Day: October 13, 2025

Hyperliquid Now Allows Builders to Deploy Perpetual Futures

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Decentralized exchange Hyperliquid has introduced an update that enables third parties to independently launch their own perpetual swap contracts on the platform. Hyperliquid Improvement Proposal 3 (HIP-3) comes into force on Monday, according to the official Hyperliquid Discord channel. This change introduces permissionless, builder-deployed perpetual futures contracts, marking a major step toward fully decentralized perpetual futures listings. HIP-3’s implementation on the decentralized exchange (DEX) allows anyone staking 500,000 HYPE ($20.5 million at the time of writing) to deploy their own perpetual swap contract with independent margining, orderbooks and parameters. Deployers…

Ripple Teams Up with Immunefi to Boost XRPL Lending Protocol

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Ripple collaborates with Immunefi to engage security experts globally for the XRPL Lending Protocol. Ripple and Immunefi have announced a strategic collaboration to boost the security of the XRP Ledger (XRPL) Lending Protocol, in a broader push to position it as an institutional-grade settlement layer. The partnership was unveiled on October 13 and introduces an “Attackathon” designed to stress-test the proposed XRPL Lending Protocol ahead of its expected validator vote later this year. Through this initiative, top-tier Web3 security researchers from around the world are invited to identify vulnerabilities…

Crypto Fundraising Hits Weekly All-Time High

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Crypto fundraising reached an all-time high last week, with a record $3.5 billion raised across 28 funding rounds.  Cryptorank data showed on Monday that weekly fundraising reached its highest point from Oct. 6 to Sunday, surpassing all previous peaks, including the nearly $3 billion raised July 28 to Aug. 3. The surge came after seven consecutive weeks of sub-$1 billion fundraising activity, marking a sharp resurgence in investor confidence. Over the last six months, weekly fundraising fluctuated from $150 million to $2.9 billion, underscoring the volatility of venture activity in…

CME Group launches Solana and XRP futures options

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Key Takeaways CME Group launched CFTC-regulated options on Solana and XRP futures, expanding its crypto derivatives offerings. These physically settled contracts enable institutional traders to manage risks more effectively. Share this article CME Group, the world’s leading derivatives marketplace, has launched CFTC-regulated options on Solana and XRP futures, expanding institutional access to crypto derivatives trading. The new products provide physically settled contracts that enhance risk management tools for institutional traders. Solana, a blockchain network focused on high-speed transactions, joins XRP, a cryptocurrency tied to cross-border payments, as the latest digital…

Was It Leverage, China Tariffs or Both?

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A combination of factors converged into a perfect storm on Friday, triggering the cryptocurrency industry’s largest liquidation event in history and briefly sending Bitcoin (BTC) below $110,000. The $19 billion in liquidations doesn’t mean investors lost that sum of money, but rather that leveraged positions were forcibly closed. The unrealized loss can be better observed through the drop in market capitalization, which shows a $450-billion wipeout. From Friday to Sunday, the total cryptocurrency market capitalization fell from $4.24 trillion to $3.79 trillion. At the time of writing, the market has…

XRP Rises to $2.60, Paring Most Losses From Flash Crash: Is the Worst Over?

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Key takeaways: XRP rebounded 66% from $2.58 lows, adding $75 billion to its market cap amid a 35% volume surge and strong long positions. Oversold weekly Stoch RSI signals a potential bullish reversal. The XRP price must overcome resistance at $2.70-$2.96 before the next leg up. XRP (XRP) dipped below the $2 mark on Friday, hitting a 10-month low of $1.58 on Bitstamp after US President Donald Trump’s announcement of 100% tariffs on Chinese imports sent shockwaves across the crypto market. XRP price has, however, recovered most of its losses.…

Tom Lee’s BitMine surpasses 50% of its goal to hold 5% of the Ethereum supply

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Key Takeaways BitMine now controls more than 2.5% of Ethereum’s total supply, surpassing half its target to own 5%. BitMine is the world’s largest ETH treasury, holding over 3 million ETH, and ranks second among global crypto treasuries. Share this article BitMine Immersion Technologies, the world’s largest Ethereum treasury company led by Thomas “Tom” Lee, said Monday it has reached over 50% of its target to control 5% of the Ethereum supply. The firm reported adding 202,037 ETH last week, lifting its total holdings to over 3 million ETH, while…

XRP Reclaims Market Momentum With $30 Billion In Fresh Inflows, A Rally Underway?

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BNB Hits Record High As Traders Blame Binance For Crypto Market Crash

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Binance’s ecosystem token BNB reached a new all-time high on Monday, outperforming the wider cryptocurrency market, which is still recovering from $19 billion in liquidations over the weekend. The BNB (BNB) token rose to a new all-time high of $1,370 on Monday, according to CoinMarketCap data, rebounding strongly after a weekend crash that triggered the forced liquidations across exchanges. The rally came despite heavy criticism from Binance users who blamed the exchange for contributing to the market chaos after technical glitches left traders unable to exit positions. BNB/USD, seven-day chart.…

Bitmine Immersion acquires over $830M worth of Ethereum

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Key Takeaways Bitmine Immersion, a US-based public company, acquired 202,037 Ethereum last week. This purchase is part of a pattern where the company is building ETH reserves as treasury assets. Share this article Bitmine Immersion, a US-based publicly traded company, acquired 202,037 ETH worth over $830 million last week as part of its ongoing strategy to build crypto reserves. The purchase continues Bitmine Immersion’s pattern of accumulating Ethereum as a treasury asset, reflecting a broader corporate trend toward viewing digital assets as reserve holdings. Ethereum has gained traction among institutional…