Hyperliquid said there had been no exploit or hack of the protocol, but its liquidation engine could not handle the size of the position.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
An initial tranche of whitelisted assets will be offered for 0.2 BTC, with the remaining tokens sold in a Dutch auction.
StarkWare also outlined three further developments as plans for the Starknet Layer 2 to unify Bitcoin and Ethereum escalate.
On Monday, with over two-thirds of validators participating, Holesky gained finality at Epoch 119090, which took place at around 3 p.m. ET.
The total amount of transaction fees generated on the Solana network last week stood at just 53,800 SOL.
The network, which plans to launch in Q2, will enable rapid transactions with flat gas fees, but will not support smart contracts or a native token.
In a last-minute bid, the trader sent 2,000 ETH to lower the liquidation price, buying himself additional breathing room.
Ava Labs’ bid to bring the automated market maker Balancer onto Avalanche appears set to go through, according to a vote snapshot on Monday.
Sacks also said it's possible the federal government could explore lending or staking on the cryptocurrencies it does own.
A business dispute between the partners grew into a criminal case, Yescoin noted, but it will continue to operate normally.
The SIMD-228 proposal seeks to reduce overall SOL inflation compared to the current fixed schedule while maintaining security on Solana.
Jito's Andrew Thurman proposes using protocol fees to potentially pay for JTO token buybacks that have been "bartered" with other DAOs.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The omni-chain solution, which counts Brevan Howard and Hamilton Lane as early partners, is live on several chains.
Ethereum core devs will spin up a “shadow testnet” to prevent delaying research into the Pectra hard fork, after a mishap on Holesky.
JPMorgan sees less than a 50% chance of a U.S. strategic crypto reserve gaining approval, citing congressional hurdles.
Stakers will initially earn rewards in RED, with future potential for other assets like ETH, BTC, SOL and USDC.
Solana co-founder Anatoly Yakovenko says a U.S. crypto strategic reserve would undermine decentralization, calling for no reserve at all.
Blockchain scaling solutions have undergone continuous evolution in recent years. For some time, the prevailing view was that the two most viable paths to mass adoption were modular and monolithic architectures. In a modular approach, scaling would rely on rollups and data availability layers built around a single settlement layer. Alternatively, a monolithic design would […]
The move comes amid a series of proposals part of Aave’s “GHO cross-chain strategy" aimed at driving the stablecoin's adoption.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The launch is accompanied by a new “points” campaign, which will provide alternative ways to earn yield or future rewards.
Developers appear to have identified the issue and have rolled out a fix — as the network is once again processing full blocks.
"If you're a seed stage founder working in crypto, fintech or enterprise AI, come talk to us," said Rodolfo Gonzalez.
This follows an earlier activation on the Holesky testnet on Feb. 24, marking the second phase of testnet rollouts for the Pectra upgrade.
Despite the current downturn, Pump.fun's overall impact since its January 2024 launch remains remarkable.
Paradigm led Across Protocol's token round, with participation from Bain Capital Crypto, Coinbase Ventures and others.
After focusing on AI and transitioning from Ethereum mining post-Merge, CoreWeave saw its annual revenue surge to $1.9 billion.
Framework Ventures led Infrared's Series A round, with participation from NGC Ventures, Selini Capital and others.