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Hyperliquid Denies Insider Trading Allegations as $1 Billion HYPE Burn Vote Approaches
- Hyperliquid Labs clarified that a wallet accused of shorting HYPE belonged to an ex-employee fired in Q1 2024, underscoring a zero-tolerance trading policy.
- Validators must vote by December 24 on whether to recognize $1 billion (37 million HYPE) in the Assistance Fund as permanently burned, potentially removing over 13% of supply.
- The governance vote aims to enhance tokenomics transparency and supply clarity, supporting Hyperliquid's $35 billion valuation without major exchange listings.
Gate App Unveils Comprehensive Upgrade: Redefining Product Recognition through International Visual Design and Brand Experience
In the context of the continuous evolution of the crypto industry and increasingly diverse scene demands, the role of trading platforms is undergoing profound changes — from a single trading entry point to a comprehensive hub for asset management, on-chain life, and ecosystem connectivity. Based on this trend, the global leading digital asset platform Gate
Nearly 50% of all XRP Supply is Now in Loss as Price Settles Under $2
- Nearly 50% of XRP supply sits at a loss as price remains below $2.00.
- Top 1% holders reduce supply slightly, signaling cautious whale distribution.
- XRP trades near $1.92; breaking $2.00 is critical to reverse the downtrend.
VET Holders: What to Do After VeChain’s Hayabusa Upgrade
- VeChain’s Hayabusa upgrade changes how staking works and gives VET holders real influence over the network
- VTHO inflation is reduced by ~50%, shifting rewards toward active participants
- To benefit, VET holders must actively stake via Stargate using VeWorld
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THORWallet Announces Upcoming Launch of Its Next-Generation Card Program
THORWallet is preparing to launch their own card program designed to offer greater flexibility, transparency, and global accessibility for crypto users. The upcoming THORWallet Card represents a significant evolution of the platform’s card infrastructure, enabling faster activation, simplified and free top-ups, and expanded card functionality. The new program introduces both physical and virtual cards with
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Audiera (BEAT) 5,000% Surge Faces Questions After Bitlight’s Sharp Decline
- Audiera BEAT surged over 5,000% since November debut, hitting $4.17 all-time high.
- The rally defies broader crypto downturn as Bitcoin and Ethereum posted losses.
- Bitlight’s 75% crash raises volatility fears for fast-rising tokens.
Chinese Crypto Twitter Reads Santa Rally as a Litmus Test for 2026
- Phyrex argues Santa Rally is a risk-appetite barometer, setting the emotional foundation for next year's asset pricing.
- Structural tailwinds align: tax-loss harvesting ends, year-end bonuses flow in, and thin holiday liquidity amplifies modest bids.
- A failed rally signals high-rate pressure has overpowered holiday sentiment, clouding the outlook heading into Q1 2026.
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San Francisco Blackout Reveals Crypto’s Dependence on Power Infrastructure
- Massive power outage in San Francisco cut off 130,000 electricity customers and crypto users despite blockchains operating globally.
- Major exchanges use backup power systems and redundant data centers to guarantee continuous crypto trading during outages.
- The blackout revealed crypto's reliance on electricity and internet, showing decentralization cannot replace infrastructure.
Wirex Announces Winners of the 2025 Rising Women in Crypto Awards, Celebrating Excellence and Leadership in Web3
Wirex, a global leader in digital finance and Web3 innovation, has announced the winners of the 2025 Rising Women in Crypto Awards, recognizing exceptional women whose leadership, innovation, and influence are shaping the future of the global crypto and Web3 ecosystem. Following an extensive nomination process, this year’s winners were determined through a combination of
