News Heat Trend
Project Overview
100x is a decentralized exchange (DEX) built on BLAST, designed to provide a fast perpetual and spot trading experience with support for cross-margin self-custody accounts.
Connecticut Attorney General Issues Crypto Alert as Investor Loses $200,000
Odaily News: Connecticut Attorney General William Tong and State Banking Commissioner Jorge Perez issued a consumer alert on September 3 stating that a resident deposited $200,000 into an unregulated DeFi crypto trading platform following suspected deception, and the funds are currently unrecoverable.The alert lists seven offshore DeFi platforms—GMX, Gains Network, dYdX, Aevo, Drift Protocol, Vertex Protocol, and Hyperliquid—but does not specify that the resident used any of them.Connecticut officials noted that some platforms offer leverage of 50x, 100x, and up to 250x; the related perpetual contracts also involve risks associated with liquidation, funding rates, smart contracts, and oracles.The alert also covers perpetual contracts linked to Apple, Tesla, Nvidia, and SpaceX, stating that these correspond to synthetic prices rather than actual stocks. Officials remind residents to verify the registration status of crypto services, retain transaction and communication records, and promptly report suspected scams. (Bitcoin.com News)
BitMEX Faces Class Action Lawsuit, Users Claim 622.66 BTC in Damages
Odaily Odaily News Crypto derivatives platform BitMEX is facing a proposed class action lawsuit, with BKX Services Inc. and David Namdar filing a complaint in the U.S. District Court for the Southern District of New York. The plaintiffs allege they incurred combined losses of 622.66 BTC from forced liquidations on BitMEX, with BKX claiming losses of at least 305.81 BTC and Namdar claiming losses exceeding 316.85 BTC. The complaint alleges that BitMEX's internal trading desk had access to customers' private information and could continue trading during periods when the server was frozen and regular users were unable to access or close positions. The plaintiffs further claim that BitMEX allowed customers to use leverage of up to 100x and would automatically liquidate positions when the collateral value was still twice the loss amount, with the remaining BTC entering the platform's insurance fund. The plaintiffs are seeking the return of the allegedly withheld Bitcoin, as well as compensatory and punitive damages. They intend to represent U.S. customers who purchased BTC swap products since July 23, 2018. On the same day the lawsuit was filed, BitMEX announced that following a strategic review by its owner, HDR Global Trading, it will cease providing services on September 23, has already stopped accepting new registrations, and plans to prohibit users from opening new positions starting August 26.
CZ: Regrets BitMEX Didn't Survive the "War on Crypto"
CZ expressed regret over BitMEX's closure announcement, recalling that BitMEX pioneered the 100x leveraged perpetual contract in the crypto market in 2014, driving industry development.CZ noted that BitMEX only supported BTC deposits and single-chain operations at the time, and adopted a once-daily, multi-signature wallet batch withdrawal process. These seemingly inconvenient designs, he said, actually helped the platform avoid hacker attacks over the long term.He also mentioned that BitMEX's four co-founders admitted to violating the Bank Secrecy Act (BSA) one month before their trial, each being fined $10 million and sentenced to home detention, with no prison time. However, CZ believes that BitMEX's business ultimately couldn't withstand the "War on Crypto" during the Biden administration.In conclusion, CZ stated that BitMEX is currently winding down in an orderly fashion, users can still withdraw assets, and he paid tribute to co-founder Arthur Hayes.
A trader turned $24,000 into $275,000 on Aster in less than a month, a return of roughly 11x
Odaily News: According to Lookonchain monitoring, an address on Aster_DEX turned $24,000 into $275,000 in less than a month, achieving an 11x return. The address deposited $24,000 into Aster and used up to 100x leverage to go long on Bitcoin, ETH, and LINK, realizing over 10x gains on each trade. The address has withdrawn $91,000 in profits and still holds $184,000 on Aster.
CZ: Regrets BitMEX Didn't Survive the "War on Crypto"
CZ expressed regret over BitMEX's closure announcement, recalling that BitMEX pioneered the 100x leveraged perpetual contract in the crypto market in 2014, driving industry development.CZ noted that BitMEX only supported BTC deposits and single-chain operations at the time, and adopted a once-daily, multi-signature wallet batch withdrawal process. These seemingly inconvenient designs, he said, actually helped the platform avoid hacker attacks over the long term.He also mentioned that BitMEX's four co-founders admitted to violating the Bank Secrecy Act (BSA) one month before their trial, each being fined $10 million and sentenced to home detention, with no prison time. However, CZ believes that BitMEX's business ultimately couldn't withstand the "War on Crypto" during the Biden administration.In conclusion, CZ stated that BitMEX is currently winding down in an orderly fashion, users can still withdraw assets, and he paid tribute to co-founder Arthur Hayes.
