Hyperliquid Trader Suffers $24M Loss in 12‑Second Ether Liquidation
TL;DR Massive Loss: The Hyperliquid Trader lost nearly $24 million as a long‑held ether short was liquidated in 12 seconds. Rapid Liquidation: Forced sales across five
Latest news from: Carrillo J.M.
Carrillo J.M.
Carrillo J.M, is a seasoned writer with over six years of experience, is a passionate advocate for blockchain and cryptocurrencies. He is convinced that these technologies will play a significant role in our future. Currently, José dedicates his time to producing news stories and conducting in-depth analyses of various crypto projects, as well as performing technical analyses of different cryptocurrencies
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CLARITY Act Faces Setback Risk, Gallego Warns, With September Vote Approaching
TL;DR Negotiations: Gallego warns that rushing the CLARITY Act before ethics and stablecoin issues are resolved could delay the bill. White House Pressure: Trump and advisers
Nethermind Ends LayerZero Verifier Role After Review, Moves to Chainlink
TL;DR Cross-chain shift: Nethermind is leaving its LayerZero verifier role and migrating operations to Chainlink after an extensive review. Security context: the protocol’s move follows months
Cantor Connects 3,000 Institutional Clients to Kalshi Prediction Markets
TL;DR Institutional Access: Cantor is giving 3,000 clients regulated block trading access to Kalshi’s event contracts. Liquidity Support: Susquehanna will provide institutional‑scale pricing and liquidity for
Bitfinex Says Profit‑Taking Is Becoming Exhausted as Bitcoin Keeps Hitting Resistance
TL;DR ETF flows: Spot ETFs added $486.8 million as Bitfinex says renewed demand helped lift BTC. Profit exhaustion: Bitfinex highlights that spending cohorts have almost no
Ethena Adds FalconX’s $1B Facility to Boost USDe Backing
TL;DR Institutional credit shift: Ethena partnered with FalconX on a $1B secured lending facility to deploy USDe backing assets into institutional credit. Return diversification: The structure
Centrifuge Adds Symbiotic Liquidity to $1.6B in Tokenized Funds
TL;DR Liquidity expansion: Centrifuge added Symbiotic’s Liquid Lane to three major tokenized funds for immediate USDC access. Institutional growth: Janus Henderson’s JAAA and JTRSY have driven
Ripple’s $275M Raise Fuels U.S. Prime Brokerage Push
TL;DR Funding Boost: The company completed a $275 million senior note offering through Ripple Prime to expand U.S. clearing, financing, and prime brokerage services. Prime Brokerage
Bitcoin ETFs Pull In $189M for August’s $1B Run, While Bitwise Scores a $16.15M Single‑Day Gain
TL;DR August Rebound: Bitcoin ETFs added $189.3M on Tuesday, extending a two‑day surge that pushed August inflows close to $1B after recovering from last week’s $250M
MAYAChain Halts After $1.7M Exploit and 89% CACAO Crash
TL;DR Exploit details: An attacker used six chained bugs to steal $1.7 million and trigger major liquidity issues across MAYAChain. Pool manipulation: Miscalculated compensation inflated an
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