Papertrade has tightened limits on new trading exposure for its synthetic Bitcoin and Ether contracts after alleging that prices on Hyperliquid, used as a reference, were targeted for manipulation. The platform initially allowed up to $1 billion in open interest per market and side, with individual positions capped at $10 million, but has now reduced these limits to prevent manipulation attempts. Papertrade’s contracts rely on the midpoint of Hyperliquid’s best bid and offer prices, linking contract values to external quotes even without matching positions on Hyperliquid. The new settings aim to make manipulation attempts nearly unprofitable, enhancing the platform's security and stability.
Papertrade's tightened trading limits follow allegations of price manipulation on Hyperliquid. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 12, 2026 01:01 WIB: out of 50 major cryptocurrencies, 35 rose and 14 fell today. Notable movers include XTZ (Tezos) up 3.47% at Rp5.511 with 100% buy orders, AVAX (Avalanche) up 3.43% at Rp193.915 with 71% buy orders, and COTI up 3.42% at Rp241 with 25% buy orders.
Stellantis revealed six concept cars from its iconic brands at an exclusive event before the Paris Motor Show, highlighting its FaSTLAne 2030 strategy focused on innovation, customer experience, and diverse mobility solutions. These concepts, includi...
Freenome announced improved clinical validation results for its updated SimpleScreen™ CRC blood test, showing an 18.2% sensitivity for advanced precancerous lesions (APLs), up from 13.7% in the original test. Sensitivity for high-grade dysplasia APLs...
BridgeBio Pharma announced that encaleret, a treatment for autosomal dominant hypocalcemia type 1 (ADH1), increased bone turnover and improved patient-reported symptoms in the Phase 3 CALIBRATE trial. 100% of patients on encaleret reported symptom im...
The Lightning Development Kit (LDK) released updates 0.2.7 and 0.1.13 to fix a vulnerability that allowed malicious peers to create conflicting channel states, potentially stealing Bitcoin from affected Lightning apps. The flaw enabled a peer to fals...
Tether recently unfroze $1.45 million USDT in four THORChain vaults on the TRON blockchain, restoring liquidity operations that had been disrupted. This move comes amid a steady increase in USDT supply, particularly on TRON, which has grown by nearly...
