The Taiwanese celebrity closed his position at a $4.5 million loss as Hyperliquid’s market share continued to lose ground to other decentralized exchanges. Taiwanese music celebrity and high-profile digital asset investor Jeffrey Huang, also known as “Machi Big Brother,” sold all his Hyperliquid holdings at a multimillion-dollar loss amid mounting concerns over the token’s upcoming vesting schedule. The celebrity and popular Bored Ape Yacht Club collector sold $25.8 million worth of Hyperliquid (HYPE) tokens, realizing a total loss of $4.45 million after weeks of holding, according to blockchain data shared by pseudonymous analyst MLM in a Tuesday X post. The account has also forfeited more than $19 million in unrealized profit over the past week. Read more
After several years of record demand, Romania’s residential market entered 2025 in a cooling phase, marked by increasingly cautious buyer sentiment.
Top blockchains in 2025, based on active users, range from DeFi stars to gaming chains. Growth notwithstanding, these blockchains are facing stiff competition. Blockchain growth in 2025 hinges on real usage and tech upgrades, not speculation or hype. Active users, measured by wallet addresses, are the key metric. DeFi, NFT ecosystems and stablecoin adoption are driving millions of new users. Read more
Hackers breached UXLink’s multisignature wallet to steal about $30 million in assets and mint 10 trillion UXLINK tokens, but later got nabbed in a phishing scam. AI-powered Web3 social platform and infrastructure UXLink saw its crypto token collapse by over 90% after a malicious actor minted billions of unauthorized tokens. On Tuesday, the project announced that it had identified a breach involving its multisignature wallet. The company said a significant amount of crypto was being illicitly transferred to centralized and decentralized exchanges (DEXs). UXLink said it had reached out to exchanges to freeze suspicious deposits and reported the incident to law enforcement. In another update, the company confirmed some of the funds had been frozen with the help of exchanges. Read more
Fnality raised $136 million in a round led by Bank of America, Citi and WisdomTree to expand its blockchain settlement network. London-based blockchain payments company Fnality secured $136 million in a Series C funding round backed by some of the world’s largest financial institutions. Bank of America, Citi, KBC Group, Temasek, Tradeweb and WisdomTree led the round, joined by returning investors including Goldman Sachs, Santander, Barclays and UBS, according to a Tuesday announcement by the company. “The closing of our Series C reflects a shared conviction that the future of money demands a new foundation,” Fnality CEO Michelle Neal said. She added that the company’s blockchain-based settlement systems offer “24/7 payment rails, real-time settlement, and enhanced liquidity.” Read more