From retail investor to one of the top U.S. stock market players with $7.7 million in trading volume—“U.S. Stock Trading King” turns $30,000 into 100x returns
According to Hyperinsight’s monitoring, the most outstanding U.S. stock trading address on Hyperliquid—dubbed the “U.S. Stock Trading King”—entered the U.S. stock trading arena in early April with a principal of approximately $30,000, initiating a long position in INTC (Intel), and subsequently scaled up its position continuously through rolling positions.
Humanity hacker has minted 300 million H and cashed out $34 million
According to monitoring by on-chain analyst Ember, the "private key leak" has allowed the minting and dumping of H to continue for 13 hours. The so-called "hacker" is still able to mint H on the BSC chain and sell it off, draining every last cent from the pools. The "hacker" has minted 300 million H and sold a total of approximately 450 million H, cashing out $34 million (ETH+BNB). The H pool on BSC has been drained to just $13 in liquidity, and the price of H has plummeted 99.9% to $0.0009. Meanwhile, the perpetual contract price on CEX stands at $0.09, a 100x difference. In essence, they have de-pegged into two unrelated tokens.
CZ: Regrets BitMEX Didn't Survive the "War on Crypto"
CZ expressed regret over BitMEX's closure announcement, recalling that BitMEX pioneered the 100x leveraged perpetual contract in the crypto market in 2014, driving industry development.CZ noted that BitMEX only supported BTC deposits and single-chain operations at the time, and adopted a once-daily, multi-signature wallet batch withdrawal process. These seemingly inconvenient designs, he said, actually helped the platform avoid hacker attacks over the long term.He also mentioned that BitMEX's four co-founders admitted to violating the Bank Secrecy Act (BSA) one month before their trial, each being fined $10 million and sentenced to home detention, with no prison time. However, CZ believes that BitMEX's business ultimately couldn't withstand the "War on Crypto" during the Biden administration.In conclusion, CZ stated that BitMEX is currently winding down in an orderly fashion, users can still withdraw assets, and he paid tribute to co-founder Arthur Hayes.
Humanity hacker has minted 300 million H and cashed out $34 million
According to monitoring by on-chain analyst Ember, the "private key leak" has allowed the minting and dumping of H to continue for 13 hours. The so-called "hacker" is still able to mint H on the BSC chain and sell it off, draining every last cent from the pools. The "hacker" has minted 300 million H and sold a total of approximately 450 million H, cashing out $34 million (ETH+BNB). The H pool on BSC has been drained to just $13 in liquidity, and the price of H has plummeted 99.9% to $0.0009. Meanwhile, the perpetual contract price on CEX stands at $0.09, a 100x difference. In essence, they have de-pegged into two unrelated tokens.
Bitget Lists EURUSD, USDJPY, and GBPUSD Forex Perpetual Contracts
Odaily News, according to an official announcement, to meet users' diversified investment needs, Bitget has listed EURUSD, USDJPY, and GBPUSD forex perpetual contracts. These contracts are settled in USDT, support up to 100x leverage, and offer 7×24-hour trading.
Bybit launches perpetual contracts for major forex pairs with up to 100x leverage
Odaily News, Dubai-based cryptocurrency exchange Bybit has launched USDT-settled forex perpetual contracts covering three major currency pairs: EUR/USD, GBP/USD, and USD/JPY. The contracts support 24/7 trading with up to 100x leverage available.These contracts have no expiry date, with all profits and losses settled in USDT. Traders simply track the price movements of the underlying currency pairs without taking ownership of the corresponding currencies. The product has been added to Bybit's TradFi Perpetuals lineup launched in April, which currently covers over 200 assets including stocks, commodities, ETFs, and pre-IPO companies. (Cointelegraph)
Bybit launches 100x leverage forex perpetual contracts
Bybit has announced the launch of USDT-margined forex perpetual contracts with up to 100x leverage. The product covers major G10 currency pairs such as EUR/USD, providing a 24/7 uninterrupted trading experience, and aims to further expand its footprint in the traditional financial sector.
Bybit lists EURUSD, GBPUSD, and USDJPY forex perpetual contracts today.
Bybit today added three forex perpetual contracts: EURUSDUSDT, GBPUSDUSDT, and USDJPYUSDT, supporting up to 100x leverage.
