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DWF Labs: Willing to Help Projects Affected by Recent Flash Loan Attacks

5 hours ago

On October 11, Andrei Grachev, the managing partner of DWF Labs, stated: "If your project or business has been impacted by a recent flash crash, DWF Labs is willing to offer assistance. We can provide help to affected projects in various ways, such as capital infusion, investment, loans, or token buybacks."
Relevant content

After today's market crash, Tether and Circle have jointly issued an additional $1.75 billion in stablecoins.

On October 11th, according to the data from LookOnChain, following today's market crash, Tether and Circle jointly issued a total of $1.75 billion worth of stablecoins.

9 minutes ago

Today, over 6300 wallets were affected by a security breach on Hyperliquid, resulting in a total loss exceeding 1.23 billion USD.

On October 11th, as per the monitoring of LookOnChain, on the Hyperliquid platform, more than 1000 wallet addresses were almost wiped out during today's market flash crash. In total, more than 6300 wallets suffered losses, with a total loss exceeding 1.23 billion US dollars. 205 wallets lost more than 1 million US dollars, and more than 1070 wallets lost more than 100,000 US dollars.

9 minutes ago

「Pal」 Increases ETH Position and HYPE Long Position to $10.92 Million

On October 11th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), "Big Brother Ma Ji" Huang Licheng has augmented his positions in ETH and HYPE. The combined magnitude of these two positions has risen to a total of $10.92 million. There is $740,000 remaining in his Hyperliquid account, with the present margin usage rate at 82%. In addition, "Big Brother Ma Ji" has $960,000 in remaining funds in his on-chain disclosed address, along with funds in other unmarked addresses and on exchanges, suggesting that he is well-prepared. He currently holds a long position of 2,100 ETH with an entry price of $3,824 and a long position of 75,000 HYPE with an entry price of $39.6. Previously reported, "Big Brother Ma Ji" Huang Licheng, within 22 days, transitioned from a floating profit of $44.5 million to a current loss of $10.6 million in principal, resulting in a total loss of $55.1 million, all of which was due to his long

9 minutes ago

MET Trading Live on Binance Pre-Market, Currently Priced at $1.53, Fully Diluted Valuation Reaches $1.53 Billion

On October 11th, MET (Meteora) was included in Binance's perpetual contract trading. It witnessed a pre-market surge and reached a price of $1.6352. Currently, it is trading at $1.53, with a corresponding fully diluted valuation of $15.3 billion. Previously, Solana's ecosystem liquidity protocol Meteora announced the MET tokenomics. The total token supply is 1 billion. At the time of TGE (Token Generation Event), 48% of the total supply was in circulation. 20% of the tokens are allocated to Mercurial stakers. 15% are allocated to Meteora users (through the LP incentive program). 3% are allocated to Launchpads and Launchpool ecosystem. 2% are allocated to off-chain contributors. 3% are allocated to the Jupiter staking incentive program. 3% are allocated to centralized exchanges, market makers, etc. And 2% are allocated to M3M3 stakers. In the remaining allocation, 18% is reserved for the team and will vest over 6 years. 34% is allocated to the Meteora Reserve and will also vest over 6

9 minutes ago

Coinbase CEO: Will Conduct $5000 Limit Test for Its Crypto Debit Card Users

On October 11th, Brian Armstrong, the CEO of Coinbase, stated that starting from October 14th, they intended to conduct a $5000 limit test for users of their cryptocurrency debit card. They also planned to implement tiered transaction limits for low-risk users before the middle of next year, with the highest limit being $10,000 (or even $100,000).

9 minutes ago

DWF Partner: Market Liquidity Exhausted, Bitcoin and Strong Projects to Recover Soon

On October 11th, Andrei Grachev, the managing partner of DWF Labs, stated: "The market crash today was not caused by fundamental factors like the breakdown of FTX. Instead, it was due to the tariff announcement and the subsequent leveraged liquidation. Market liquidity has been drained, but Bitcoin and strong projects are likely to recover soon."

9 minutes ago