PANews reported, citing The Block, that Coinbase Clearing LLC received approval from the US CFTC to register as a derivatives clearing organization, which may cover the clearing of certain fully collateralized futures, options, and swaps.
Coinbase said that CFTC has approved Coinbase Clearing LLC registering as a derivatives clearing organization, supporting USDC collateralized and 24/ settlement.
Records from a Telegram liquidation-monitoring channel show that Binance's ZECUSDT at a price of 1699 experienced an approximately 196600 USD short liquidation.