FRAX

Blockchain News

Three prominent crypto entities, Paxos, Frax Finance, and Agora, in a digital competition for the Hyperliquid USDH stablecoin issuance.
Blockchain News

Hyperliquid USDH: Fierce Stablecoin Battle Unfolds

September 7, 2025 coinpulse_staff

The decentralized finance (DeFi) world buzzes with exciting news. A fierce competition is underway for the issuance of Hyperliquid USDH, a crucial new stablecoin. This development signals a significant step for Hyperliquid, a high-performance perpetuals decentralized exchange (DEX). The platform plans to launch its native stablecoin, USDH. This move marks a pivotal moment for Hyperliquid’s […]

A visual representing the GMX exploiter returning FRAX tokens to the GMX wallet, symbolizing a rare positive turn in crypto security after a hack.
Blockchain News

GMX Exploiter’s Remarkable Return: $5.49 Million FRAX Sent Back After Devastating $42M Crypto Hack

August 16, 2025 coinpulse_staff

In a surprising twist that has sent ripples through the decentralized finance (DeFi) community, the notorious GMX exploiter, responsible for a staggering $42 million hack, has initiated a partial return of the stolen funds. This unexpected act of restitution, involving 5.49 million FRAX stablecoins, offers a rare glimmer of hope in the often-turbulent world of […]