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Oracle

Oracles are essential infrastructure components that feed real-time, off-chain data (such as price feeds, weather, or sports results) into blockchain smart contracts. Without decentralized oracles like Chainlink and Pyth, DeFi could not function. In 2026, oracles have evolved to support verifiable randomness and cross-chain data synchronization. This tag covers the technical evolution of data availability, tamper-proof price feeds, and the critical role oracles play in ensuring the deterministic execution of complex decentralized applications.

5097 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Chainlink integrates U.S. Commerce Department macroeconomic data

Chainlink integrates U.S. Commerce Department macroeconomic data

The post Chainlink integrates U.S. Commerce Department macroeconomic data appeared on BitcoinEthereumNews.com. Chainlink has launched a new set of data feeds that deliver official U.S. Department of Commerce macroeconomic statistics directly to blockchains, the company announced on Thursday. The initiative is part of a broader collaboration that also involves Pyth Network, with both oracle providers confirming they are working with the Commerce Department to bring Bureau of Economic Analysis (BEA) data on-chain. The program makes government-released indicators such as gross domestic product (GDP), the Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers available on-chain through decentralized oracle networks. Initial deployment spans ten blockchains, including Ethereum, Base, Avalanche, Arbitrum, Optimism, Mantle, Linea, Botanix, Sonic and ZKsync. The integration builds on Chainlink’s broader role as a provider of verifiable data feeds, which already support functions ranging from token price updates to weather insurance claims. By extending this framework to US government economic data, Chainlink and Pyth position themselves as bridges between public institutions and blockchain ecosystems. The feeds are secured by the same decentralized infrastructure that underpins Chainlink’s price oracles and Pyth’s aggregated data network. Commerce Secretary Howard Lutnick said earlier this week that the department would begin publishing GDP and other statistics on-chain, signaling a potential expansion of the model to additional U.S. agencies. Primary documentation of the integration, including live contract addresses for the data feeds, is already available on Chainlink’s developer portal. The announcement follows prior expansions into weather and sports data, continuing Chainlink’s strategy of embedding external information directly into blockchain systems. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/chainlink-labs-commerce

Author: BitcoinEthereumNews

2025/08/28

US government partners with Chainlink, Pyth Network to publish GDP data on Ethereum, Base, Avalanche and other blockchains

US government partners with Chainlink, Pyth Network to publish GDP data on Ethereum, Base, Avalanche and other blockchains

The post US government partners with Chainlink, Pyth Network to publish GDP data on Ethereum, Base, Avalanche and other blockchains appeared on BitcoinEthereumNews.com. Key Takeaways The US Commerce Department is publishing GDP data on nine public blockchains. This marks a major adoption of blockchain technology for official government economic reporting in the US. The US government has tapped Chainlink and Pyth Network to deliver official economic and financial data on-chain, according to two separate announcements from the projects. The integration initially targets ten blockchain networks, including Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic, and ZKsync, Chainlink confirmed in a Thursday blog announcement. The US Department of Commerce (DOC), via its Bureau of Economic Analysis (BEA), has started publishing official US macroeconomic statistics on those networks using Chainlink oracles. Six BEA indicators are now live on-chain through Chainlink Data Feeds, covering GDP, inflation, and domestic demand. The data are updated monthly or quarterly in line with BEA releases, as noted in the release. The latest development comes shortly after Commerce Secretary Howard Lutnick said Tuesday that the Department of Commerce would put GDP and other economic statistics on the blockchain. The strategic move aims to utilize blockchain technology for enhanced data distribution, and the department is looking to broaden this approach across other government agencies. This is a developing story. Source: https://cryptobriefing.com/gdp-data-blockchain-distribution/

Author: BitcoinEthereumNews

2025/08/28

U.S. Commerce Dept Partners with Chainlink to Bring Macro Data Onchain – Crypto Adoption Rising?

U.S. Commerce Dept Partners with Chainlink to Bring Macro Data Onchain – Crypto Adoption Rising?

