News Explorer — Perpetual DEX Market Sees Rising Popularity, Hyperliquid Maintains Dominance With $13.1 Billion Open Interest

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Oct 1, 3:29 pm

Blockworks

Perpetual DEX Market Sees Rising Popularity, Hyperliquid Maintains Dominance With $13.1 Billion Open Interest

The perpetual DEX market is gaining popularity, with tokens like ASTER and APEX seeing increased volumes due to farming activity. Hyperliquid, despite facing competition, maintains dominance with over $13.1 billion in open interest.

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Oct 1, 9:23 pm

Decrypt

Crypto Brand Doodles Lands on Froot Loops Box After McDonald's, Adidas Collabs

Doodles collaborated with Froot Loops to sell 500 custom boxes for $50 each, featuring a digital collectible NFT minted... Read Summary

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Oct 1, 8:40 pm

Decrypt

Will the UK Government Keep the $7 Billion in Stolen Bitcoin It Has Seized?

The U.K. government is looking to retain the $7 billion in Bitcoin seized from a Chinese investment fraud, with civil re... Read Summary

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Oct 1, 7:30 pm

Coindesk

Travis Hill, Nominated for FDIC Chair, Challenges Debanking Trend in Crypto Industry Under Trump Administration

Travis Hill, nominated by President Trump for the FDIC chairmanship, has been instrumental in challenging the debanking... Read Summary

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Oct 1, 8:06 pm

Decrypt

Strategy Stock Rises as IRS Clarifies No Need to Include Bitcoin Gains for Tax Calculations

Strategy, the largest corporate holder of Bitcoin, no longer expects a multi-billion tax liability due to a clarificatio... Read Summary

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Oct 1, 7:57 pm

Decrypt

Polymarket Prediction Market Eyeing Imminent Return to US

Polymarket, a cryptocurrency-based prediction market on the Polygon network, is set to reopen to U.S. users after acquir... Read Summary

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Oct 1, 7:35 pm

Decrypt

Zcash Price Pumps to 3-Year High After Backing From Investor Naval Ravikant

Zcash has surged to a three-year high, with a 107% gain in the past week, standing at over $121. Market observers highlight its safety and role as insurance against Bitcoin and CBDCs. Read Summary

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Oct 1, 7:03 pm

Decrypt

'Addicted' Solana Weed Farming Game Token Blazes a Trail Up the Charts

Addicted, a Solana-powered cannabis farming simulator, has seen its WEED token market capitalization peak at $82.48 mill... Read Summary

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Oct 1, 6:23 pm

Decrypt

Bitcoin, Ethereum, Dogecoin Swiped in $21M SBI Hack, Says Sleuth

A blockchain expert labeled $21 million in outflows from Japan-based SBI Crypto as "stolen," involving Bitcoin, Ethereum... Read Summary

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Oct 1, 4:53 pm

Blockworks

Lava Debuts Bitcoin Lending Program Amid $17.5 Million Raise

Lava has secured $17.5 million in funding and launched a lending platform offering USD yields on overcollateralized bitc... Read Summary

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Oct 1, 4:17 pm

Coindesk

Stablecoin Giant Circle Brings Tokenized US Treasury Fund to Solana

Circle introduced its tokenized U.S. Treasury fund offering to Solana, expanding beyond Ethereum, Near, Base, and Canton... Read Summary

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Oct 1, 4:38 pm

Coindesk

Bullish Opens Spot Crypto Trading in US, Starting With 20 States

Bullish has launched spot trading in the U.S. after obtaining licenses from NYDFS, with trading live in 20 states. The p... Read Summary

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Oct 1, 3:58 pm

Blockworks

New Leaders Appointed by Ethereum Foundation to Oversee Privacy Projects, Tools

The Ethereum Foundation has appointed new leaders for its Privacy Research Cluster to coordinate work on cryptographic t... Read Summary

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Oct 1, 3:50 pm

Decrypt

VisionSys AI's Shares Plunge 40% as It Chases $2 Billion Solana Treasury With Marinade Finance

VisionSys AI's shares plummeted 40% to $2.05 following news of plans to establish a $2 billion Solana treasury. The comp... Read Summary

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Oct 1, 2:54 pm

Coindesk

OpenSea Transitions to a Web3 Hub, Introducing SEA Token and Expanding Beyond NFTs

OpenSea, once a leader in NFTs, is rebranding to become a Web3 hub for trading various assets, including tokens and DeFi... Read Summary

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Oct 1, 3:36 pm

Coindesk

Fusaka Upgrade, With PeerDAS Feature, Will Reduce Costs for Institutions Using Ethereum After Holesky Test Network Closure

The Fusaka hard fork, following Ethereum's Pectra upgrade, aims to reduce costs for institutions by introducing features... Read Summary

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