Author: Crypto Editor

The xyz.SKHYNIX perpetual on Hyperliquid crashed around 20% almost instantly late on Monday night, dropping from $1,131 to as low as $900, completely decoupling from pricing elsewhere on crypto exchanges. On-chain data indicates that the entire cascade stems from a single share trade placed from Seoul. How One Bad Price Caused a Liquidation Cascade It appears that during the pre-market window before trading opened on the South Korean Nextrade exchange, there was an order to sell stock for major chip manufacturer SK Hynix placed 30% below the previous closing price. This order may have been placed by accident. With thin…

Small companies are suing the Trump administration over newly enacted tariffs underneath Part 301 of the Commerce Act. These challenges goal duties of 10 % or 12.5 % on items from greater than 60 international locations, reviews Axios. The tariffs took impact after short-term Part 122 measures lapsed final week and intention to deal with issues over compelled labor in provide chains. One criticism, introduced by the Liberty Justice Middle on behalf of spice importer Burlap & Barrel and watch retailer Collective Horology, claims officers set charges prematurely and later crafted justifications for particular economies. One other swimsuit includes toymaker…

Alvin Lang Jul 28, 2026 11:43 Core Scientific (NASDAQ: CORZ) posts $164M income in Q2 2026, a 42% QoQ bounce. Report internet lack of $1.15B pushed by warrant revaluation. Core Scientific, Inc. (NASDAQ: CORZ) launched its monetary outcomes for Q2 2026, reporting $164.2 million in whole income, a 42% improve from Q1 2026. The corporate additionally introduced a staggering $1.15 billion internet loss for the quarter, primarily attributed to the revaluation of warrants, which surged following a rise in its inventory worth. This locations the corporate’s adjusted EBITDA at $41.1 million, a considerable enchancment from $8.9 million within the prior…

AIW3 is a Web3 Agent-as-a-Service (AaaS) platform combining on-chain information analytics with AI-powered buying and selling, letting customers construct, backtest, and deploy buying and selling methods, handle vaults, and take part in prediction markets from one interface on Solana and BNB Chain. The AIW3 Genesis Airdrop snapshot is confirmed for July 28, 2026, with token era and claiming following on August 3. 24 Hours Left.The AIW3 Genesis Airdrop Snapshot is sort of right here.⏰ Snapshot: July 28, 2026There’s nonetheless time to maximise your Factors earlier than the snapshot.Do not forget to:• Full your remaining duties• Earn extra AIW3 Factors• Bind…

Morning Minute is a every day publication written by Tyler Warner. The evaluation and opinions expressed are his personal and don’t essentially mirror these of Decrypt.GM!At this time’s prime information: Crypto majors and alts are very purple; BTC -2.7% at $63.4k; HYPE -9% at $54 Saylor raises $525M in money, buys STRC over BTC Coinbase leans into meme cash with new “Launches” characteristic Fomo app notches new ATH in weekly income and charges FWA opens platform as much as wrapped ERC20s, beginning with PNKSTR ₿ Technique Chooses Money, STRC Over BTCTechnique went a fifth straight week with out shopping for Bitcoin,…

PayPal highlighted development of stablecoins and AI-driven cost instruments in Q2 whereas reporting $8.68 billion in income and an $81 million crypto-related earnings adjustment.International funds big PayPal highlighted stablecoins and synthetic intelligence-driven cost instruments as a part of its second-quarter technique whereas crypto property remained a part of its earnings reconciliation.PayPal reported Q2 earnings of $1.26 per share on Tuesday, in contrast with $1.30 per share in the identical interval final 12 months and under analysts’ $1.28 estimate. Income reached $8.68 billion, up from $8.29 billion a 12 months earlier and above the $8.47 billion analyst consensus.The corporate additionally recorded…

Within the present swimsuit, James Ramirez, claims he downloaded the app on July 25, 2025 and had 7.4 BTC “transferred to a scammer.” He reported the app and theft to Apple that day, in response to the submitting. Christopher Ellis allegedly misplaced about $840,000 after putting in the app on Aug. 3. Jalen Delgado, who had downloaded the app round Might 1, 2025, misplaced 1.05 BTC, then value roughly $120,000 after counting on “Apple’s representations that its App Retailer was secure and the apps hosted within the Apple App Retailer had been vetted by specialists,” in response to the submitting.Ramirez…

New York, United States, July twenty eighth, 2026, ChainwireBitSafe has launched infrastructure for builders launching decentralized monetary purposes on Canton Community.Backed by a Canton Basis Growth Fund grant of over $1 million (8,500,000 $CC), BitSafe as we speak opened the general public beta of Decentralization Supervisor, an open-sourced framework permitting apps and establishments to construct resilient merchandise that distribute management throughout a number of impartial operators.Canton Community has grow to be crucial infrastructure for establishments bringing actual capital and operations on-chain. Assembly institutional utility requirements requires audit trails and distributed belief, however till now each staff constructing on Canton has…

Hyperliquid’s SK Hynix perpetual contract, xyz:SKHYNIX, fell 17.9% on Tuesday after a nasty worth print in Seoul. Round $57.4 million in lengthy positions was liquidated throughout 960 accounts. Hyperliquid neither deployed nor operated that market. Commerce.xyz did, underneath a framework referred to as HIP-3. That distinction decides who managed the value feed, and who could be punished for it. SKHYNIX-USDC Worth Efficiency. Supply: Hyperliquid What Induced the SK Hynix Perp Crash on Hyperliquid The set off got here from NXT, a South Korean various inventory venue that launched in March 2025. It trades from 8 a.m. to eight p.m. native…

Celestica, Inc. inventory spiked sharply on July 27 after Q2 2026 outcomes beat the excessive finish of steering on income and adjusted EPS. But beneath the earnings euphoria, the each day technical image stays structurally challenged — a rigidity value understanding earlier than drawing conclusions about path. CLS — each day chart with candlesticks, EMA20/EMA50 and quantity. Key takeaways Celestica, Inc. inventory closed at $318.24 on July 27 after swinging from $289.26 to $323.55 intraday. Q2 2026 outcomes beat the excessive finish of steering on each income and adjusted EPS, and administration raised the full-year 2026 outlook. Administration additionally projected…