Backpack’s Bold Gambit: IPO Access for the Masses, or Mere Folly?

Backpack, already a name whispered with a mixture of admiration and skepticism for its management of fee-free FTX creditor claims and its acquisition of FTX EU’s assets (a move that has restored licensed trading in Europe, though whether this is a triumph or a mere stopping of the bleeding remains to be seen), now ventures further into uncharted waters.

Crypto Liquidations Hit $374M as Bitcoin Swings Trigger Long Wipeout and Short Squeeze

Sharp price swings across crypto derivatives markets triggered a wave of forced liquidations during the past 24 hours. Data from the derivatives tracker Coinglass shows that 115,781 traders lost positions as volatility ravaged major assets. As per market insights, total exchange liquidations reached a jaw-dropping $374.23 million. Bitcoin and Ether, ever the overachievers, account for most of the carnage.

AI Agents Laugh at Fiat Money, Pick Bitcoin as the Future of Cash

In these carefully crafted, blank-slate scenarios, 48.3% of responses couldn’t resist Bitcoin as the preferred monetary instrument-oh, the humanity! Not a single soul, not even a machine, chose fiat as their champion. The rest of the experiment was equally unforgiving to traditional currency, with a whopping 91% of the AI models casting their lot with Bitcoin. Fiat was, predictably, not even in the running.

10 Best PS1 JRPGs in Dire Need of a Port

Japan has a long history of revisiting its classic games, which is why we see so many remasters and re-releases of JRPGs compared to Western RPGs. I personally really appreciate this trend, as it lets me discover older games I missed out on and enjoy them with a fresh perspective.

Bitcoin’s Meteoric Rise: Where Will It Stop This Week?

The current rally is powered by none other than the cacophony of activity in derivatives markets, where an unexpected wave of bearish bets were unceremoniously liquidated. Yes, you heard that right-traders who placed their bets on Bitcoin’s demise are now scrambling to buy back, desperately trying to escape the wreckage of their own making.