An address opened a 25x leveraged ETH long position on Hyperliquid, worth $70.76 million

According to posts circulating among crypto communities, Galish reportedly took his own life after suffering massive trading losses during last […] The post Ukrainian Crypto Fund Co-Founder Allegedly Dies After Market Collapse appeared first on Coindoo.

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve

The post BullZilla, Cardano, WLF – Next 1000x crypto appeared on BitcoinEthereumNews.com. Crypto News Discover why BullZilla, Cardano, and World Liberty Financial are the next 1000x crypto. Join the BullZilla presale before prices surge. Cardano and World Liberty Financial are making waves in the digital finance landscape as investors prepare for the next big leap in the crypto cycle. Mounting fiscal uncertainty and rapid innovation in decentralized ecosystems are pushing the market into new, exciting directions. With blockchain adoption increasing globally, the next 1000x crypto are already gaining traction. Recent reports indicate that institutional money is moving toward projects with strong fundamentals and transparent development roadmaps. Cardano, known for its academic precision and layered architecture, continues to position itself as a leader in scalable decentralized applications. Meanwhile, World Liberty Financial (WLF) is pioneering the fusion of DeFi and real-world financial systems, making it a standout among emerging blockchain ventures. Amid this evolving landscape, one project has captured the spotlight for its explosive presale performance, BullZilla (BZIL). With each stage changing every 48 hours or after hitting $100,000, early investors are rushing to join what’s being called one of the next 1000x crypto. BullZilla (BZIL): The Presale Phenomenon Taking Over 2025 If 2025 is about explosive crypto launches, BullZilla ($BZIL) sits right at the center of the storm. With its dynamic mutation mechanism, each stage of the BullZilla presale increases in price either every 48 hours or after raising $100,000, ensuring that early investors reap the maximum rewards. Currently, BullZilla is in Stage 6B, priced at $0.00014574, with over 2800 holders and $860k raised with growing momentum across social media. Unlike typical meme coins, BullZilla introduces real tokenomics through its Roar Burn mechanism, which permanently destroys tokens from the supply with every milestone reached. This deflationary model drives scarcity and ensures sustainable growth, aligning with its goal to become one of the next…