Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

Flash
  • 03:15
    An Ethereum whale transferred 500 million USDT from Stable across chains to repay debts on Aave.
    according to Emmett Gallic's monitoring, this early Ethereum whale associated with the cryptocurrency exchange BTSE settled its debt on the decentralized lending platform Aave after transferring 500 million USDT out of Stable via cross-chain. It is currently unclear why this entity initially invested funds into the Concrete liquidity pool. The entity's current collateral assets on the Aave platform include 278,000 Ethereum (worth 886 million USD) as well as a 10-year long position of 447,000 Ethereum (worth 1.3 billion USD).
  • 03:15
    The Hyper Foundation proposes to consider the HYPE held by the Aid Fund as burned, permanently removed from circulation and total supply
    BlockBeats News, December 17th, the Hyper Foundation posted on social media proposing a validator vote to formally acknowledge that the Aid Fund HYPE has been burned and these tokens will be permanently removed from circulation and total supply. As background, the Aid Fund automatically converted transaction fees to HYPE during the L1 execution process. Similar to a burn address, the Aid Fund's system address has never had a private key controlling its funds. Unless there is a hard fork, the funds are theoretically unrecoverable. A "yes" vote indicates that validators agree to burn the Aid Fund HYPE tokens. Since these tokens have existed in a system address without a private key, no on-chain action is required. This vote constitutes a binding social consensus that will never authorize any protocol upgrade to access this address.
  • 03:09
    Risc Zero has recently announced the shutdown of its official hosted proof service, as Boundless Network simultaneously enters a fully decentralized new stage.
    BlockBeats News, December 17th, Recently, Risc Zero announced the shutdown of its official hosted proof service, and the Boundless Network has entered a fully decentralized new stage, signaling the universal ZK proof market's complete transition to a fully open, decentralized, market-driven state. Risc Zero had officially provided zero-knowledge proofs to help developers access zero-knowledge computing capabilities without the need to build their hardware. With Boundless Network's functionality and verification capabilities gradually maturing, proof requests will now be handled by independent nodes in the Boundless Network, aligning the proof mechanism with blockchain features built on resilience and neutrality. Boundless: Open Proof Market Fully Decentralized Boundless is designed as a universal ZK proof market for multi-chain and application-oriented purposes, where any chain or application can have Boundless provide zero-knowledge proofs to enhance scalability and interoperability. The network employs mechanisms such as "Proof of Verifiable Work" (PoVW), rewarding Provers based on their actual computational effort. This creates a competitive environment that incentivizes provers to generate proofs faster and at a lower cost, benefiting all chains with efficient, user-friendly zero-knowledge proofs.
News
© 2025 Bitget