How an anonymous trader made $192M shorting one of the biggest crypto crashes
A single anonymous trader saw the crash coming and capitalized on it, earning $192 million in just a few hours. Source link
How One Trader Turned Panic Into $192M Profit
How an anonymous wallet profited from the crypto chaos An anonymous wallet (0xb317) on the Hyperliquid derivatives exchange reportedly earned a $192-million profit within just a few hours during a period of sharp market volatility. As Bitcoin (BTC) and Ether (ETH) prices fell sharply, many traders were hit with liquidations that erased more than $1…
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Binance’s CZ Clashes with Warren After Trump Pardon Comments
Binance co-founder Changpeng “CZ” Zhao fired back at US Senator Elizabeth Warren after she claimed he “pleaded guilty to a criminal money-laundering charge.” In a Friday X post, Zhao wrote that Warren “can’t get her facts right.” He added, “There were NO money laundering [charges].“ What Zhao pleaded guilty to was a single felony count…
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Crypto Spot Trading Rises 31% In Q3
Cryptocurrency spot trading on major centralized exchanges (CEXs) recovered during the past quarter, reversing the downward trend that began in early 2025. The total spot volume for the top 10 CEXs surged by 30.6% in the third quarter, netting $4.7 trillion, crypto analytics platform TokenInsight reported in its latest exchange analysis published Friday. The surge…
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CZ’s Pardon Does Not Equate To An Acquittal
Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association US President Donald Trump’s recent pardon of Binance co-founder Changpeng “CZ” Zhou has grabbed headlines. Some commentators hail the move as a way to “clear CZ’s record and allow him to return to the industry” — but this misses the point that a presidential…
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FET, Ocean Protocol Agree On $120M FET Token Return, To Avoid Lawsuit
The feud between Fetch.ai and Ocean Protocol Foundation may be drawing to a close as the two sides look to reach a middle ground without escalating into a full-blown legal battle. On Thursday, Fetch.ai said it would cancel all pending legal claims against the Ocean Protocol Foundation if the latter returned the 286 million Fetch.ai…
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Fetch.ai Seeks Truce With Ocean Protocol on FET Tokens Transfer
Update Oct. 24, 4:56 pm UTC: This article has been updated to include comments from an Ocean Protocol Foundation spokesperson. The feud between Fetch.ai and Ocean Protocol Foundation may be drawing to a close as the two sides look to reach a middle ground without escalating into a full-blown legal battle. On Thursday, Fetch.ai said…
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Bitcoin Only Needs 4% Dip for Worst ‘Uptober’ On Record
Key points: Bitcoin is on track for one of its worst October performances since 2013. Previous bull market years offered a minimum of 40% gains. The Federal Reserve may offer a last-minute reprieve at next week’s meeting. Bitcoin (BTC) “Uptober” hangs in the balance as price threatens to print the first “red” October since 2018.…
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Trump Helped ‘Crypto Criminal’ Binance’s CZ: Rep. Waters
United States Representative Maxine Waters strongly criticized US President Donald Trump for his decision to pardon Binance founder and former CEO Changpeng “CZ” Zhao. Trump pardoned Zhao on Thursday, saying people told him “what he did is not even a crime.” Waters, the top Democrat on the House Committee on Financial Services, hit back later…
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Energy Department Wants Faster Grid Hookups For High Energy Users
The US Secretary of Energy has urged the Federal Energy Regulatory Commission (FERC) to write new rules that will make it faster for large electricity consumers, such as AI data centers and Bitcoin mining operations, to directly connect to the power grid. In a letter released on Thursday, US Energy Secretary Chris Wright asked the…
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