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08:55
Machi deposited 500,000 USDC into HyperLiquid again to increase his ETH long position.
BlockBeats news, on March 27, according to monitoring by Onchain Lens, "Maji" once again deposited 500,000 USDC into HyperLiquid to increase its 25x leveraged ETH long position.
08:46
Mixin expands gas subsidy program to make multichain transfers easier
Mixin is expanding its gas subsidy program so users can move assets across supported blockchains with effectively no net transaction cost. The platform says users still pay gas upfront, but those fees are reimbursed to their wallets at the start of the following month. Mixin is trying to make crypto feel less like infrastructure and more like everyday software. Founded in 2017, the open-source network combines a self-custodial multichain wallet with an encrypted messenger built on the Signal Protocol, and says it now serves more than 1 million users with over $1 billion in user-managed assets. That broader push toward simpler, more private digital asset use is also the backdrop for its latest product move: a wider gas subsidy program for onchain transfers. Mixin is widening its gas reimbursement model The Hong Kong-based platform said it is expanding the subsidy system it first introduced in 2025. Under the model, users can import external Web3 wallets into the Mixin ecosystem, execute transfers across supported chains, pay the required gas fees as usual, and then receive those costs back in full at the beginning of the next month. That may sound like a simple rebate, but in practice, it targets one of crypto’s oldest usability problems. Gas fees do not matter much when someone is moving a size. They matter a lot when users are making smaller, more frequent transfers and do not want the fee layer to eat into the utility of the transaction. Mixin is clearly betting that reimbursing those costs can make multichain usage feel more normal. “Our goal has always been to make cryptocurrency as simple and private as sending a text message,” co-founder Cedric Fung said in the announcement. He described gas fees as “one of the biggest barriers to everyday crypto usage.” Privacy and wallet imports remain central to the product Mixin said the subsidy applies to transfers involving imported Web3 wallets and currently covers major networks and assets, including BTC, ETH, and SOL. The company also said there are no current limits on transaction count or transfer size under the program. At the same time, it drew a line between this reimbursement model and activity inside its own Privacy Wallet. Transfers within that environment remain natively fee-free and settle instantly through Mixin’s decentralized network, separate from the subsidy mechanism used for external onchain transactions. The bigger strategy is not just about cheaper transfers. Mixin continues to position itself around encrypted communication, self-custody, and multichain coordination. Fung summed that up more broadly in the release, saying, “The future of finance is social, private, and multi-chain.”
08:43
If bitcoin drops below $66,000, the cumulative long liquidation amount on major CEXs will reach 607 million.
ChainCatcher reports, according to Coinglass data, if Bitcoin falls below $66,000, the total long liquidation intensity on major CEXs will reach $607 million. Conversely, if Bitcoin breaks above $69,000, the total short liquidation intensity on major CEXs will reach $638 million. Note: The liquidation chart does not show the exact number of contracts waiting to be liquidated, nor the precise value of contracts being liquidated. The bars on the liquidation chart actually display the relative importance of each liquidation cluster compared to adjacent liquidation clusters, i.e., the intensity. Therefore, the liquidation chart demonstrates to what extent the market will be affected when the underlying asset price reaches a certain level. Higher "liquidation bars" indicate that once the price reaches that point, there will be even stronger reactions driven by liquidity waves.
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