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Hyperliquid singles out Lighter as a direct competitor, with a former employee accused of being involved in the HYPE shorting incident

2 hours ago

**Hyperliquid Names Lighter as Direct Competitor; Addresses HYPE Insider Shorting Concerns** On December 23, Hyperliquid said in an official announcement it identifies Lighter as a direct competitor alongside Binance and Aster. The platform noted those three are operated by centralized orderers to manage transaction states, highlighting its own architectural edge: fully on-chain, run by 24 validators, and no hidden state. Lighter, meanwhile, centers on “verifiable execution” and a proof mechanism, offering auditability for its CLOB-style transaction structure. Competition between the two in decentralized trading infrastructure is ramping up. Separately, Hyperliquid addressed community concerns over a suspected insider shorting incident tied to its HYPE token. It stated the linked wallet belonged to a former employee fired in early 2024, whose actions had no connection to the team. The platform stressed strict internal HYPE transaction and compliance restrictions apply to employees and contractors.
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Yesterday, the US Ethereum Spot ETF saw a net inflow of $84.6 million, ending seven consecutive days of net outflows.

On December 23, Farside monitoring data revealed that U.S. Ethereum spot ETFs recorded a net inflow of $84.6 million yesterday, halting seven straight days of net outflows. The inflow included $53.7 million into ETHE and $30.9 million into Grayscale ETH.

1 minutes ago

Yesterday, the US Bitcoin Spot ETF saw a net outflow of $142.2 million, marking the third consecutive day of net outflows.

On December 23, Farside monitoring data indicates U.S. spot Bitcoin ETFs posted a net outflow of $142.2 million yesterday — marking the third straight day of net outflows. The breakdown is as follows: - BITB: Net outflow of $35.5 million - HODL: Net outflow of $33.6 million - GBTC: Net outflow of $29.0 million - Grayscale BTC: Net outflow of $25.4 million - ARKB: Net outflow of $21.4 million - FBTC: Net outflow of $3.8 million - BlackRock IBIT: Net inflow of $6.0 million This version uses concise, journalistic phrasing common in U.S. financial quick news, with clear formatting for the ETF breakdown and natural idioms like "straight day" (instead of "consecutive day") for casual clarity.

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Ghana Officially Legalizes Cryptocurrency Trading, Plans to Explore Gold-Backed Stablecoin

December 23rd — Ghana’s parliament has passed the *Virtual Asset Service Providers Act*, per a Monday announcement from the Ghanaian side. Under the legislation, individuals or institutions operating digital asset-related businesses must register with and be regulated by either the Bank of Ghana or the Ghana Securities and Exchange Commission, depending on the nature of their operations. Bank of Ghana Governor Johnson Asiama said the act lays the groundwork for licensing and regulating the virtual asset industry, ensuring emerging activities fit into a clear, accountable, and well-governed framework. In a prior speech, he noted the law means people will no longer face arrest for trading cryptocurrency, with the new framework’s goal to effectively manage associated risks. Data shows Ghana processed roughly $3 billion in cryptocurrency transactions between July 2023 and June 2024, and an estimated 17% of the country’s adults have used cryptocurrency. Looking ahead to 2026, Gh

1 minutes ago

Past 24 hours CEX Net Outflow of 15.2K ETH

December 23rd – Per Coinglass data, centralized exchanges (CEXs) recorded a cumulative net outflow of 15,200 ETH in the past 24 hours. The top three exchanges by ETH outflows were: · Binance: 26,300 ETH outflow; · Bybit: 2,616.43 ETH outflow; · Gate: 1,334.72 ETH outflow. Additionally, Kraken saw an inflow of 13,300 ETH, topping the inflow rankings.

1 minutes ago

If Ethereum drops below $2900, the total long liquidation volume on major CEXs will reach $630 million.

On December 23, Coinglass data shows that if Ethereum drops below $2,900, the total long liquidation value across major centralized exchanges (CEXs) will hit $630 million. Conversely, should Ethereum break above $3,100, the total short liquidation value for these top CEXs will reach $918 million. **BlockBeats Note**: Liquidation charts do not display the exact number or value of contracts subject to liquidation. Instead, the bars on these charts represent the **relative importance** of each liquidation cluster compared to neighboring clusters — in other words, their "strength." As such, the chart illustrates how impactful reaching a specific price level will be: a taller "liquidation bar" means the price hitting that level will trigger a more intense response due to a liquidity cascade.

1 minutes ago

BlackRock discloses holding 4534 ETH and 45.379 BTC

Per on-chain data, BlackRock’s address added 4,534 ETH and 45.379 BTC to its holdings 9 hours ago on December 23. The address’s total asset value now stands at $79.127 billion.

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