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Hyperliquid also maintained its commandingly consistent market share of over 75% in the perps DEX space throughout July.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Amid a collapsed NFT market, Yuga Labs in recent months has been forced to sell prime brands like Moonbirds and CryptoPunks.
Grayscale Investments has appointed four new senior executives and brought back founder Barry Silbert as board chairman.
The company aims to sell 20.3 million shares at a price between $28.00 and $31.00, according to a preliminary prospectus.
Decentralized lender Credix lost about $4.5 million after an attacker took control of an admin wallet and exploited bridge privileges.
The deal was led by Kingsway Capital and includes over 110 investors, including Blockchain.com and Ribbit Capital.
The Ether Machine purchased 10,605 ETH for approximately $40 million, while GameSquare added 2,717 ETH for approximately $10 million.
Venture firms are backing OpenMind, a startup building a decentralized operating system for robots, founded by a Stanford professor.
BitMine Immersion boosted its ether stash to about 833,000 coins valued near $3 billion as Ethereum treasury companies accumulate more tokens.