The United States Department of Commerce (DOC) has teamed up with Chainlink to bring macroeconomic data from the Bureau of Economic Analysis (BEA) onchain. In a blog post Chainlink shared that through its oracle infrastructure, critical indicators such as Real Gross Domestic Product (GDP), the Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers are now available across ten blockchain systems. This move also marks the first time U.S. government economic data has been published onchain in a verifiable way. According to the firm developers can immediately integrate the Chainlink Data Feeds into decentralized applications (dApps), unlocking use cases such as automated trading strategies, composable tokenized assets, prediction markets, and risk management tools for DeFi protocols. Chainlink’s Expanding Role in Policy and Compliance This latest collaboration with the government body builds on Chainlink’s growing engagement with U.S. regulators and policymakers in 2025. Earlier this year, Chainlink participated in meetings with the SEC to address broker-dealer and transfer agency compliance, leading to interpretive guidance that advanced the regulatory clarity for blockchain infrastructure. The company also worked with the SEC Crypto Task Force, demonstrating how Chainlink ACE embeds compliance logic directly into onchain infrastructure. Chainlink’s leadership, including co-founder Sergey Nazarov, has been active in discussions with U.S. lawmakers such as Senator Tim Scott on crypto market structure legislation. In July, the White House highlighted Chainlink in a report from the President’s Working Group on Digital Asset Markets, underscoring its role as critical infrastructure powering stablecoins, tokenized funds, and other digital assets. The signing of the GENIUS Act—a landmark federal law establishing a framework for stablecoins—further reinforced Chainlink’s position at the heart of regulatory and market adoption. Why Oracles Are Essential Infrastructure Chainlink has emerged as the industry standard for secure oracle services, enabling more than 2,400 integrations across DeFi and institutional finance. Its Data Feeds secure tens of billions of dollars in total value locked (TVL) and are relied upon by top protocols such as Aave, Lido, Compound, and GMX. Beyond crypto-native platforms, institutions like Swift, Euroclear, UBS, Fidelity International, and ANZ are leveraging Chainlink to accelerate tokenization and blockchain adoption. Chainlink Data Feeds, already supporting trillions in transaction value, are ISO 27001 certified and SOC 2 Type 1 attested, ensuring enterprise-grade security for financial institutions. These feeds are powered by the Onchain Data Protocol (ODP), which serves as a cornerstone of the broader Chainlink platform, making them a trusted bridge between public institutions and blockchain applications. Implications for Adoption By connecting BEA’s macroeconomic indicators directly to decentralized markets, the Department of Commerce and Chainlink are charting a new course for blockchain adoption. Developers and institutions alike now have trusted access to U.S. government economic data, enabling innovations that merge public transparency with financial automation. For both policymakers and crypto developers, the integration of real-world economic data represents a milestone moment in the maturing relationship between digital assets and traditional financial systems

