MEXC NEWS

MEXC NEWS

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Hyperliquid Sees $430M Weekly Outflows Amid Rising DEX Competition

Hyperliquid Sees $430M Weekly Outflows Amid Rising DEX Competition

Hyperliquid recorded over $430 million in weekly outflows as competition in the perpetual decentralized exchange sector intensifies. Emerging platforms Lighter and Aster are capturing market attention and potentially drawing capital away from the current market leader.

Terraform Labs Liquidator Sues Jump Trading for $4 Billion

Terraform Labs Liquidator Sues Jump Trading for $4 Billion

The liquidator overseeing Terraform Labs' bankruptcy has filed a lawsuit against Jump Trading seeking $4 billion in damages. The legal action relates to Jump Trading's alleged role in the catastrophic collapse of the Terra ecosystem in May 2022.

Coinbase Sues Three US States Over Prediction Market Regulation

Coinbase Sues Three US States Over Prediction Market Regulation

Coinbase has filed lawsuits against Michigan, Illinois, and Connecticut over their attempts to regulate prediction markets, according to Bloomberg. The cryptocurrency exchange argues these states lack jurisdiction to impose such regulations.

SoFi Becomes First National Bank to Issue Stablecoin on Public Blockchain

SoFi Becomes First National Bank to Issue Stablecoin on Public Blockchain

SoFi has launched SoFiUSD, a fully reserved U.S. dollar stablecoin, becoming the first national bank in the United States to issue a stablecoin on a public, permissionless blockchain.

Tether CEO: AI Bubble Poses Biggest Risk to Bitcoin in 2026

Tether CEO: AI Bubble Poses Biggest Risk to Bitcoin in 2026

Tether CEO Paolo Ardoino has identified a potential AI-driven bubble as Bitcoin's biggest risk heading into 2026. However, he does not anticipate the same sharp corrections seen in previous market cycles, citing growing institutional adoption as a stabilizing force.

Fetch.ai Launches World's First AI Agent-to-Agent Payment System

Fetch.ai Launches World's First AI Agent-to-Agent Payment System

Fetch.ai has launched the world's first AI agent-to-agent payment system, enabling personal artificial intelligence agents to autonomously execute real-world transactions on behalf of users. The full rollout is scheduled for January through the ASI:One platform.

Spot Bitcoin ETFs Record $358 Million in Net Outflows

Spot Bitcoin ETFs Record $358 Million in Net Outflows

Spot Bitcoin ETFs recorded $358 million in net outflows on Monday, marking a notable reversal in fund flows. The significant capital exit reflects shifting investor sentiment amid recent market volatility.

Intuit Partners with Circle to Integrate USDC Payments into TurboTax and QuickBooks

Intuit Partners with Circle to Integrate USDC Payments into TurboTax and QuickBooks

Financial software giant Intuit has signed a multiyear partnership with Circle to integrate USDC stablecoin payments across its flagship products TurboTax and QuickBooks. The collaboration aims to deliver faster and lower-cost payment flows for millions of users.

Bearish Sentiment Spikes as Bitcoin Drops to $84.8K, Creating Potential Contrarian Signal

Bearish Sentiment Spikes as Bitcoin Drops to $84.8K, Creating Potential Contrarian Signal

Bearish sentiment is surging across social media platforms following Bitcoin's pullback to $84,800, according to blockchain analytics firm Santiment. Retail investors are pushing fearful narratives harder than bullish outlooks, creating a notable shift in market mood.

Robinhood Deploys Record 500 Stock Tokens on Arbitrum in Single Day

Robinhood Deploys Record 500 Stock Tokens on Arbitrum in Single Day

According to Arbiscan, Robinhood deployed 500 stock tokens on the Arbitrum network on December 17, marking the highest single-day deployment on record. This massive rollout signals an aggressive expansion of tokenized securities on the Ethereum Layer 2 network.