Trump's speech at the 2025 Digital Asset Summit officially begins

Hyperliquid posted a response on Discord saying that after discovering suspicious market activity, the validator committee voted to remove the JELLY perpetual contract. All user losses will be fully compensated by the Hyper Foundation, except for marked addresses. Compensation will be automatically executed in the coming days based on on-chain data, without the need to submit work orders. The specific implementation plan will be detailed in subsequent announcements. Similar to other public block...

In response to the previous "an address imitated the previous 50 times leverage whale operation on Hyperliquid to throw 398 million JELLY empty orders to Hyperliquid, causing the Hyperliquid vault to face liquidation and loss", Sonic Labs co-creator Andre Cronje posted on the X platform: Position size is not a fixed function of leverage, but depends on available liquidity and volatility, small positions can be 1000 times leverage, large positions are only 1.2 times. There can be no fixed value i...

According to market news, Hyperliquid removed JELLYJELLY from the shelves and completed the settlement at a favorable price of $0.0095 without losing any funds.

According to the official announcement, OKX will officially launch the JELLYJELLYUSDT perpetual contract on the web, app and API at 11:30 pm on March 26, 2025 (UTC + 8).

In response to community users' suggestion that Binance could consider launching jellyjelly, He Yi responded on the X platform: "Okay, received".

On March 26th, according to Lookonchain monitoring, a whale holding 126 million JELLY (jellyjelly) is manipulating the price of the currency. The address first sold JELLY to plunge the price, leaving HLP with a passive short position of 398 million JELLY (about $15.30 million). Then the address bought back JELLY, pushing up the price, causing HLP to lose nearly 12 million dollars.

On March 26, according to Techstartups, Musk's artificial intelligence company xAI AI application Grok has officially landed on Telegram, enabling it to access the messaging platform with more than 1 billion monthly active users. It is reported that Telegram Premium users will not need to pay extra. Analysts believe that Grok's introduction of Telegram may give it an advantage in the competition with WhatsApp and Signal.

The market shows that SOL has fallen below $140 and is now quoted at $139.89, a 24-hour decline of 4.17%. The market is volatile, so please do a good job in risk control.

According to @ai_9684xtpa monitoring, the Hyperliquid vault has lost 10.63 million dollars due to the 5 million dollar jellyjelly short position received by the trader's automatic liquidation. If the counterparty pulls the currency price to around 0.17 dollars (currently 0.16004 dollars), the vault will face liquidation and lose the 240 million dollars currently held. It seems that there is already money deliberately driving up the price of $jellyjelly, which has risen by 230% in the past hour. ...

On March 26th, Tether officially issued a statement saying that the T3 FCU (T3 Financial Crime Unit) announced today that it has frozen $9 million related to the Bybit hack. Tether CEO Paolo Ardoino said that Tether is committed to stopping the actions of criminals. Working closely with T3 FCU, other partners and law enforcement around the world will ensure that stablecoin technology is not only transformative, but also safe, transparent and not easily exploited.

According to Blockworks, U.S. Rep. Bryan Steil revealed at the Blockchain Summit that the STABLE Act is expected to be formally introduced in the U.S. House of Representatives today. According to the content, the draft bill is 80% identical to the GENIUS Act.

The market shows that BTC has fallen below $87,000 and is now quoted at $86,981.9, a 24-hour decline of 0.69%. The market is volatile, so please do a good job in risk control.