Inside SK Hynix Flash Crash on Hyperliquid
An erroneous share trade on Korea’s Nextrade exchange fed bad price info into Hyperliquid’s third-party price oracle, liquidating 960 accounts in seconds. The xyz.SKHYNIX perpetual on Hyperliquid crashed around 20% almost instantly late on Monday night, dropping from $1,131…
Which one are you on?
The same brand runs a wallet-based blockchain venue with no identity checks and a federally licensed exchange requiring a government ID and a live selfie. They list different markets, settle differently, and answer to different law. Summary Polymarket operates two…
Crypto News Today (July 28): BTC Heading Toward $60K? NFL Calls for Stricter Regulation of Prediction Markets, and Securitize Wins SEC Adviser Status
In crypto news today (July 28), Bitcoin has dropped nearly -3% overnight, losing $65,000 and looking likely to retest $60,000 ahead of today’s FOMC meeting. Liquidations have picked up as a result, with over $600M in positions blown up since…
What is a perp DEX? The three architectures, compared
Every guide tells you a perp DEX is a decentralized exchange for perpetual futures. Almost none tells you that the label covers three incompatible designs, that who takes the other side of your trade differs completely between them, and that…
Bitcoin price falls below $64K ahead of Fed decision
Bitcoin traded near $63,490 on July 28 after falling below $64,000 during a broad risk-off move across Asian markets. Summary Bitcoin traded near $63,490, down 2.85%, as South Korea’s KOSPI triggered a circuit breaker Tuesday. $11.64 million left U.S. spot…
BlackRock Backs CLARITY Act as Tom Lee Predicts Programmable Money Revolution
Fundstrat’s Tom Lee believes the passage of the CLARITY Act in the United States will supercharge crypto. Bitmine chairman Tom Lee said on CNBC on Monday that crypto is recovering because it is being embraced outside the United States….
Upbit lists RLUSD in KRW, BTC and USDT markets
South Korean crypto exchange Upbit announced trading support for Ripple USD on July 28, adding RLUSD pairs against the Korean won, Summary Upbit added RLUSD trading against won, Bitcoin and Tether on July 28 in South Korea. Deposits and withdrawals…
$700 Million in Liquidations as BTC, ETH, XRP Plunge Ahead of FOMC
Roughly $80 billion left the space during the Tuesday morning crash. Bitcoin’s Monday rally that drove it to $65,600 on a couple of occasions has come to a screeching halt, as the asset has not only erased all gains…
AMINA Bank taps Cantor for potential public listing
Cantor Fitzgerald is advising Swiss digital asset lender AMINA Bank on a possible public listing as the Wall Street firm expands its role in crypto capital markets. Summary AMINA Bank is considering a public listing, although its valuation and preferred…
Strive Buys Another 79 BTC, Bringing total to 20,000
The publicly traded company announced its new treasury reserves тодаъ, making it the 7th largest corporate holder of BTC. Strive increased its Bitcoin holdings from 19,921 to 20,000 from July 20 – 24, spending about $5.2 million at an…
