Crypto Markets & On-Chain Ecosystem Developments (Page 1573)

Trader Machi Big Brother Turns $100K Into $9.5M on Hyperliquid in Two Days, Nears 100x Return

According to ChainCatcher, trader Machi Big Brother grew his Hyperliquid perpetual futures account from approximately $100,000 to roughly $9.5 million in just two days, achieving a near 100-fold return and generating approximately $9 million in profit. Last week, Machi Big Brother liquidated his

HYPE+0.33%

ETH-1.23%

GateNews·08-22 03:11

Trader Machi Big Brother Turns $100K Into $9.5M on Hyperliquid in Two Days, Nears 100x Return

Blockchain Association Warns Modifying Clarity Act Will Lead to Legislative Failure; Senate Should Pass on September 15

Regulation & Policy

According to Blockchain Association CEO Summer Mersinger on August 22, reopening negotiations on the Clarity Act just weeks before the Senate votes on September 15 will jeopardize the legislation. Mersinger said the American Bankers Association's proposed changes—replacing current standards with

GateNews·08-22 03:05

Blockchain Association Warns Modifying Clarity Act Will Lead to Legislative Failure; Senate Should Pass on September 15

Hyperliquid Unlocks 9.92M HYPE Tokens Worth $800M on August 29

Token Events

According to RootData data, Hyperliquid (HYPE) will unlock approximately 9.92 million tokens worth roughly $800 million on August 29 at 7 a.m. Beijing time.

HYPE+0.24%

GateNews·08-22 03:03

Hyperliquid Unlocks 9.92M HYPE Tokens Worth $800M on August 29

Jiang Zhuoer 90% Confident Bear Market Has Ended, Expects ETH to Outperform BTC

Price Prediction

According to Odaily, Jiang Zhuoer, founder of Litbit Mining Pool, stated recently he is 90% confident the bear market has ended and expects ETH to outperform BTC in the upcoming bull cycle. Jiang revealed he sold ETH at $1,738–$1,931 earlier but bought back at $2,100 stop-loss, then sold 50% of

ETH-1.26%

BTC-0.67%

GateNews·08-22 03:01

Jiang Zhuoer 90% Confident Bear Market Has Ended, Expects ETH to Outperform BTC

Loracle.hl Faces $70M Loss on HYPE Short Position, Liquidation Risk at $101.15

Derivatives Data

Gate News message, loracle.hl(@loraclexyz) has recorded losses exceeding $70 million on $HYPE over the past three months. The trader currently holds a short position of 685,744 $HYPE valued at $54.88 million. This position faces liquidation if $HYPE price reaches $101.15. The trading activity is

HYPE+0.33%

GateNews·08-22 02:54

Loracle.hl Faces $70M Loss on HYPE Short Position, Liquidation Risk at $101.15

STRC Fails to Recover to Par Despite Bitcoin Rally, Citing Low Dividend Yield

Stocks

Price Volatility

According to Tushar Jain, co-founder of Multicoin Capital, Strategy's perpetual preferred stock STRC has failed to recover to par value despite Bitcoin's significant rally on August 22, citing dividend yield that is too low. STRC, initially positioned as a fixed-income product, has experienced

STRC-0.40%

BTC-0.67%

GateNews·08-22 02:34

STRC Fails to Recover to Par Despite Bitcoin Rally, Citing Low Dividend Yield

Solana (SOL) Breaks $95, Up 6.4% in 24 Hours

Price Volatility

According to ChainCatcher, SOL/USDT hit $95.03 today, based on Gate's market data. The cryptocurrency gained 6.4% over the past 24 hours.

SOL-0.77%

GateNews·08-22 02:32

Solana (SOL) Breaks $95, Up 6.4% in 24 Hours

LayerZero to Discontinue Off-Chain Support for 15 Low-Activity Chains in 30 Days

Project Progress

According to LayerZero's announcement on X, the protocol will discontinue off-chain support for 15 low-activity chains over the next 30 days. The affected networks are EDU Chain, Meter, Shimmer, Cyber, Silicon, Sophon, Bitlayer, DFK Chain, Arbitrum Nova, DOS Chain, Cronos zkEVM, Degen, Skale

ZRO-2.59%

EDU-3.44%

CYBER-5.40%

SOPH-3.83%

BTR+1.43%

GateNews·08-22 02:01

LayerZero to Discontinue Off-Chain Support for 15 Low-Activity Chains in 30 Days

ZEC Breaks $785 to Hit All-Time High, Up 36% in 24 Hours

Price Volatility

According to HTX, Zcash (ZEC) broke through $785 to mark an all-time high on August 22, with 24-hour gains exceeding 36%. The token last traded at $782.5.

ZEC+1.16%

GateNews·08-22 02:01

ZEC Breaks $785 to Hit All-Time High, Up 36% in 24 Hours

SEC's Proposed Regulation Crypto Assets May Benefit ETH, SOL, BNB via $5M-$75M Issuance Exemptions

Regulation & Policy

According to Grayscale research head Zach Pandl on August 19, the SEC's proposed Regulation Crypto Assets rule may increase on-chain token issuance and benefit ETH, SOL, and BNB. The proposal establishes two issuance exemptions: qualified issuers may raise up to $5

ETH-1.26%

SOL-0.77%

BNB-0.76%

GateNews·08-22 02:00

SEC's Proposed Regulation Crypto Assets May Benefit ETH, SOL, BNB via $5M-$75M Issuance Exemptions

Besu Discloses Five Security Flaws Fixed in v26.7.1 on July 27, Thanks CertiK for Responsible Disclosure

Security Incidents

According to Besu's security advisory, the company disclosed five security flaws discovered by CertiK, with fixes released in version 26.7.1 on July 27. Technical details were made public on August 14. The flaws involved block announcement handling, future block height consensus proposal caching,

GateNews·08-22 02:00

Crypto Markets & On-Chain Ecosystem Developments

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Trader Machi Big Brother Turns $100K Into $9.5M on Hyperliquid in Two Days, Nears 100x Return

Blockchain Association Warns Modifying Clarity Act Will Lead to Legislative Failure; Senate Should Pass on September 15

Hyperliquid Unlocks 9.92M HYPE Tokens Worth $800M on August 29

Jiang Zhuoer 90% Confident Bear Market Has Ended, Expects ETH to Outperform BTC

Loracle.hl Faces $70M Loss on HYPE Short Position, Liquidation Risk at $101.15

STRC Fails to Recover to Par Despite Bitcoin Rally, Citing Low Dividend Yield

Solana (SOL) Breaks $95, Up 6.4% in 24 Hours

LayerZero to Discontinue Off-Chain Support for 15 Low-Activity Chains in 30 Days

ZEC Breaks $785 to Hit All-Time High, Up 36% in 24 Hours

SEC's Proposed Regulation Crypto Assets May Benefit ETH, SOL, BNB via $5M-$75M Issuance Exemptions

Besu Discloses Five Security Flaws Fixed in v26.7.1 on July 27, Thanks CertiK for Responsible Disclosure