Author: CryptoNews

2025/08/28

Lygos Aims to Banish Ghosts of Past With Non-Custodial Model

Lygos Aims to Banish Ghosts of Past With Non-Custodial Model

The post Lygos Aims to Banish Ghosts of Past With Non-Custodial Model appeared on BitcoinEthereumNews.com. Lygos Finance unveiled what it calls the first truly non-custodial bitcoin BTC$112,757.01-backed lending platform, aiming to transform the crypto credit market with institutional-grade design. The platform is built on Discrete Log Contracts (DLCs) developed by Atomic Finance, which Lygos acquired earlier this year. DLCs enforce bilateral lending agreements directly on Bitcoin’s base layer, with an external oracle attesting to facts like BTC-USD prices, but not controlling the funds. Borrowers and lenders sign Contract Execution Transactions, meaning settlement happens entirely on the Bitcoin blockchain without custodians or smart-contract risk. “True non-custodial means exactly this,” CEO Jay Patel said in an emailed announcement on Thursday. “No participant other than the borrower and lender can move the funds.” Lygos supports up to $100 million, with BTC collateralized in a native 2-of-2 script and USDC/USDT issued on Ethereum. The model avoids wrapped bitcoin or synthetic collateral, keeping custody native on both sides of the transaction. During the 2021 crypto bull market, centralized lenders such as Celsius Network, Voyager Digital and BlockFi drew billions in deposits by promising high yields. But these returns were often built on risky, interconnected loans. The system unraveled in 2022, when the collapse of the Terra-Luna stablecoin and the bankruptcy of hedge fund Three Arrows Capital (3AC) left many of the major lenders exposed. Mass withdrawals followed, forcing firms to freeze assets and file for bankruptcy. Customers lost much of their deposited funds, and the reputation of bitcoin lending took a severe hit. By enforcing agreements directly on the Bitcoin layer 1, Lygos said it can restore confidence with transparent, enforceable contracts and no reliance on custodians. The debut marks a fresh attempt to reimagine bitcoin credit markets, this time with non-custodial rails. Source: https://www.coindesk.com/business/2025/08/27/lygos-aims-to-banish-ghosts-of-crypto-lending-collapse-with-non-custodial-bitcoin-model

