[Suspected Use of POPCAT Trading to Disrupt Hyperliquid] MLM posted on the X platform stating that approximately 13 hours ago, someone withdrew 3 million USDC from an exchange and distributed it across 19 wallets. Around 14:45 Central European Time, this individual went long on approximately $20 million worth of POPCAT at a price of $0.21. The combined long positions across the 19 wallets grew to approximately $30 million. Subsequently, the individual removed buy orders worth up to eight figures, causing liquidation of $20 million to $30 million worth of POPCAT long positions within seconds, which were then taken over by Hyperliquid. The price of POPCAT further declined, resulting in Hyperliquid incurring a loss of approximately $4.9 million and manually closing the position. MLM believes this action was a deliberate attempt to disrupt Hyperliquid.

Machi Big Brother has experienced 5 liquidations of ETH and UNI positions in the past hour, with a total loss exceeding $15.89 million and a remaining account balance of only $61783. （Lookonchain）

The move follows fellow Solana treasury firm Forward Industries making its stock available onchain.

The Graph adjusts the chain integration process by rewarding only chains with actual usage and active subgraphs to promote sustainable demand driven growth. In terms of quarterly data, the number of active subgraphs reached 15087, a month on month increase of 7.6%; Base has surpassed the Ethereum mainnet in query volume for the first time; The index reward increased by 29.6% month on month, from 63 million GRTs to 81.6 million GRTs. （Messari）

Only 8% -11% of assets in cryptocurrencies have passive returns, while the proportion in traditional finance is 55% -65%. Ethereum and Solana's liquid nature staking tokens (LSTs) are gaining attention. （Cointelegraph）