The exchange is adding new USD1 trading pairs and replaces BUSD collateral with the token.

The planned deal will bring Corbiere’s equity and event-driven strategies under Blockstream’s asset management arm.

The unrealized losses of the cryptocurrency ecosystem have recently climbed to approximately $350 billion. Among them, Bitcoin has unrealized losses of approximately $85 billion. With multiple on chain indicators showing a comprehensive contraction in liquidity, the market may enter a high volatility mechanism in the coming weeks. （glassnode）

[US SEC Chairman: Cryptocurrency Working Group to Hold Roundtable on December 15] Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), announced that the Cryptocurrency Working Group will hold a roundtable on Monday, December 15, to discuss policy issues related to financial monitoring and privacy. The event will be held in person and live-streamed on the SEC's official website.

'Machi' deposited $100,000 into Hyperliquid one hour ago to supplement margin, lowering the liquidation price to $3,130. Additionally, 'Machi' increased their Ethereum long position again, bringing the current position to 5,300 ETH, with a position value of approximately $16.756 million. Earlier tonight, 'Machi's Ethereum long position was partially liquidated again, with a liquidation size of 1,200 ETH.