Aster is crushing it! 🚀 The new protocol captured $14.33M in fees in 24hrs – 2nd highest across all networks, beating Uniswap & Circle. Only Tether ($22.18M) earned more. 🤯 Nearly 10x Hyperliquid's fees! (via DeFiLlama)
#crypto #blockchain #news
NYC Mayor Eric Adams paused his re-election campaign, citing funding issues & media scrutiny. A crypto advocate—he's taken pay in Bitcoin & pushed for looser regulations—Adams faces hurdles raising capital. (The Block) #NYC #crypto #politics
#blockchain #news #BTC #Bitcoin
Hyperdrive has fully restored operations & completed reimbursements after a recent security incident. The attack, impacting Primary & Treasury USDT0 markets, exploited a vulnerability in user collateral & was linked to a known threat actor. ~$700k loss. Investigation continues. #security #DeFi
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Over $773M in crypto tokens unlock next 7 days! 🚀 SUI, ENA, EIGEN, OP, IMX & more face significant releases. SOL, TRUMP, DOGE, AVAX also have unlocks >$1M/day. Data via Tokenomist & Wu Blockchain. #crypto #unlocks
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US economy: Inflation persists (core PCE met expectations), but growth surprised to the upside (Q2 GDP). Consumer confidence is down. Watch for non-farm payrolls & BoJ minutes.
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UK’s largest Bitcoin money laundering case (60,000 BTC) begins Sept 29 at Southwark Crown Court. Qian Zhimin accused of laundering funds linked to a $600M fraud. Allegedly used assistant to cash out BTC & buy luxury properties. 12-week trial expected. #Bitcoin #AML
#crypto #blockchain #news #BTC
Hypurr NFTs are fully distributed! 🎉 All 4,600 tokens from the Hyper Foundation collection are now with recipients of the Nov '24 Hyperliquid Genesis event. Allocation: 4,313 attendees, 144 Hyper Foundation, 143 contributors. No action needed! #HyperEVM #NFT
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New analysis from @agintender reveals the surprisingly stable 0.01% funding rate in perpetual contracts isn’t random! It’s maintained by exchange base rates & arbitrage traders, not market fluctuations. The report breaks down the formula & impact on trading during bull/bear markets. 🧵
#crypto #blockchain #news
Delin Holdings Group will buy 5,195 Bitcoin mining machines for ~$41.07M, aiming for 210M TH/s hash rate in 3 years. Purchases include 2,200 machines for $21.85M & 2,995 via Bitmain subsidiary for ~$19.22M.
#crypto #blockchain #news #BTC #Bitcoin
BitMEX Alpha: XBTUSD funding rates have shifted from volatile to “institutional-grade” stability (2016-2025). 2024 ETF & Ethena inflows compressed volatility, reducing high funding rate opportunities. Backtesting shows up to 873% annualized arbitrage yields still possible with efficient strategies!
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