After a whirlwind of trading activity on Papertrade, the newly launched perpetuals decentralized exchange (DEX) built on Hyperliquid, the platform’s open interest has collapsed by 93.7% over the past 24 hours. The project’s total value locked (TVL) has also taken a substantial hit, shedding $48 million over the same period.
Crypto
The same wallet later lost $450,000 when 30 short positions were liquidated on Saturday night after staying open for more than three hours.
Crypto
Michael Burry says Fannie Mae and Freddie Mac shares point to zero and warns common holders face 90% dilution. The post Michael Burry Takes Aim at Another Trump-Era Trade appeared first on BeInCrypto.
Crypto
The defendant pleaded guilty on 28 September, ten days before sentencing, to conspiracy to commit fraud and transferring criminal property.
Crypto
DWF Labs affiliates have taken cryptocurrency custodian Bitgo to London’s High Court, demanding $141 million over allegedly premature sales of discounted tokens. The plaintiffs claim Bitgo violated contractual lock-up restrictions by movin…