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The BSCN Debrief — The BSCN Debrief: a daily newsletter from BSC News, recapping the most important crypto stories of the past 24 hours, plus quick briefs on the day's top articles.

Trader Suffers Over 2,100 Liquidations on Papertrade Platform

Cryptocurrency trader Jeffrey Huang has lost $2.22 million through more than 2,100 liquidations on Papertrade, a derivatives platform operating on Hyperliquid. Analytics firm Lookonchain tracked the losses, which occurred since the platform's October launch. Papertrade offers synthetic perpetual contracts with leverage reaching 1,000 times and provides PAPER token rewards when traders face liquidations, partially offsetting damage.

  • Bsc news brief
  • Crypto news
Trader Suffers Over 2,100 Liquidations on Papertrade Platform

XDC Network Offers Fast Stablecoin Payments for Small Exporters

XDC Network enables small businesses to receive cross-border payments in USDC within seconds for under one cent in fees, replacing traditional correspondent banking that can take five to ten days. Circle's USDC went live on the network in September 2025, alongside the Cross-Chain Transfer Protocol V2. The blockchain also supports Australian dollar stablecoin swaps and meets ISO 20022 bank messaging standards.

  • Bsc news brief
  • Crypto news
XDC Network Offers Fast Stablecoin Payments for Small Exporters

Subscribe to The BSCN Debrief

The BSCN Debrief: a daily newsletter from BSC News, recapping the most important crypto stories of the past 24 hours, plus quick briefs on the day's top articles.