples with a possible liquidation of BNB.
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Venus Protocol faces liquidation on $150 million BNB loan as team takes preemptive actionThe BNB Chain team intends to take over the vulnerable BNB position on Venus Protocol to minimize market impact and stabilize the situation.
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Open Interest in Binance's BNB Token Futures Jumps to 5-Month HighOpen interest or the number of active $BNB futures contracts have jumped to 1.57 million BNB or $360 million. Reports godbole17.
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Binance Coin (BNB) Dumps to 6-Month Low, Bitcoin (BTC) Fails at $26K (Market Watch)BNB took another hit in the past 24 hours that brought it south to just over $220.
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$205 Million in BNB Will Be Liquidated Should This Happen$205 million in $BNB faces liquidation depending on the coming BNB price move, but there is good news. PeckShieldAlert
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Binance Removes 10 BNB Trading PairsBinance removes numerous trading pairs amid regulatory crisis that raises questions among investors
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