Author: BitcoinEthereumNews

2025/08/28

XRP vs LINK: Key Differences

XRP vs LINK: Key Differences

Chainlink and XRP are two well-known cryptocurrencies, but they serve very different purposes in the blockchain world. Chainlink focuses on connecting smart contracts to real-world data using decentralized oracles. XRP aims to provide fast, low-cost international payments by acting as a bridge currency for banks and financial institutions.XRP is best for speedy, affordable cross-border transactions, while Chainlink is key for making smart contracts smarter with real-world information. Investors and users often compare them because they are both big names, but their goals and technology are unique.What Is XRP?XRP is a digital asset used for global payments, designed to let banks and payment providers move money quickly and cheaply across borders. Developed by Ripple Labs, XRP stands out due to its speed, low fees, and focus on financial institutions.Origins and DevelopmentXRP launched in 2012, which makes it one of the older cryptocurrencies on the market. It was created alongside the XRP Ledger, a decentralized blockchain focused on fast and efficient transactions. Ripple Labs, the company behind XRP, built it to solve problems in the existing payment system, like high fees and slow transfer times.The XRP Ledger uses a unique consensus protocol instead of traditional mining. This helps the network process transactions in just a few seconds. Early on, Ripple Labs distributed large amounts of XRP to help grow its adoption, especially among banks and payment companies.The asset was designed to act as a ”bridge currency.” That means it helps transfer value between different currencies, even when there's no direct trading path. Over time, XRP has stayed focused on its original goal: making payments faster and less expensive for the world’s financial sector.Core Functionality in Global PaymentsXRP is built for cross-border payments. Its main use case is to let banks and financial institutions send money to each other around the world without needing pre-funded accounts in every country. This is often called ”real-time gross settlement.”Key advantages of XRP in payments:Transaction Speed: Most transactions settle in 3–5 seconds.Low Fees: Fees are usually a fraction of a cent.Scalability: The network can handle about 1,500 transactions per second.When a bank wants to send money overseas, XRP can be used to convert the currency instantly. The process is automated by the XRP Ledger, which allows for quick settlement without complicated steps or expensive agents. This makes XRP appealing to banks, payment providers, and remittance services that want to cut costs and delays.Role of Ripple LabsRipple Labs is the main company behind XRP's development and growth. The company builds software and products for banks and payment companies, using the XRP Ledger to enable instant transfers. Ripple Labs also works with more than 300 financial institutions worldwide, helping them use blockchain for smoother payments.They promote products like RippleNet and On-Demand Liquidity (ODL). These tools connect banks and payment providers, allowing them to use XRP for instant settlements. Ripple Labs continues to push for wider adoption, focusing on partnerships to get more institutions using its technology.Regulation is another area Ripple Labs deals with. The company often interacts with financial authorities to help clarify how XRP fits into legal frameworks. This helps build trust with financial institutions and supports the broader use of blockchain in traditional finance.What Is Chainlink?Chainlink is a blockchain-based platform that is designed to connect smart contracts with data from the real world through a secure, decentralized system. It uses oracles to provide trusted data feeds and supports a wide range of use cases from finance to gaming.Decentralized Oracle NetworkChainlink is best known as a decentralized oracle network. Its main role is to bridge the gap between blockchain smart contracts and off-chain data sources.Oracles on the Chainlink network are independent entities that provide external data to blockchains. This is important because blockchains alone cannot access outside information like financial market prices, weather results, or sports scores. By tapping into a network of oracles, Chainlink avoids single points of failure, reducing risks of tampering and data manipulation.Each oracle operator must follow strict rules and is often rewarded in LINK tokens for accurate, reliable service. This decentralized approach makes the data trustworthy for smart contracts that depend on it for execution.Chainlink Network ArchitectureThe Chainlink network has several key components working together. At its core, there are smart contracts that request data, oracle nodes that supply the data, and a decentralized system for verifying accuracy.Data requests start with a smart contract on a compatible blockchain, commonly Ethereum. The request is then matched with available nodes on the Chainlink network. These nodes are responsible for gathering data from various sources and delivering it back to the requesting