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Telegram CEO Pavel Durov Criticizes French Arrest One Year Later
Telegram CEO Pavel Durov Criticizes French Arrest One Year Later

Pavel Durov marked his arrest anniversary by criticizing French authorities for finding no evidence after one year. The Telegram founder faces ongoing travel restrictions without trial date.

BeInCrypto·2025/08/24 18:15
Arthur Hayes Predicts Bull Cycle Until 2028: Watch US Stablecoin
Arthur Hayes Predicts Bull Cycle Until 2028: Watch US Stablecoin

Former BitMEX CEO Arthur Hayes forecasts the crypto bull market will extend until 2028, driven by US government efforts to redirect global dollar flows through stablecoins for enhanced fiscal control.

BeInCrypto·2025/08/24 17:30
Bitcoin Drops Under $113K As Post-Fed Rally Quickly Unwinds
Bitcoin Drops Under $113K As Post-Fed Rally Quickly Unwinds

Jerome Powell’s Jackson Hole tone shift lifted crypto sentiment, with Ethereum outperforming Bitcoin despite ETF outflows. This week, traders await August PCE inflation data and Fed guidance to gauge market direction before September’s FOMC meeting.

BeInCrypto·2025/08/24 17:00
$3 Billion-Anchorage Digital Launches Venture Arm to Back Early Onchain Protocols
$3 Billion-Anchorage Digital Launches Venture Arm to Back Early Onchain Protocols

Anchorage Digital, the $3 billion crypto unicorn, is launching a venture investing arm focused on early-stage onchain protocols. Applications are open with demo day planned at Token2049 Singapore in October 2025.

Coinspeaker·2025/08/24 16:00
Flash
  • 03:56
    Report: Outdated algorithm caused an additional $650 million loss on the Hyperliquid platform
    Jinse Finance reported that it has been two months since the crypto market crash on October 10, during which $1.9 billion in positions were liquidated. Gauntlet CEO Tarun Chitra pointed out that the common Auto-Deleveraging (ADL) mechanism led to large-scale losses on Hyperliquid. In a lengthy article, Chitra stated that over $650 million was automatically deleveraged from profitable traders' positions. He noted that this amount is 28 times the potential bad debt faced by the relevant exchanges. This "massacre of innocents" could allegedly have been avoided with new ADL algorithms, which are detailed in a 95-page report. Chitra defines Auto-Deleveraging (ADL) as an "ultimate backstop"—a mechanism that compensates for bad debt from insolvent positions by "cutting the position value" of profitable traders. This "queue algorithm," which has been in use for a decade, is currently widely adopted by several perpetual contract platforms, including a certain exchange, Hyperliquid, and Lighter.
  • 03:56
    A bullish whale has opened a new SEI long position worth $825,000, after making a $150,000 profit from the previous BTC short position.
    According to ChainCatcher, hyperbot data shows that the "Ironhead Bulls" whale opened a new SEI long position at 11:23. After multiple rounds of increasing the position, the current holding has reached 6,000,395 SEI, equivalent to approximately $825,000, and is currently at a slight loss. At present, this whale only holds the SEI long position. This whale's previous SUI long position ended 8 hours ago, lasting 19.5 hours and earning a profit of $26,800. The previous ETH long position ended 6 hours ago, lasting 1 hour and 10 minutes, with a loss of $43,000. The whale also closed a BTC short position 1 hour ago, making a profit of $150,000. The account's total profit in the past week is about $820,000, but there is an unrealized loss of $200,000 over the past month.
  • 03:56
    Ondo Finance: The platform's stock token liquidity comes from Nasdaq and NYSE, not AMM pools, enabling near-zero slippage for large trades.
    ChainCatcher news, Ondo Finance officially posted on X that the liquidity source for its stock tokenization platform comes from the stock market, mainly from Nasdaq and the New York Stock Exchange, rather than AMM pools. This ensures that there is almost no slippage when executing large-scale trades. Each stock token is fully backed by custodial shares, adopting a reserve model similar to stablecoins.
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