Category Crypto

Emergency Action as Magic Internet Money (MIM) Depegs 50%

Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg.  “We’re acutely aware of the MIM depeg and are taking emergency actions to remedy the…

The 2036 Issue: Here Come The Sovereigns

Bitcoin Magazine The 2036 Issue: Here Come The Sovereigns By the year 2036, Bitcoin mining looks nothing like it did five years ago, much less ten. Long gone is the model of Bitcoin miners that dominated the landscape of the…

Can Traders Retain the Rally?

Hyperliquid’s HYPE token is down 22% from its $75 all-time high, bringing its 2026 uptrend to a key test of support. Market participation has cooled across the derivatives markets, while the spot flows show early signs of stabilization after strong…