Skip to main content

Tag: News

Lido Finance launches ‘stVaults’ on mainnet, shifting to modular staking infrastructure

Lido Finance has officially launched stVaults on the Ethereum mainnet, marking a strategic shift from a monolithic product to modular staking infrastructure. The new framework enables developers and institutions to create bespoke staking environments with customizable node operators and fee structures. Early adopters and launch partners include Nansen, Linea, and institutional operators like Chorus One and Everstake. Following the...

Breaking, News

Continue reading

xAI Opens Crypto Expert Role Amid .25 Trillion SpaceX Merger

xAI Opens Crypto Expert Role Amid $1.25 Trillion SpaceX Merger

xAI has posted a job listing for a crypto finance expert to train its AI models on quantitative finance, on-chain analysis, and market microstructure. The hiring comes as xAI completes its merger with SpaceX, creating a combined company valued at approximately $1.25 trillion ahead of a potential IPO. The integration seeks to build space-based data centers, potentially reducing costs for AI compute through orbital...

AI, Cryptocurrencies, Front page, News

Continue reading

Hyperliquid moves into prediction markets with HIP-4 ‘Outcome Trading’

Hyperliquid is introducing “Outcome Trading” through the HIP-4 upgrade, which is currently active on the protocol’s testnet. The new primitive supports fully collateralized contracts for prediction markets and bounded options without the need for leverage or the risk of liquidations. Markets will be denominated in the native USDH stablecoin and utilize the HyperCore engine for high-performance settlement. Hyperliquid, the...

Breaking, News

Continue reading

Nomura Scales Back Crypto Exposure After Q3 Losses Hit Laser Digital

Nomura Scales Back Crypto Exposure After Q3 Losses Hit Laser Digital

Nomura Holdings has tightened risk management and reduced crypto positions after unspecified losses at its Laser Digital unit in Q3 FY2025. The adjustments contributed to a 9.7% year-over-year decline in net income to ¥91.6 billion, with European operations posting a ¥10.6 billion loss. Despite the cutbacks, Nomura’s CFO affirmed the firm’s ongoing dedication to digital assets and plans for medium- to long-term...

Bitcoin, Cryptocurrencies, Front page, News

Continue reading

Massive 0M ETH Liquidation Sparks .5B Crypto Wipeout as Prices Plunge

Massive $250M ETH Liquidation Sparks $2.5B Crypto Wipeout as Prices Plunge

Total crypto liquidations exceeded $2.5 billion in the past 24 hours, with Ethereum accounting for $1.14 billion and Bitcoin for $765 million. The ‘Hyperunit whale,’ associated with former BitForex CEO Garrett Jin, closed out a leveraged ETH position on Hyperliquid, realizing a $250 million loss and leaving the account with just $53. BitMine Immersion Technologies is facing over $6 billion in unrealized losses on its...

Cryptocurrencies, Ethereum, Front page, News

Continue reading

© Cryptopress. All rights reserved.