โ๏ธ (2025.09.30) Summary and Comments on Major Cryptocurrency News
Have a great day today!
1๏ธโฃ Andre Cronje's Flying Tulip raises $200m with a $1b valuation
๐ (Summary)
- A new project called Flying Tulip by Andre Cronje
- Raising $200m with a $1b valuation
- The remaining $800m is planned for a public sale
- Aiming to establish an on-chain exchange
- Spot, futures, lending, stablecoins, insurance, etc. will all be possible on it
โ๏ธ (Personal Comment)
- This is Andre's next project after creating YFI and Keeper3rv1
- The crypto market really has a lot of people who are serial entrepreneurs
- Personally, I wonder if an $800m public sale makes sense..
- As regulations ease, it seems everyone is aiming for public sales~
- At this rate, IPOs might also happen on-chain in the future
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2๏ธโฃ SWIFT and Consensys prototype for cross-border payment system
๐(Summary)
- SWIFT talks about integrating a blockchain-based ledger into its infrastructure stack
- The first focus is a real-time, 24/7 operational cross-border payment system
- This is said to be the web3 version of Swift developed by Consensys
โ๏ธ (Personal Comment)
- SWIFT is now starting to explore blockchain one step at a time
- Ultimately, this shows that blockchain is overwhelmingly cheaper and advantageous for payments and transfers
- Payments are the next sector.
Original link (
3๏ธโฃ Aster rises to the top of daily fee futures DEX
๐ (Summary)
- Aster's fees have surpassed Hyperliquid to become number one
- Approximately $25m in fees generated in just 24 hours
- Astar competes with Binance but comments that it helps BNB
โ๏ธ (Personal Comment)
- Aster is really taking off
- Personally, I'm curious about how real the volume is
- But seeing this makes it clear why PerpDEXs are marketing so hard
- It seems like the sector making the most money right now
Original link (
4๏ธโฃ Hyperliquid-based HyerDrive hacked for $782k in funds
๐ (Summary)
- HyerDrive, a small lending platform of Hyperliquid, was hacked
- Approximately $782k in funds hacked
- Hyperdrive has not yet proposed a compensation plan and mentioned it will resume operations later
โ๏ธ (Personal Comment)
- The HyperEVM side is really...
- Personally, among the projects on the HyperEVM side,
- There are many that haven't even properly undergone contract audits, so they are not doing well
- It seems there are too many scams or landmines on the good HariEVM..
- Is it because there are almost no projects under the foundation's management?
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