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Outdated algorithm caused $650M excess losses on Hyperliquid, report

Gauntlet’s Tarun Chitra claims “greedy” ADL led to excess Hyperliquid losses, and describes a new “risk-aware pro-rata” ADL algorithm.

New Binance CEO Yi He already had her phone hacked

With an estimated budget of just a few thousand dollars, a hacker overtook Binance co-CEO Yi He’s WeChat to pump and dump a memecoin.

A map of Binance’s seven-year history of globe-trotting office relocations shows a sprawling empire of exotic jurisdictions.

Yi He, the newly appointed co-CEO of Binance, is CZ’s family office co-manager and the mother of his children.

Traders have created and gambled millions of dollars on hundreds of memecoins that they attributed to Binance founder CZ.