WazirX Restructuring Cleared in Massive Relief for $230M Hack Victims

⚪ Neutral
Singapore’s High Court has approved Zettai Pte. Ltd.’s restructuring scheme, clearing the path for the reopening of Indian crypto exchange WazirX less than a year after it was crippled by the largest hack on any crypto business in the country.The sanction order followed an August re-vote that saw 95.7% of...
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Recovery After $500B Crash Sets Stage for Q4 Rebound: Crypto Daybook Americas

📈 Bullish
By Francisco Rodrigues (All times ET unless indicated otherwise)A rapid and violent sell-off wiped more than $500 billion from crypto markets Friday, triggering forced liquidations, collapsing wrapped tokens, leading to nearly $20 billion in liquidations, and straining exchange infrastructure.The flash crash, described by Bitwise portfolio manager Jonathan Man as possibly...
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Hyperliquid’s HIP-3 Upgrade to Unlock Permissionless Perp Market Creation

📈 Bullish
Hyperliquid will activate its HIP-3 network upgrade on Monday, allowing anyone who meets onchain requirements to launch perpetual futures markets on the platform.An administrator announced in Hyperliquid’s Discord that the Oct. 13 upgrade will turn on HIP-3, adding that “there is no immediate change for users,” but deployers can create...
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