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Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly

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Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract’s mark price to fall nearly 19%.

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Solana Foundation hires ex-Binance CMO and payments exec as new partnerships expand

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Rachel Conlan will oversee institutional partnerships and ecosystem growth, while Jamal Raees will focus on stablecoins and tokenized deposits, following a wave of new partnerships.

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Era of pure crypto exchanges is ending, Bybit CEO says

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Bybit’s global campaign positions it as a broader financial platform, though its stock, gold and forex derivatives were already available.

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HIFI raises $37M to expand stablecoin payments, tokenized markets

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HIFI CEO Zach Walsh told Cointelegraph the $37 million Series A is the company’s first priced funding round, though HIFI did not disclose its valuation.

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