Blockchain
Trader Loses Millions Amid Bitcoin Drop
TL;DR A trader on HyperLiquid turned an unrealized $10 million profit into a $2.5 million loss after a Bitcoin drop. AguilaTrades opened a long Bitcoin position near $106,000,…
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Cryptocurrency
Ripple and the SEC Move Closer to a Settlement to End Their Long-Running Legal Dispute
TL;DR Ripple and the SEC are seeking to close their legal dispute with a settlement that includes a final $50 million fine and the…
Blockchain
DTCC Explores Integrating Stablecoins to Modernize Digital Asset Settlement
TL;DR The DTCC is considering integrating stablecoins into its settlement processes to speed up operations and reduce risks in digital asset transactions. Ethereum stands…
Companies
Flare Chooses BitGo as Institutional Custodian for FLR and SGB
TL;DR Flare appointed BitGo as the institutional custodian for FLR and SGB. Adding a regulated and secure option to manage these tokens. The integration…
Chainlink News
Chainlink Surpasses Ethereum in Development and Establishes Itself as a Key Player in Tokenized Finance
TL;DR Chainlink leads development activity on GitHub, overtaking Ethereum, driven by its role in tokenized asset applications. Its protocol facilitated a transaction between a…
Cryptocurrency
Polygon Redefines Its Strategy and Appoints Sandeep Nailwal as CEO of Its Foundation
TL;DR Sandeep Nailwal takes over as CEO of the Polygon Foundation to restore operational agility and tackle the growing fragmentation among Layer-2 solutions. Polygon…