Paradigm-backed Liquid raises $18 million in new funding to expand its 24/7 multi-asset trading platform
Liquid, a multi-asset trading platform backed by Paradigm, raised $18 million in Series Seed funding led by Left Lane Capital and Neo. The platform, offering crypto, equities, commodities, and prediction markets with up to 200x leverage, has processed $3 billion in trading volume since August launch. The new capital supports AI integration and market democratization efforts for retail traders.
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A crypto coalition releases technical proposal to save Aave users from a massive token exploit
DeFi United proposes a coordinated recovery plan for the Kelp DAO hack, which created 116,500 unbacked rsETH tokens worth $300 million. The coalition plans to restore rsETH backing with committed ETH and systematically unwind bad loans on Aave and Compound. Success requires governance approvals but could stabilize lending markets and recover approximately 13,000 ETH from Aave positions.
'Crypto Godfather' says bitcoin has not reached its bottom and a new all-time high is off the table for 2026
The early bitcoin investor and author of Bitcoin Supercycle says bitcoin needs to drop to about $57,000 sometime in October before beginning its ascent. A market analyst disagrees....
Tether develops modular bitcoin mining systems with Canaan in latest infrastructure push
Tether is building modular bitcoin mining systems with Canaan and ACME Swisstech to optimize costs, energy efficiency, and performance at industrial scale. The approach separates compute, power, and enclosure components for independent optimization and immersion cooling. This latest move reinforces Tether's aggressive mining infrastructure expansion, part of CEO Paolo Ardoino's goal to make Tether the world's largest bitcoin miner by end-2025.