Exchanges News

Paradex BTC glitch prompts mass liquidations and Starknet rollback

Paradex, a Starknet-based DEX, briefly priced Bitcoin at $0 due to a pricing glitch, triggering mass liquidations. The team will roll back the appchain to the pre-maintenance state, claiming user funds are safe. The incident, whose exact impact (number of traders or total liquidations) wasn’t disclosed, has sparked debate over blockchain finality and emergency reversals, with comparisons to similar rollback debates at Berachain and Flow.