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Cryptocurrency Market Faces New Turmoil as sUSDe Positions Become Risky
Cryptocurrency Market Faces New Turmoil as sUSDe Positions Become Risky

In Brief A market crash affected cryptocurrencies, notably Bitcoin and altcoins, on October 10-11. Ethena's sUSDe lost its advantage due to negative yield differences. The ongoing negative yield could threaten $1 billion in DeFi leveraged positions.

Cointurk·2025/10/29 14:18
BNB News Update: Ondo's Transition to BNB Chain Expands 24/5 Worldwide Entry to U.S. Markets
BNB News Update: Ondo's Transition to BNB Chain Expands 24/5 Worldwide Entry to U.S. Markets

- Ondo Finance expands tokenized securities platform to BNB Chain, offering 100+ U.S. stocks/ETFs to global investors via Bitget Wallet. - Partnership enables 24/5 trading for non-U.S. users, bypassing traditional brokers through blockchain-backed real-world assets (RWAs). - Platform now holds $350M TVL, leading tokenized securities market growth as BNB Chain strengthens RWA ecosystem adoption. - Cross-chain compatibility with Ethereum/Solana enhances liquidity, while competition intensifies with rivals li

Bitget-RWA·2025/10/29 14:14
Hyperliquid News Today: DeFi Wallets Transform: Shifting from Simple Storage to Reliable Allies
Hyperliquid News Today: DeFi Wallets Transform: Shifting from Simple Storage to Reliable Allies

- DeFi wallets are evolving to automate risk management amid crypto's 24/7 volatility, driven by past crises like Terra UST's collapse. - Hyperion DeFi partners with Felix protocol to deploy 500,000 HYPE tokens for a custom perpetual futures market, boosting TVL and fee revenue. - Bitget Wallet integrates HyperEVM and deBridge to simplify cross-chain interactions, offering $HYPE rebates and reducing onboarding friction. - Risk Curator Protocols surged to $9.86B TVL by prioritizing stablecoin lending, refle

Bitget-RWA·2025/10/29 14:14
Investors Inject $17.9 Million into Mutuum’s Robust DeFi Platform Amid Decline in Traditional Markets
Investors Inject $17.9 Million into Mutuum’s Robust DeFi Platform Amid Decline in Traditional Markets

- Mutuum Finance (MUTM) secures $17.9M in presale with 17,400+ investors, nearing final phase before Q4 2025 testnet launch. - Project introduces DeFi lending protocol with mtTokens, liquidator bot, and ETH/USDT support, prioritizing security via CertiK audit and $50K bug bounty. - Community incentives include $500 daily leaderboard rewards and $100K presale giveaway, fostering transparency and early adopter engagement. - Roadmap includes stablecoin integration and Layer-2 scaling, positioning MUTM as a sc

Bitget-RWA·2025/10/29 14:14
Partisan gridlock leaves 42 million without aid as shutdown racks up $14 billion in losses
Partisan gridlock leaves 42 million without aid as shutdown racks up $14 billion in losses

- The 29-day U.S. government shutdown deepens as partisan divides over healthcare subsidies and funding priorities persist, despite moderate Democrats signaling openness to compromise. - SNAP and WIC program cuts affect 42 million Americans, with 25 states reducing food aid and 16%+ population reliance in states like Louisiana and Oregon. - Economic losses reach $14B, with CBO projecting 1.5-2.0% GDP growth reduction for six- to eight-week shutdowns, risking permanent economic damage. - Bipartisan efforts

Bitget-RWA·2025/10/29 14:14
Hyperliquid News Today: The Future of DeFi—Wallets That Operate Automatically Even When You're Asleep
Hyperliquid News Today: The Future of DeFi—Wallets That Operate Automatically Even When You're Asleep

- DeFi's growth demands smarter wallets to automate risk management amid volatile markets. - Hyperion-Felix and Bitget HyperEVM integrations expand DeFi's reach but highlight automation gaps. - Current wallets lack TradFi-like safeguards, risking losses during sudden price swings. - Embedded automations are crucial for DeFi's mainstream adoption, aligning with evolving regulatory and tech trends.