contract.The LINK token is used to pay node operators and incentivize good behavior. Node operators may need to stake LINK tokens as collateral, which can be lost if they provide false or low-quality data. This structure encourages honesty and reliability across the network.Real-World Data IntegrationChainlink allows real-world data integration by making it possible for smart contracts to react to events and information outside the blockchain. Some common examples include accessing stock prices, exchange rates, and weather statistics.Chainlink’s oracles pull data from multiple, verified sources. The results are aggregated and delivered in the form of data feeds, such as price feeds used by DeFi protocols to calculate asset values. These data feeds are critical for lending platforms, decentralized exchanges, and many financial applications on the blockchain.By delivering up-to-date information to smart contracts, Chainlink expands what decentralized applications can do. This capability is essential for creating trustless financial tools, insurance products, and gaming rewards that depend on reliable real-world data.XRP vs LINK Key DifferencesCATEGORYXRPLINKMain PurposeBridge asset for fast, low-cost cross-border payments.Decenralized oracle network connecting smart contracts to real-world data.Blockchain / NetworkRuns on the XRP Ledger.Built primarily on Ethereum and compatable with multiple blockchains.Consensus MechanismXRP Ledger Consensus Protocol (validators agree without mining or PoS/PoW).Relies on the consensus of underlying blockchain.Transaction Speed1,500 TPS, settlement in 3-5 seconds.Depends on host blockchain (Ethereum slower, subject to congestion).Transaction CostFractions of a cent.Varies by blockchain (Ethereum often high, mitigated by L2 solutions).Energy EfficiencyVery high; no mining or heavy computation.Depends on underlying blockchain (now more efficient with Ethereum PoS).SupplyFixed max 100B XRP; 59B circulating.Fixed max 1B LINK; 678M circulatingMarket cap (2025)$176B$16BToken UtilityLiquidity and bridge currency for payments; not stakeable.Payment for oracle services; staked for security and rewards.GovernanceValidator-based consensus; XRP holders don's vote on updates.Node operators chosen by reputation; staking adds security but no formal governance.Institutional Adoption300+ banks and financial institutions for payments and remittances.Widely used in DeFi; integrated across 60+ blockchains.DeFi RoleLimited; basic DEX and assets.Core infrastructure for DeFi; secure price feeds and automation.NFTs and GamingEarly adoption; limited ecosystem.Provides randomness; price feeds, and event verification for NFT and gaming projects.StrengthsFast, cheap, energy-efficient transactions; strong banking partnerships.Dominant oricle provider; essential for DeFi, cross-chain, and real-world asset tokenization.Weaknesses/ ChallengesRegulatory scrutiny; limited beyond payments.Dependent on Ethereum/L1 scalability; fees during congestion.Regulatory OutlookPast SEC legal challenges; Ripple Labs' large holdings raise centralization concerns.Less legal controversy; future complaince needed for financial partnerships.Frequently Asked QuestionsWhat are the primary differences between the use cases of XRP and Chainlink?XRP's main use is for fast and cost-effective cross-border payments. Banks and financial firms use XRP to move money between countries quickly.Chainlink acts as a bridge between blockchains and real-world data. It connects smart contracts to information outside the blockchain, like weather data or market prices.How do the consensus mechanisms of XRP Ledger and Chainlink differ?The XRP Ledger uses a unique consensus protocol called the Ripple Protocol Consensus Algorithm (RPCA). This system allows validators to agree on transactions without needing mining.Chainlink uses a decentralized network of nodes as oracles. These nodes check, collect, and deliver data for smart contracts but do not have a single consensus protocol like XRP Ledger.Can XRP and Chainlink integrate with each other for cross-platform applications?Yes, the functions of XRP and Chainlink can be combined in some blockchain solutions. For example, Chainlink oracles could provide external data to apps that use XRP for payments.Developers may use both platforms to build services that need both payment speed and reliable outside data.What are the advantages of investing in XRP over Chainlink?XRP is aimed at the global payments market, with backing from established financial institutions. It is used for reducing the cost and time of moving funds across borders.For investors interested in markets tied to money transfers and banking, XRP may be more appealing. It is important to consider each token’s risk and regulatory background.How do transaction speeds and costs compare between Chainlink and XRP?XRP is designed to process payments fast, with low fees. Most transactions are confirmed in seconds and cost only a fraction of a cent.Chainlink processes and delivers data rather than direct payments. While its network fees can vary, its core purpose is to keep smart contracts up to date, so the focus is less on payment speed.

