Headlines

Hyperliquid’s Pre-IPO SpaceX Contract Suffers 45% Flash Crash, Liquidating $1.5 Million

A synthetic crypto contract linked to SpaceX’s private market valuation collapsed nearly 45% in roughly 30 minutes on Thursday, wiping out more than $1.5 million and forcibly closing hundreds of leveraged positions on the decentralized derivatives platform Hyperliquid. The episode drew swift attention from traders and analysts, raising fresh questions about the risks of speculative…

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Microsoft under fire for threatening security researcher with criminal investigation

After a security researcher published a series of unpatched bugs in Microsoft products, along with code to exploit them, the company is now threatening to take legal action and call the cops on them. Microsoft’s veiled threat reignites a long-running argument over what responsibility, if any, security researchers have to disclose vulnerabilities affecting large and…

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Coinbase Opens Global Crypto Derivatives to US Traders

Key Takeaways Coinbase became the first U.S.-regulated FCM offering global crypto derivatives access. CFTC staff action supports Coinbase’s regulated route to global crypto options and perpetual futures liquidity. Deribit’s more than $31 billion in bitcoin options open interest highlights the scale of the market Coinbase is targeting. Coinbase Opens Regulated Access to Global Crypto Derivatives…

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