News

BlockBeats News, June 2nd, Whale "Sets 10 Big Goals First" revealed a closed Bitcoin short position on Exchange X, with a profit of $3.3 million from this shorting round. The screenshot shows that the order was opened on May 28th at $73,000, with a 4x leverage short position of 2,739.071 BTC, and was closed yesterday at an average price of $71,834.9.

BlockBeats News, June 2nd, according to an official announcement, the Solana ecosystem perpetual contract trading platform Pacifica announced that to celebrate the continuous new high of the Hyperliquid native token HYPE, which is also Perp DEX, the platform has increased the fee reduction ratio for HYPE trading to 74.5%. This ratio corresponds to the previous high price of 74.5 US dollars for HYPE, and users trading HYPE can enjoy approximately a 75% fee discount. In addition, in response to the recent fluctuation in commodity prices due to the US-Iran geopolitical conflict, Pacifica has launched a Global Monitor to help users track related developments in real-time.

Foresight News reports that consulting firm WTW (NASDAQ: WTW) has announced the acquisition of end-to-end cryptocurrency insurance platform Redefind, with the specific acquisition amount undisclosed. As part of the acquisition, Redefind founders Richard Daws and Connor Edward joined an exchange after the deal was completed. The service will first be launched in the UK, with plans to expand its market and product range afterwards.