Author: Coinstats

2025/08/28

Aave aims to unlock up to $25 billion in RWA with Horizon: the move that could change banking liquidity

Aave aims to unlock up to $25 billion in RWA with Horizon: the move that could change banking liquidity

Aave Labs launches Horizon, an infrastructure that connects tokenized real-world assets (RWA) to on-chain credit flows.

Author: The Cryptonomist

2025/08/28

LINK sees 5% hike after Bitwise bets big on Chainlink with new ETF filing

LINK sees 5% hike after Bitwise bets big on Chainlink with new ETF filing

The post LINK sees 5% hike after Bitwise bets big on Chainlink with new ETF filing appeared on BitcoinEthereumNews.com. Key Takeaways Bitwise has filed for the first U.S Chainlink ETF, with the same intended to bring institutional exposure to LINK amid rising demand and regulatory scrutiny. Bitwise Asset Management is in the news today after bringing Chainlink [LINK] to traditional investors. It has done so by filing to launch a new exchange-traded fund (ETF) focused solely on the cryptocurrency oracle platform’s native token. According to the filing with the U.S Securities and Exchange Commission (SEC), the proposed Bitwise Chainlink ETF would use Coinbase Custody as its designated custodian and facilitate in-kind creation and redemption of LINK. This would also enable investors to buy and sell shares directly with the token. However, details such as the fund’s ticker, listing exchange, and management fees have not yet been disclosed. The filing marks a historic first for U.S ETFs. Especially since no ETF has previously been proposed that tracks Chainlink’s native token – LINK. As it stands, Bitwise Asset Management has submitted a Form S-1 with the U.S Securities and Exchange Commission, outlining the structure and purpose of the fund. However, the process is far from complete. This is because the firm must submit additional documentation, known as Form 19b-4, to formally initiate the SEC’s approval process. This could take several months depending on regulatory review and market conditions. How will it affect LINK? Needless to say, the Bitwise Chainlink ETF holds considerable significance for the crypto industry. The ETF could legitimize institutional demand for LINK, a token largely driven until now by retail and DeFi markets. Should the SEC grant approval, the ETF would open the door for pension funds, hedge funds, and other large-scale investors to gain exposure to Chainlink in a compliant, mainstream investment format. In fact, analysts believe that this could increase the token’s liquidity and potentially contribute…

Author: BitcoinEthereumNews

2025/08/28

Another tragedy on Hyperliquid: XPL flash short squeeze, users may lose more than $60 million. When will the whale hunt end?

