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Eric Adams Counts On Crypto to Challenge Zohran Mamdani in the NY Mayoral Race
Eric Adams Counts On Crypto to Challenge Zohran Mamdani in the NY Mayoral Race

Mayor Eric Adams is betting big on crypto donors to defeat Zohran Mamdani, but the strategy could backfire with Democrats in NYC. The outcome may shape the party's broader stance on crypto nationwide.

BeInCrypto·2025/07/14 07:41
Matching Engine 101: The Challenges of Matching Orders Quickly and Reliably
Matching Engine 101: The Challenges of Matching Orders Quickly and Reliably

The centerpiece of every financial exchange is its matching engine. This is what allows traders to enter and exit markets, buying and selling at the best price currently available. As their market orders are filled from the limit orders of other traders in the order book, the balance between the best available buy/sell prices adjusts, &hellip; <a href="https://beincrypto.com/matching-engine-101-the-challenges-of-matching-orders-quickly-and-reliably/">Continued</a>

BeInCrypto·2025/07/14 07:36
Flash
  • 04:06
    Hacker Who Stole Funds from an Exchange User Buys 38,126 SOL at an Average Price of $208.7
    According to a report by Jinse Finance, monitoring by EmberCN shows that in the past hour, the “hacker who stole funds from a certain exchange user” swapped 7.957 million DAI for USDC, bridged the funds to Solana, and purchased 38,126 SOL at a price of $208.7 each. This hacker previously sold 26,347 ETH in May for 68.18 million DAI at an average price of $2,588; in July, spent 14.865 million DAI to repurchase 5,513 ETH at $2,696 each; and today spent 7.957 million DAI to buy 38,126 SOL at $208.7 each.
  • 03:55
    Linea: Status Network to Pioneer LINEA Token Yield Farming
    On August 24, it was reported that Linea officially announced that Status Network integrates native ETH yield, stablecoin yield, and commissions from native application fees, and will be the first to offer LINEA token yield farming. Users can deposit LINEA and SNT tokens to boost their LINEA token earnings. Previously, on August 20, 2024, it was reported that Status is collaborating with Consensys-backed Linea to launch a Layer 2 rollup solution. The two parties are jointly developing a Layer 2 network, called Status Network, which will run in parallel with Linea’s zkEVM chain. Contributors from Status will interact with Linea’s open-source code and actively participate in managing its codebase to maintain a parallel version.
  • 03:48
    Current Positions of the Three Major Bankrupt Contract Whales: AguilaTrade 40x Long on Bitcoin
    According to ChainCatcher, as monitored by HyperInsight, on August 24, the current positions of three major contract trading whales who previously went bankrupt (with losses in the tens of millions of dollars, resulting in their accounts being wiped out)—James Wynn, AguilaTrades, and insider trader @qwatio—are as follows: James Wynn has closed his 25x ETH long position and is currently holding a 10x DOGE long position worth approximately $240,000, with an entry price of $0.23963. His net loss over the past 30 days is $226,000. AguilaTrades has closed the 25x short position on ETH that was opened after ETH reached a new high, and is currently holding a 40x BTC long position worth approximately $2.82 million, with an entry price of $115,077 and a liquidation price of $113,640. His net loss over the past 30 days is $6.69 million. Insider trader @qwatio has closed his 3x XPL short position, holding 20,000 units, with an opening price of $0.5768 and a closing price of $0.517. On August 7, @qwatio’s ETH short position was liquidated; over the course of six months, he went from an initial capital of $3 million to a profit of $29 million, but ultimately lost everything, including his principal and profits.
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