Gate Exclusively Launches 5x and 10x Leverage for Gold CFDs, Building a Comprehensive 5x–500x Multi-Leverage Trading System
Odaily News, according to the official announcement, Gate's CFD XAUUSD gold contracts have now introduced 5x and 10x leverage tiers exclusively across the network, further enriching the leverage options available for gold CFDs. Following the upgrade, Gate gold CFDs support multiple leverage levels including 5x, 10x, 20x, 50x, 100x, 200x, and 500x, allowing users to flexibly choose based on market conditions, capital scale, and their own risk tolerance.In addition, Gate gold CFDs support two-way trading and USDT settlement, and offer risk management tools such as take-profit and stop-loss orders to help users trade gold with greater flexibility.
Long.xyz Co-founder: Committed to RWA Pairings Only, Next Phase Goal Is Further Scaling Up
Odaily News: Nate, co-founder of Long.xyz, stated on the X platform that Long.xyz will continue to build related assets and products around Robinhood Chain, adhering to the "RWA pairings only" development direction, which focuses on RWA asset pairings. He believes this model is expected to create a brand-new asset class and further bridge on-chain assets with the real world.Nate stated that both BONER and MEME experienced rapid growth after their launches, and continued to develop after their initial surges, with the liquidity of related assets continuously deepening. He believes that Long.xyz's RWA pairing model has been preliminarily validated, is still in its early stages, and the next phase goal is to further expand scale and move toward "100x" growth.
Related news
Yilihua: Future profit opportunities include major cryptocurrency swing trading, trading Infra, and IPO on-chain
Yilihua posted on X stating that rate hike expectations have emerged over the past two days, and the market direction has become divergent. Now that bearish news has appeared, there are two possible scenarios ahead. One is an actual rate hike, in which case the price would briefly drop below 76,000 and continue ranging at lower levels before rising again. The other is no rate hike, in which case the price would continue to rise. Either way, spot trading without leverage is optimal. Today, at a business school exchange in Shenzhen, several opportunities for the next three years were discussed. One is mainstream BTC/ETH spot with roughly 4x potential, and with active swing trading, striving for 10x. Another is trading Infra, which still offers 100x opportunities—the core demand of blockchain is trading. The last is the IPOs defined by CZ, where stocks and IPOs go on-chain, bringing truly dark-horse quality assets and marking the complete end of the former white paper Token era.
Bitget Lists EURUSD, USDJPY, and GBPUSD Forex Perpetual Contracts
Odaily News, according to an official announcement, to meet users' diversified investment needs, Bitget has listed EURUSD, USDJPY, and GBPUSD forex perpetual contracts. These contracts are settled in USDT, support up to 100x leverage, and offer 7×24-hour trading.
Bybit launches perpetual contracts for major forex pairs with up to 100x leverage
Odaily News, Dubai-based cryptocurrency exchange Bybit has launched USDT-settled forex perpetual contracts covering three major currency pairs: EUR/USD, GBP/USD, and USD/JPY. The contracts support 24/7 trading with up to 100x leverage available.These contracts have no expiry date, with all profits and losses settled in USDT. Traders simply track the price movements of the underlying currency pairs without taking ownership of the corresponding currencies. The product has been added to Bybit's TradFi Perpetuals lineup launched in April, which currently covers over 200 assets including stocks, commodities, ETFs, and pre-IPO companies. (Cointelegraph)
Bybit launches 100x leverage forex perpetual contracts
Bybit has announced the launch of USDT-margined forex perpetual contracts with up to 100x leverage. The product covers major G10 currency pairs such as EUR/USD, providing a 24/7 uninterrupted trading experience, and aims to further expand its footprint in the traditional financial sector.
Bybit lists EURUSD, GBPUSD, and USDJPY forex perpetual contracts today.
Bybit today added three forex perpetual contracts: EURUSDUSDT, GBPUSDUSDT, and USDJPYUSDT, supporting up to 100x leverage.
Gate Exclusively Launches 5x and 10x Leverage for Gold CFDs, Building a Comprehensive 5x–500x Multi-Leverage Trading System
Odaily News, according to the official announcement, Gate's CFD XAUUSD gold contracts have now introduced 5x and 10x leverage tiers exclusively across the network, further enriching the leverage options available for gold CFDs. Following the upgrade, Gate gold CFDs support multiple leverage levels including 5x, 10x, 20x, 50x, 100x, 200x, and 500x, allowing users to flexibly choose based on market conditions, capital scale, and their own risk tolerance.In addition, Gate gold CFDs support two-way trading and USDT settlement, and offer risk management tools such as take-profit and stop-loss orders to help users trade gold with greater flexibility.