Another tragedy on Hyperliquid: XPL flash short squeeze, users may lose more than $60 million. When will the whale hunt end?

By Frank, PANews Hyperliquid's HYPE token hit a new high on August 27th, just one day after a carefully orchestrated "flash short squeeze" ravaged the XPL pre-market futures market on Hyperliquid. In less than an hour, the price chart was violently pulled into a near-vertical drop, instantly depleting the accounts of countless short traders while the manipulators walked away with a massive profit exceeding $46 million. This incident quickly sparked a furor in the crypto community, with outcry, anger, and conspiracy theories mingling. People couldn't help but wonder: Was this a random occurrence of extreme market volatility, or a precisely targeted massacre exploiting a protocol vulnerability? And why, at the center of this storm, has Hyperliquid repeatedly become the perfect hunting ground for the nefarious activities of whales? A long-planned "hunt" This seemingly sudden market crash was actually a carefully planned hunt. According to Aiyi's on-chain data tracking, this coordinated attack was carried out by at least four core wallet addresses. The roles and fund deployment of two primary attack addresses are particularly clear: one is an address beginning with 0xb9c0, and the other is an address on DeBank under the username "silentraven." The remaining two addresses played supporting roles. These wallets displayed similar operational behavior. Between the 23rd and 25th, three addresses transferred large amounts of funds to initiate long positions on XPL. Among them, address 0xb9c0, the primary attack address, preemptively deployed $11 million in USDC to open long positions on XPL on Hyperliquid at an average price of around $0.56. The address of DeBank username "silentraven" also established a long position of 21.1 million XPL using $9.5 million in USDT at an average price of $0.56 over the past three days. These addresses invested a combined total of over $20 million, acquiring substantial long positions in batches and at different times within nearly the same price range. Several of these addresses clearly only invested in long positions in XPL after their creation. At around 5:30 am on August 26, when most traders in Asia were still asleep, the hunting moment quietly arrived. The 0xb9c0 address transferred an additional $5 million to the Hyperliquid platform. This indiscriminately pumped up the token's price. In the already extremely thin pre-market for XPL, this capital injection was like a spark in a powder keg, instantly detonating the entire order book. Within minutes, the price of XPL skyrocketed from around $0.60 to $1.80, a surge of over 200%. This short-term surge has several obvious consequences. First, most traders won't have time to increase their margin to raise the liquidation price. Second, even hedging orders with a minimum leverage of 1x will be liquidated. Third, as many short positions are liquidated one by one, forced liquidation buy orders will further drive prices higher, creating the most terrifying "short squeeze" phenomenon in the financial market. Finally, when the price reached its peak, the manipulators began to close their positions at prices between $1.1 and $1.2. According to Aunt Ai’s statistics, this sniping operation brought the manipulators a total profit of over $46 million. The $60 million wail and the platform's "indifference" A feast of capital is inevitably accompanied by the wailing of another group of people. When the manipulators return with a full haul, all that is left for other market participants are bloody losses and endless questions. Crypto KOL @Cbb0fe said that he allocated 10% of his funds to hedge on Hyperliquid, resulting in a loss of $2.5 million. He will never touch the isolated market again. Other media outlets reported that the largest loss at a single address was approximately $7 million. However, they did not provide specific address information, raising questions. However, judging from the profits of the manipulators, the maximum profit at that time was indeed more than 46 million US dollars, and it is not yet known whether there were other undiscovered partners in this process. Judging from the changes in contract positions, before the attack began, the contract holdings of XPL on Hyperliquid reached a maximum of US$153 million, and then quickly plummeted to 22.44 million, with a reduction of more than US$130 million. It is estimated that the overall losses of short position users may reach US$60 million. This loss even surpassed the $11 million in losses Hyperliquid in March caused by the JELLY token scam. Perhaps because the company itself wasn't directly affected, the victims had to swallow their losses in silence. In community discussions, a familiar name was repeatedly mentioned: Tron founder Justin Sun. One user pointed out that an address involved in this attack had transferred ETH to an address associated with Justin Sun several years ago, but this action does not directly prove that the address has an actual connection with Justin Sun. Following the incident, many users turned to Hyperliquid, hoping the platform would provide an explanation or provide remedial measures. However, Hyperliquid did not drastically close profitable orders or directly shut down related accounts, as it did in March when handling the JELLY token manipulation incident. Instead, they responded in their official Discord group, stating that while the XPL market experienced significant volatility, Hyperliquid's blockchain operated as designed during this period without any technical issues. Liquidation and automatic deleveraging (ADL) mechanisms were implemented in accordance with public protocols, and because the platform utilizes a fully segregated margin system, this incident only affected XPL positions, and the protocol did not generate any bad debts. For many netizens, the lack of adjustments is understandable. After all, Hyperliquid warned of high volatility and risks when XPL launched, and all such manipulation was carried out within market rules. But for those users who have been deeply affected, such a response seems somewhat cold. Cause of the tragedy: a fatal conspiracy between platform, target and timing Looking back at the entire incident, this isn't the first time Hyperliquid has engaged in similar market manipulation. This process is clearly the result of premeditated and meticulous planning by the manipulators. Furthermore, it's also closely linked to the design of Hyperliquid's platform. First, this type of short squeeze is not uncommon in financial markets and often occurs in markets with poor liquidity and isolated prices. This particular operation on Hyperliquid capitalizes on several key features. First, the platform's extreme on-chain transparency allows manipulators to calculate the funds needed to manipulate the market and the desired effect using publicly available data such as positions, liquidation prices, and funding rates. Second, Hyperliquid's isolated oracle system. Because XPL utilizes an independent pricing system on Hyperliquiquid, independent of external oracles, manipulators can freely manipulate prices within this siloed environment without having to worry about price balancing on other exchanges. Furthermore, the selection of the target for manipulation also involves numerous tricks. The XPL token (and WLFI, another similar but less dramatic example) involved in this manipulation are both unlisted tokens. This means they are "paper contracts" without the risk of spot delivery or market manipulation, making them easier to manipulate. Finally, there's the matter of timing. Before the attack, XPL's trading volume was only a few hundred thousand tokens per five minutes, translating to approximately $50,000 USD. This coincided with the period of declining trading enthusiasm following the launch of the cryptocurrency. This thin liquidity provided an opportunity for the attacker to exploit, enabling market manipulation with minimal capital. The XPL incident exposed deep-seated structural risks, reminding us to reflect on both the platform and user levels. From the platform's perspective, the first issue is vulnerability. Since 2025, Hyperliquid has experienced three market manipulation incidents. Each incident almost always reveals vulnerabilities within Hyperliquid as a decentralized derivatives exchange. These vulnerabilities have repeatedly resulted in the loss of funds for ordinary users and a weakening of the Hyperliquiquit platform's credibility. In this case, the issue stemmed from both the siege created by an isolated oracle mechanism and price suppression caused by a lack of proactive platform liquidity intervention when unusual positions emerged. Secondly, is it more important to confront the perpetrators equally or to maintain a decentralized facade? In the JELLY incident, Hyperliquid unhesitatingly initiated an on-chain vote, ultimately recovering losses and expelling the perpetrators. The rationale at the time was that they were forced to take actions that undermined decentralization in order to protect the platform's user vaults. However, facing losses far exceeding those of the previous incident, is this because the platform's vaults were intact, or is it a choice to ignore the situation to prevent the banner of decentralization from falling again? This may raise a major question in the minds of users. Finally, for users, the XPL manipulation incident has once again heightened our vigilance against illiquid and isolated markets. Pre-market contracts with extremely low liquidity and lacking a spot market anchor are often the hunting grounds of whales. Furthermore, the time-honored trading principles of reducing leverage and setting stop-loss orders are never empty words.

