Paxos has proposed a fully compliant USDH stablecoin for the Hyperliquid ecosystem, with most of its yield funneled into HYPE token buybacks.
Decentralized Exchange News
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Mantle’s growing utility within the Bybit exchange’s ecosystem may inspire a new wave of convergence between the industry’s decentralized and centralized stakeholders.
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Tate is back in the Hyperliquid trenches, betting on the WLFI token despite his account nearing $700,000 in total losses.
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A flaw in Bunni’s custom liquidity logic allowed an attacker to drain about $2.4 million in stablecoins, prompting the platform to pause all contracts.
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Permissionless financial protocols will survive government and corporate efforts to impose traditional financial controls on DeFi.
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Four whales realized a cumulative $47.5 million profit on Hyperliquid, spurring price manipulation allegations related to XPL’s 200% rally.
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The “White Whale” increased his social media pressure campaign to $2.5 million after claiming that MEXC requested an in-person KYC verification in Malaysia.
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The millionaire leverage trader was liquidated on his latest DOGE position, as he predicted an end to the current market downturn.
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The whale locked in $33 million worth of profit from Ether long opened last week, after selling $2.6 billion worth of Bitcoin held for over seven years.
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The trader claimed to have outperformed MEXC’s external market makers and been sidelined for being “too profitable.”
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Crypto inclusion in 401(k) plans may be more significant for Bitcoin than the 2024 launch of US spot Bitcoin ETFs, according to Bitwise’s European head of research.
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Andrew Tate is back on the memecoin bandwagon but hasn’t nailed the trading game as his wallet approaches losses of $700,000 on Hyperliquid.
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A Bitcoin whale rotated another $113 million worth of Bitcoin into a $240 million spot Ether position after closing part of a previous Ether perpetual long worth almost $300 million.
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After making nearly $7 million in four months, the trader lost almost all their gains in two days, illustrating the unpredictability of the crypto markets.
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1inch co-founder Sergej Kunz told Cointelegraph that in two to three years, there may be a multichain DeFi stack that allows liquidity to flow freely between networks.
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