The Hyperliquid borrowing protocol Hyperdrive on the blockchain encountered a serious security incident on Saturday night, where hackers successfully stole approximately $782,000 in assets by exploiting a vulnerability in the smart contracts. This is the third major security incident faced by the well-known Layer 1 network this year, raising concerns in the market about the security of DeFi protocols. The Hyperdrive team has confirmed that they have identified the root cause of the issue and applied a patch, while also committing to announce a compensation plan for the affected users soon.

ARK Invest CEO Cathie Wood recently commented on the Master Investor podcast, referring to the decentralized exchange (DEX) protocol Hyperliquid as a "new entrant," and stated it "reminds me of early Solana." While she reiterated that Bitcoin remains the core of ARK's crypto investments, this comparison highlights the rising dominance of high-speed DEXs in the derivatives market. Whether the remarks from this heavyweight figure can boost market sentiment around HYPE tokens and help them recover from the recent technical pullback caused by the "rising wedge" pattern has become the focus of market attention.

After one of the most generous Airdrops in the history of Crypto Assets caused a global sensation, Plasma CEO Paul Faecks revealed for the first time the strategic thinking behind this astonishing decision. On the second day after the Mainnet and XPL Token launch, Paul accepted an interview with The Rollup, sharing insights from the "1 dollar for 10,000 dollars" Airdrop mechanism to key collaborations with Tether, as well as the grand blueprint to challenge Visa's 50 billion market capitalization.

XRP has been consolidating between $2.70 and $3.00 after a significant run earlier this year. Analyst Zach Rector anticipates that upcoming XRP ETFs will lead to major inflows, potentially driving prices higher.

Some industry voices believe Circle’s plan to introduce a transaction reversibility feature could reinforce bitcoin’s appeal as a censorship-resistant asset. Institutional Integration vs. Core Crypto Principles Recent reports indicating that Circle, the issuer of the USDC stablecoin, is

Analysts predict a Solana breakout targeting $2,000, currently priced at $200.91. A megaphone chart pattern and rising institutional demand, including Fidelity's ETF filing, support this potential rally as strong momentum builds.

Despite the recent weak performance of the crypto market, with Ethereum prices dropping below $4,000, crypto whales have shown a strong buying intent against the backdrop of a 14% fall over the past month. Whales are actively accumulating ETH while setting their sights on two emerging projects with high growth potential: the decentralized perpetual futures exchange Aster, supported by CZ, and the stablecoin-focused Layer 1 blockchain Plasma (XPL), backed by notable institutions like Peter Thiel. The concentrated activity of whales in these three assets indicates their strong confidence in the fundamental value of mature projects and the disruptive opportunities in emerging sectors.

In the midst of the turmoil in the crypto assets market, Hyperliquid (HYPE) launched a bold community incentive program on September 28, distributing 4,600 Hypurr NFTs to restore market confidence. This initiative coincided with the temporary decoupling of its staking governance token kHYPE from WHYPE, with the exchange rate once falling to a dangerous level of 0.8802, raising concerns in the market about platform stability.

In the past week, the cryptocurrency market experienced a bloodbath, with over $1 billion in daily liquidations shocking the market, alts leading the big dump, and Bitcoin (BTC) closely following, nearly wiping out all gains from September. In the aftermath of this shock, mid-cap Tokens performed outstandingly, leading the rise charts for the past week. MYX Finance (MYX), Zcash (ZEC), and Aster (ASTER) became the top three in weekly gains; while Pump.fun (PUMP), Story (IP), and Pi (PI) recorded significant falls.

Ripple (XRP) is at a critical technical breakthrough point. As the XRP Ledger (XRPL) successfully enters the global top ten DeFi blockchains, the monthly stablecoin trading volume has surpassed 1 billion USD. Market analysts forecast that XRP is expected to hit a high of 5 USD by the end of the year. Meanwhile, the U.S. Securities and Exchange Commission (SEC) is accelerating the approval process for spot ETFs, bringing new opportunities for institutional funds to get on board with XRP. Multiple favourable factors may trigger a new wave of explosive price action for Ripple.

As we approach the final countdown of the last hundred days to 2025, the price of Bitcoin has stagnated around $109,000, down about 12% from the historical high set in August. The year-end target of $200,000, once widely recognized by the market, now seems to be rapidly becoming an unattainable dream. What factors have caused the shift in market sentiment? Does Bitcoin still have a chance to reach new highs before the end of the year?

The native token of Cardano, ADA, is facing a resistance ceiling that has not been broken for years. AI predictive analysis indicates that the upcoming three core technological upgrades—Project Acropolis, the adoption of Hydra, and the layer expansion of Ouroboros Leios—will determine whether the market narrative for ADA can be reset, with the potential to push the price towards $3 by 2027. The market's reward for ADA will be reflected in verifiable execution and user impact, rather than hollow promises. Each upgrade is interdependent, from increasing development speed to achieving real user-visible scalability effects.

New York City Mayor Eric Adams announced a shocking statement suspending his re-election campaign, bringing significant variables to the political landscape of the largest city in the United States. The mayor, who once received his salary in Bitcoin and actively promoted the development of Crypto Assets, was forced to withdraw from the race due to campaign funding difficulties and ongoing media speculation, creating a storm on the political stage of New York City.

Bitcoin (BTC) started strong this week, reporting around $112,230 on September 29. Apple CEO Steve Cook revealed that he holds Bitcoin and Ether, but has no plans to invest Apple’s $200 billion cash reserve in Bitcoin or other encryption assets. Durov claimed that French intelligence services requested Telegram to review content related to the Moldova elections. ARK Invest CEO Cathie Wood compared Hyperliquid with early commitments to Solana, calling it a "Newbie."

As the momentum for the reshaping of the global financial system continues to grow, analysts at Deutsche Bank predict that by 2030, Bitcoin is expected to rank alongside gold as a reserve asset on Central Bank balance sheets. The backdrop for this prediction includes significant shifts in geopolitics and monetary policy, as well as increased institutional demand for non-traditional stores of value. In particular, the Trump administration's proposal earlier this year to establish a U.S. strategic Bitcoin reserve has greatly accelerated discussions within Central Banks about Bitcoin as a reserve asset. Analysts point out that Bitcoin's low correlation with traditional assets and its characteristics as a store of value make it uniquely attractive to institutions.

At the DAC event held in mainstream CEX in Latin America in 2025, Dan Reecer from the cross-chain protocol Wormhole publicly criticized stablecoin issuers Tether and Circle, accusing them of earning huge Interest by holding 100s of billions of USD in U.S. Treasury bonds in a high Interest Rate environment without sharing any profits with users. Tether's net profit for the second quarter reached a staggering 4.9 billion USD, with the company's valuation soaring to 500 billion USD, while Circle's USDC faces similar scrutiny. This controversy highlights the inequality in the stablecoin business model and may drive users to emerging profit-sharing platforms, reshaping the industry landscape.