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06:27

GT (GateChain) up 2.42% over the past 24 hours

Gate News message. On April 14, according to Gate Market Data, as of the time of writing, GT (GateChain) is currently trading at $6.75. Over the past 24 hours, it is up 2.42%, hitting a high of $6.85 and falling to a low of $6.59. The 24-hour trading volume reached $485.5k. The current market cap is approximately $736 million, ranking 92nd. GateChain is a new-generation public chain focused on securing users’ assets and decentralized trading. It features an original online hot insurance account and a settlement/clearing protection system, creatively addressing the industry’s core foundational issues, such as users’ digital assets being stolen, private keys being damaged and lost, decentralized trading, and cross-chain transfers. GateChain is an EVM-compatible Layer-1 blockchain, allowing developers to quickly deploy it at zero cost
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GT4,24%
03:17

A certain CEX saw its market value shrink by more than 50% this year and cut 30% of its workforce. It is reportedly considering converting the founders’ loans into equity.

A major cryptocurrency exchange’s market value has fallen by more than 50%, it has laid off 30% of its staff, and it is considering asking the founders to forgive several hundred million dollars in loans. It lost $585 million last year, plans to exit multiple markets, and senior executives have stepped down. The Winklevoss brothers have not yet said whether they support the proposal.
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BTC4,73%
02:32

Hyperliquid HLP incurs a $1.2 million loss on long positions due to taking over Fartcoin

On-chain analyst 0xMacroGuy noted that Hyperliquid HLP lost approximately $1.2 million due to a takeover by a malicious actor of a large Fartcoin long position, representing about a 0.35% drawdown. The attacker intentionally incurred losses after establishing a large amount of leverage, causing HLP to absorb greater losses. HLP’s current TVL is $420 million, and its APR over the past month was 0%.
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HYPE2,09%