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September 13, 2025CoinOtag logoCoinOtag

New Wallet Opens $50.8M 20x ETH Short on HyperLiquid — 10,796 ETH at $4,718 Entry (Liquidation $5,086)

COINOTAG News reported on September 13 that on-chain monitoring by Onchain Lens identified a newly created wallet depositing 5.1 million USDC into HyperLiquid and opening a 20x leveraged ETH short.

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Circle CEO Jeremy Allaire Calls Arc ‘an Economic OS for the internet’

Circle CEO Jeremy Allaire Calls Arc ‘an Economic OS for the internet’

In a recent CNBC interview, Jeremy Allaire outlined dollar-priced fees, fast finality, and privacy for Arc, while pointing to rising USDC use in emerging markets.

CoinDesk logoCoinDesk
1 min
China Sentences Five Over $166 Million in Illegal USDT Currency Conversions

China Sentences Five Over $166 Million in Illegal USDT Currency Conversions

A Chinese court has jailed five defendants for engaging in illegal USDT transactions, citing the need to protect national financial stability....

ZyCrypto logoZyCrypto
1 min
Billions on the Move: October’s Winners and Losers in the Stablecoin Market

Billions on the Move: October’s Winners and Losers in the Stablecoin Market

The latest data from defillama.com shows the stablecoin market didn’t skip a beat in October, climbing 2.47% even after trimming $1.84 billion in the past week. Tether ( USDT) was the main heavyweight...

Bitcoin.com logoBitcoin.com
1 min