Author: PANews

2025/08/28

5 Best Cryptos to Buy for Long-Term Growth — Bitcoin, SUI and MAGACOIN FINANCE Gain Strong Analyst Support

5 Best Cryptos to Buy for Long-Term Growth — Bitcoin, SUI and MAGACOIN FINANCE Gain Strong Analyst Support

The post 5 Best Cryptos to Buy for Long-Term Growth — Bitcoin, SUI and MAGACOIN FINANCE Gain Strong Analyst Support appeared on BitcoinEthereumNews.com. The 2025 crypto market is entering a new phase of institutional adoption and technological maturity, with investors looking beyond short-term volatility to position for long-term gains. Bitcoin still is the benchmark but now, newer networks like SUI are making their mark through ecosystem building. Solana, Cardano, and Chainlink remain relevant despite falling market value.  At the same time, MAGACOIN FINANCE is shaping up to be one of the most attractive long-term opportunities, with many analysts endorsing its unique combination of security and growth potential. Bitcoin: The Benchmark Asset for Stability Bitcoin is trading at $110,000–$111,000, down by around 2% in the last 24 hours as miners and whales take profits from a recent high above $123,000. Even with this correction, ETF inflows are still strong, with some analysts predicting rallying towards $150,000 this year on momentum. Long-term predictions are as high as $200,000–$250,000 by 2030, cementing Bitcoin’s position as the base of the cryptocurrency market. While Bitcoin’s growth curve might be more advanced than ETH’s, it is still the most trusted digital store of value. Sui (SUI): DeFi and Gaming Expansion Drive Growth Sui (SUI), the crypto asset, has been trading very close to $3.40. It has gained 1.8% in the past 24 hours. Furthermore, the coin has a market cap of about $8.8 billion.  The Defi network’s growth has been accelerating quickly as DEX volume surpassed $10 billion in August while its TVL rose a whopping 44% this quarter to $1.76 billion. The gaming sector is also showing signs of promise as Jackson.io launches as Sui’s first licensed iGaming platform with profit-sharing for stakers. Analysts believe Sui is one of the best emerging chains to buy for the long term with more than 40 million monthly active addresses and the release of an XAUm gold-backed token for institutional purchasers.…

Author: BitcoinEthereumNews

2025/08/28

Demether joins Chainlink Build to enhance AI-driven DeFi capabilities and will allocate a portion of its tokens to Chainlink service providers

Demether joins Chainlink Build to enhance AI-driven DeFi capabilities and will allocate a portion of its tokens to Chainlink service providers

PANews reported on August 28th that the AI-native DeFi protocol Demether has joined the Chainlink Build program, gaining access to on-chain oracle services and technical support to enhance the security and user experience of its AI-powered DeFi vault. In return, Demether will allocate a portion of its native token supply to Chainlink service providers (including stakers). Demether is developing an AI-powered treasury suite called demAI. Users can deposit funds in stablecoins or Bitcoin and use Demether to dynamically optimize yield strategies, manage risk in real time, and deploy funds across multiple chains. The interface is designed for ease of use, and strategies can be activated through a drop-down menu, conversational AI, or a Telegram bot.

Author: PANews

2025/08/28

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Trump's midterm election donors revealed: From Crypto.com to OpenAI, crypto and AI giants generously contribute.

Trump's midterm election donors revealed: From Crypto.com to OpenAI, crypto and AI giants generously contribute.

2026/02/04 13:47