☀️ (2025.08.28) Summary and Comments on Major Cryptocurrency News Have a great day today! 1️⃣ New stability mechanism launched after Hyperliquid XPL liquidation show 📌 (Summary) - XPL price suddenly surged 2.5 times - Liquidation occurred for hedging users on Hyperliquid - A whale liquidated traders' positions by buying in - Hyperliquid claims there are no technical issues - Two updates are being implemented in response - One is to set a maximum limit of x10 on pre-market prices - The second is that mark price will start utilizing external futures data ✏️ (Personal Comment) - Since Hyperliquid claims there are no technical issues, - the probability of compensation seems low - However, now that the pre-market mark price will start including external futures prices, - there is a possibility that liquidations will decrease - Still, I personally think trading in the pre-market on Hyperliquid is risky Original link ( 2️⃣ Developing its own blockchain for Google Cloud payments 📌(Summary) - Google Cloud is developing its own blockchain called GCUL - This is a Python-based contract blockchain - Currently in the private testnet phase, allowing multiple markets to use a single API - Additionally, it is a private, permissioned blockchain rather than a public one ✏️ (Personal Comment) - We are in an era where various chains from different companies are emerging - Since it's a private blockchain, it probably won't matter much to me, - but looking at this, the biggest beneficiaries will be those connecting various chains - I have a hunch that Wormhole and LayerZero might become significant in the future Original link ( 3️⃣ Aave Labs launches Horizon, providing RWA collateralized institutional stablecoin loans 📌 (Summary) - AAVE announces the official launch of Horizon - This is an institutional platform where stablecoins can be loaned based on RWA - Registered institutional RWA assets can be loaned as USDC, RLUSD, etc. - Initial partners include Centrifuge, Superstate, Circle, Ethena, etc. - It aims to provide new utility to $25 billion of RWA assets on-chain ✏️ (Personal Comment) - This is a well-timed launch - If various institutions can loan stablecoins using RWA assets as collateral, - could this lead to immediate on-chain demand for RWA assets? - The future for AAVE looks bright as RWA continues to grow~ - We are increasingly seeing various apps and chains being created in a mixed form of Web2 and Web3 - It might be worth looking into the potential of asset issuance platforms in the RWA space? Original link ( 4️⃣ MetaMask launches social login feature, allowing users to log in with Google or Apple accounts 📌 (Summary) - MetaMask users can now log in using Google and Apple accounts - Simplified access without a seed key - Emphasizes that recovery is impossible if users lose their passwords or accounts ✏️ (Personal Comment) - MetaMask is gradually evolving towards wallet abstraction - Recently, MetaMask has been pushing a lot of updates, - I wonder if they are preparing for tokens or if there is a new goal - In about 1-2 years, your Google or Apple account might become as important as your wallet seed key - And I think we might enter an era where many wallets are hacked through those accounts - Let's be sure to pay attention to the security of all social login accounts like Google and Apple while using these features! Hearts and likes are a great support for BQ content 🤩 #CryptocurrencyNews #CoinNews #Cryptonews #BTC #ETH