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Mr. Block 🐡 ⚠️ (rock #58)
How to understand: HyperLiquid x Phantom Understanding: HyperLiquid x Phantom This is not just a collaboration, it is an alliance on the level of Robinhood x Citadel. Phantom is now like the Robinhood of Web3, with more than 15 million monthly active users, simple, easy to use, and visually beautiful; and @HyperliquidX is the super Citadel behind it - liquidity, matching, speed, and depth are all full. From now on, Phantom users can trade perpetual contracts with up to 40x leverage directly in the wallet interface without cross-chain or additional settings. This changes everything. $HYPE We used to think that wallets were just the entrance to Web3, but now you will find that the entrance is the strongest moat. If Phantom succeeds in this integration, the overall value will increase significantly, and HyperLiquid will be the biggest beneficiary of this wave of mass adoption. Because in the future, anyone who wants to build their own version of Robinhood can build it directly on HyperLiquid. Let HyperLiquid become the Citadel of the crypto world. Let everyone have their own trading platform. Let hundreds of millions of users transactions become a daily routine. We are witnessing the opening of a new chapter. 📈
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Special topic | ALL IN stablecoins, a major change in the global financial system
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Gate Launches GPUAI (GPUAI) and Launches HODLer Airdrop and Trading Competition
SlowMist Cosine: GMX-related fork projects need to avoid similar security risks as GMX v1
Odaily Planet Daily News: SlowMist founder Yu Xian posted on the X platform that GMX-related fork projects need to pay attention to similar security risks. He said that the fundamental reason why GMX was stolen for $42 million last night was that GMX v1 would immediately update the global short average price (globalShortAveragePrices) when processing short positions, and this global average price would directly affect the calculation of the total asset size (AUM), which in turn led to the manipulation of the GLP token price. The attacker took advantage of this design flaw to enable timelock.enableL when executing orders through Keeper.
8 hours ago
EU regulator reviews Malta’s MiCA licensing process
Odaily Planet Daily News: The European Securities and Markets Authority (ESMA) on Thursday published a review of the Malta Financial Services Authority (MFSA) Crypto Asset Service Provider (CASP) authorization process, which is the main regulator in Europe responsible for supervising the Crypto Asset Market Supervision (MiCA). Although the EU regulator stated that the Malta Financial Services Authority met certain expectations in terms of regulatory settings and staffing, the agency stated that Malta only partially met expectations in the authorization process for an unnamed CASP. (Cointelegraph)
8 hours ago
Glassnode: This BTC rally is different from the one in late June, as traders tend to go long
Odaily Planet Daily News Glassnode published an analysis on the X platform pointing out that after Bitcoin rose above $112,000, the shorts were punished again, but this time the BTC rise seemed different from the rebound in late June, when the open interest (OI) fell sharply, while the open interest increased in the latest round of rise, and traders are tending to go long.
9 hours ago
PENGU rose above 0.019 USDT, with a 24-hour increase of 33.25%.
Odaily Planet Daily News: Market data shows that PENGU rose above 0.019 USDT and is now trading at 0.01958 USDT, with a 24-hour increase of 33.25%.
12 hours ago
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