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The Crypto Perp DEX Mania May Quickly Fizzle Out: BitMEX CEO


A competitive battle has erupted in the perpetual decentralized exchange (perp DEX) sector, with emerging platforms like Aster and Lighter significantly challenging Hyperliquid’s former dominance. But what do bosses of centralized exchanges say about the ongoing trend

Kraken Raises $500M at $15B Valuation, Fuels IPO Speculation


Kraken, a U.S.-based cryptocurrency exchange, has reportedly closed a $500 million funding round, reaching a valuation of $50 billion. The raise, which had participation of Arjun Sethi, co-CEO of Kraken, and Tribe Capital, a venture capital firm founded by Sethi himself, has fueled speculation...

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