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#crypto buyback

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How Optimism Crypto’s 17% Rally Puts $0.11 in Focus for OP Bulls
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How Optimism Crypto’s 17% Rally Puts $0.11 in Focus for OP Bulls

Key Highlights: The Binance hacker transferred 44.23 million OP (valued at $5.37 million) to a new address, prompting Binance to initiate asset buybacks via on-exchange and OTC channels. Optimism network activity expanded, with daily transaction counts surging 20% from 1 million to 1.20 million, bringing weekly transactions to 8.1 million. Following a price surge of ...

Hyperliquid’s $10.15M Token Burn Pushes HYPE to $93: What Lies Ahead
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Hyperliquid’s $10.15M Token Burn Pushes HYPE to $93: What Lies Ahead

Key Highlights Hyperliquid executed a major deflationary move by purchasing and permanently burning 112,580 HYPE tokens valued at $10.15 million. The buyback was funded from $14.5 million in USDC interest routed to the Assistance Fund on October 3 following its August activation, leaving roughly $4.4 million for future repurchases. HYPE responded by breaking past the ...