Friday, April 26, 2024
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Okta Shares Plummet, Market Cap Down $2B Following Alarming Cybersecurity Breach

The recent incident is not the first security issue Okta has encountered. In the past, there have been several incidents involving Okta or its products. Okta Inc (NASDAQ: OKTA), a major provider of cybersecurity solutions for corporate enterprises, businesses, and government organizations, is currently grappling with the aftermath of a severe

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Funding Rates of Bitcoin Perpetual Futures Plummet Amid BTC Price Slide

"For BTC, option sellers were short too many put options, for more investors were previously bullish, selling put options to finance buying call options to reduce costs. So the sudden and unexpected price drop lead to hedging behavior, catalyzing deeper decline," Griffin Ardern, volatility trader from crypto asset management firm

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