โ๏ธ (2025.08.29) Summary and Comments on Major Cryptocurrency News Have a great day today! 1๏ธโฃ The U.S. government plans to upload macro data to a public blockchain ๐ (Summary) - The U.S. government is starting to upload macro data to the blockchain - Using oracles like Chainlink and Pyth to upload GDP and six economic data points - This data can now be utilized in various future DeFi, prediction markets, etc. - The data is expected to be updated monthly or quarterly - It will be uploaded to chains like Arbitrum, Base, Ethereum, Botanix, Mantle, etc. โ๏ธ (Personal Comment) - The U.S. government officially uploading economic data to the blockchain is quite something - We are now entering an era where numerous derivative products utilizing this can emerge on the blockchain - Personally, I think Chainlink and Pyth will be the biggest beneficiaries Original link ( 2๏ธโฃ Tether plans to onboard Native USDT to Bitcoin via RGB ๐ (Summary) - Tether is set to onboard its tokens onto the...
โ๏ธ (2025.08.28) Summary and Comments on Major Cryptocurrency News Have a great day today! 1๏ธโฃ New stability mechanism launched after Hyperliquid XPL liquidation show ๐ (Summary) - XPL price suddenly surged 2.5 times - Liquidation occurred for hedging users on Hyperliquid - A whale liquidated traders' positions by buying in - Hyperliquid claims there are no technical issues - Two updates are being implemented in response - One is to set a maximum limit of x10 on pre-market prices - The second is that mark price will start utilizing external futures data โ๏ธ (Personal Comment) - Since Hyperliquid claims there are no technical issues, - the probability of compensation seems low - However, now that the pre-market mark price will start including external futures prices, - there is a possibility that liquidations will decrease - Still, I personally think trading in the pre-market on Hyperliquid is risky Original link ( 2๏ธโฃ Developing its own blockchain for Google Cloud...
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