Ethereum News Daily Official TheBitTimes.com

Hyperliquid gambler James Wynn claimed that Binance hasn’t posted its proof-of-reserves, implying the exchange was putting it off, before an unhappy Changpeng Zhao labeled his statement as “FUD.” The now-deleted tweet from the pseudonymous hyperliquid trader said, “BINANCE HAS STILL YET TO POST PROOF OF RESERVES ️️  Binance has notoriously posted their proof of reserves on the 1st of every month !!” The former Binance CEO responded, “Bruh… FUD,” clarifying that a snapshot of Binance’s proof of reserves is taken on the first of the month, but that it often takes a few days to publish it. Bruh… FUD. 4. Binance usually takes a few days to publish. Usually on 5th or 6th. The snapshot is taken on the first. Check the history properly please. Thank you for your attention to Binance. — CZ BNB (@cz_binance) July 4, 2025 FUD is an acronym for “Fear, uncertainty, and doubt.” Read more: Binance moved $8 billion off its proof-of-reserves...

Controversial Hyperliquid trader “James Wynn” has reportedly been gambling with over $20,000 in donations he said would help him “defeat the cabal.” According to blockchain analytics firm Arkham, the pseudonymous trader deposited the funds into Hyperliquid on Monday. This comes shortly after he lost in excess of $100 million through crypto derivatives trading. The deposit has given his Hyperliquid position -0.021% leg room, moving his liquidation price from $103,632 to $103,610. His new position, a $100 million bitcoin (BTC) long with 40X leverage, was made hours after supposedly taking a “break” from perpetual trading.  Wynn had previously made $100 million in profits before managing to lose it all and rack up $17 million in losses in the space of a few weeks. James Wynn has just deposited $20,460 of donated funds to his Hyperliquid account This moves his liquidation price from $103,632 to $103,610 (-0.021%) pic.twitter.com/n0rOTl79Pp — Arkham (@ark...