Hyperliquid, an on-chain perpetual futures venue, sent most of the forced selling in the worst minute of the October 2025 crypto crash to the Hyperliquid backstop rather than its public order book, according to a new research preprint.
About $641 million...
Bitcoin Magazine
BitBox Warns Bitcoiners After Discovering ‘Severe’ Vulnerability In Firmware
Bitcoin wallet manufacturer BitBox has told users it was able to fix “severe vulnerabilities” with its hardware wallet’s firmware, and reassured users that no funds were taken. Yet it still...
For over two months, bitcoin has struggled below $70,000, hovering around $62,000 to $65,000. Still, experts believe that the broader macro market condition is moving in favor of the apex crypto.
Crypto exchange Bitfinex stated in its latest edition of...
Solana treasury company SOLAI Limited (formerly BIT Mining) said shareholders approved a capital reset that leaves it with 100 billion authorized Class A ordinary shares after a 700-for-1 consolidation. The vote came nearly a month after the New York...
Curve Finance founder Michael Egorov has taken a swipe at Solana-based Pump.fun and criticized the platform’s role in the meme coin market.
His comments add to the scrutiny Pump.fun has faced as it has grown into one of the biggest...
Under its current plan, the proposed Vulcan financing totals $39.4 million and would redeem $33.1 million in senior notes due Oct. 31. Its Aug. 14 quarterly filing said the company would use the financing for that redemption. However, as...
Bitcoin Magazine
Losses Top $115M In Coldcard Bitcoin Hack: Galaxy Research
New data from Galaxy Research shows that $115 million in bitcoin has been lost in the Coldcard theft.
Writing on X Sunday, Galaxy Research said that it had spoken with over...
Bitcoin Magazine
Jane Street Reveals Nearly $1B Bitcoin Position
Quantitative trading firm and liquidity provider Jane Street has a nearly $1 billion bitcoin position — or 15,394 BTC at today’s prices.
But the position is not held in the form of digital...
South Korea’s Seoul Southern District Court has sentenced Delio CEO Jeong Sang-ho to 15 years in prison after finding him guilty of fraud involving nearly 70 billion Korean won ($49.2 million) in customer crypto assets. The 11th Criminal Division,...
Greenlane Holdings is a Nasdaq-listed company holding about 81.3 million BERA and BERA-equivalent units. Its token treasury ended the second quarter valued at about 77% below cost. A stayed Nasdaq rule could eventually expose the company to a $5...