Bitget-RWA·2025/10/29 14:14
Crypto Market Pullback Deepens Amid ETF Inflows
Crypto Market Pullback Deepens Amid ETF Inflows

Crypto prices dip as traders go risk-off, but BTC and ETH ETFs see two days of inflows, signaling institutional interest.Negative Funding Rates Signal Shift in SentimentETF Inflows Hint at Institutional Confidence

Coinomedia·2025/10/29 14:12
BlockDAG Sparks Market Excitement After Leaked MOU Suggests Rapid Move Toward Tier-1 Exchanges
BlockDAG Sparks Market Excitement After Leaked MOU Suggests Rapid Move Toward Tier-1 Exchanges

Discover how leaked Coinbase and Kraken MOUs show BlockDAG’s rapid path to Tier-1 listings, making it the top crypto buy of 2025.A Rapid Climb Few Projects Have AchievedWhy BlockDAG’s Design Stands Out in the MarketHow a Leak Turned Into Market MomentumWhat Comes Next for BlockDAG

Coinomedia·2025/10/29 14:12
BlockDAG’s Global Momentum Builds Toward $600M as Uniswap and Aster Fight to Rebound
BlockDAG’s Global Momentum Builds Toward $600M as Uniswap and Aster Fight to Rebound

BlockDAG’s $435M presale races toward $600M ahead of Genesis Day, while Uniswap battles $6 support and Aster stabilizes near $1.18.Uniswap (UNI) Struggles to Defend $6Aster (ASTER) Consolidates for Its Next PhaseBlockDAG (BDAG): The Countdown to $600 MillionThe Takeaway: Three Paths, One Leader

Coinomedia·2025/10/29 14:12
Flash
09:35
Polymarket launches World Cup page and initiates feature testing
Jinse Finance reported that prediction market Polymarket disclosed platform update progress, mainly including: launching the World Cup page and starting function testing, launching perpetual contract functions (including five traditional finance trading pairs and BTC perpetual contracts), optimizing CLOB performance with a planned release next week to address queue congestion issues, SDK open-sourcing, unified API launch, and Gamma fixes and improvements (stricter key set pagination and high-traffic read path indexing, production correctness fixes for users, profiles, comments, and sports summaries).
09:33
A certain exchange takes you to see trending coins: HEI is gaining popularity, with a 24-hour increase of 182.13%
According to the trending rankings, HYPE is at the top, with HEI showing the largest increase. The trend rankings are as follows: ① HYPE ($66.49, 5.01%) ② ALLO ($0.2865, 8.40%) ③ XLM ($0.2473, 15.94%) ④ LAB ($6.87, 39.35%) ⑤ ETH ($2015.72, 0.03%). The main capital inflow strength for HEI is weak, with a net inflow of $14.5472 million over 24 hours and a 24-hour trading volume of $723 million, including a main net outflow of $18,700.
09:29
Kyle Samani: There is uncertainty regarding the implementation of Kalshi and US crypto perpetual contracts, with three potential outcomes
Jinse Finance reported that Kyle Samani, former co-founder of Multicoin Capital, posted an analysis on the X platform regarding the development of Kalshi and the US crypto perpetual contract market, outlining three possible scenarios:1. Kalshi's previous efforts become irrelevant: Because the US market itself can already offer unregulated perpetual contracts.2. Protocols must meet the eight decentralization tests of the CLARITY Act: If the CLARITY Act passes smoothly, protocols can offer perpetual contracts in the US without registering as a DCO (Designated Contract Organizer) and DCM (Designated Contract Market).3. Products can still attract users but cannot legally enter the US financial system: Even if users accept them, protocols may still be unable to distribute within a compliant framework.The analysis suggests that these potential outcomes highlight the complex relationship between current US derivatives regulation and decentralized protocols, as well as the uncertainty surrounding the legal and compliant launch of innovative financial products.
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