GMX finalizes $44M payout to GLP holders affected by V1 exploit

If Bitcoin skyrockets to $1 million per coin, it wouldn't just make crypto investors rich—it would send shockwaves through the entire financial system. We're talking about a potential overhaul of how wealth is stored, how inflation is measured, and even how governments manage their currencies. Energy markets could get flipped upside down too, since Bitcoin mining consumes massive power. This isn't just a "what if" for crypto enthusiasts; it's a scenario that could rewrite the rules of money itself.

Ethereum has surged 29% recently, nearing its all-time high of $4,800. Currently trading at $4,662, it is experiencing record network activity with 1.87 million daily transactions, which could impact its price direction.

Editor’s Note: This surge in Ethereum's price and network activity is significant as it indicates growing investor interest and potential market momentum. Understanding these trends can help investors make informed decisions in the cryptocurrency space.

Bullish, a cryptocurrency exchange, had a remarkable debut on the NYSE, opening at $90 per share, a 143% increase from its IPO price of $37. The stock quickly gained attention, reaching a high of $102.44.

Editor’s Note: This IPO is significant as it highlights the growing interest and investment in cryptocurrency markets. Bullish's strong debut may encourage more companies in the sector to consider going public, potentially leading to increased market activity.

GMX has completed a $44 million compensation plan for GLP holders affected by a vulnerability in July. The final distribution was announced on August 13.

Editor’s Note: This compensation is significant as it addresses the financial impact on liquidity providers due to the exploit, showcasing GMX's commitment to its community and financial responsibility.

MetaMask has partnered with Linea and Brevis to introduce a rewards program for MetaMask card users, enhancing user experience with verifiable benefits.

Editor’s Note: This collaboration is significant as it leverages blockchain technology to provide tangible rewards, potentially increasing user engagement and satisfaction within the MetaMask ecosystem.