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3,859,993,178 SHIB Shorts Liquidated in Surprise Crypto Rebound: What's Next?
Crypto Trends

3,859,993,178 SHIB Shorts Liquidated in Surprise Crypto Rebound: What’s Next?

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Crypto markets rebounded over the weekend as short covering fueled gains across altcoins.

Major altcoins, including Shiba Inu, have climbed in the last 24 hours, partially reversing last week’s sell-off. About $433.28 million in crypto liquidations were recorded in this time frame, mostly from short positions. According to CoinGlass data, $330 million were liquidated in short positions, while longs came in at $104.76 million.

At press time, SHIB was trading up 3% in the last 24 hours to $0.00001209. Shiba Inu surged to a high of $0.00001224 during Sunday’s trading session.

The move follows Saturday’s drop to a low of $0.00001172, catching shorts unaware. According to CoinGlass data, 3,859,993,178 SHIB in short positions have been liquidated in the last 24 hours.

Given that Shiba Inu has seen mixed price performance in recent hours, a substantial amount of long liquidations also occurred. A total of $91,880 in Shiba Inu positions were liquidated in the last 24 hours. Longs accounted for $46,310, and shorts came in at $45,570.

Big week ahead?

This week, investors are looking ahead to several economic releases, including a key jobs report.

The highlight of the week will be the nonfarm payrolls for September, set to be released on Friday morning by the Bureau of Labor Statistics.

Economists expect Friday’s jobs report to show 59,000 jobs added, and for the unemployment rate to remain steady at 4.3%, with a negative reading not being ruled out.

The report is expected to influence the path of monetary policy, with traders pricing in two more interest rate cuts for the rest of 2025, in line with what the Fed indicated in its last meeting.



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FCC accidentally leaked iPhone schematics, potentially giving rivals a peek at company secrets
Gaming Gear

FCC accidentally leaked iPhone schematics, potentially giving rivals a peek at company secrets

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The Federal Communications Commission (FCC) recently published a 163-page PDF showing the electrical schematics for the iPhone 16e, despite Apple specifically requesting them to be confidential. This was most likely a mistake on the part of the FCC, according to a report by AppleInsider.

The agency also distributed a cover letter from Apple alongside the schematics, which is dated September 16, 2024. This letter verifies the company’s request for privacy, indicating that the documents contain “confidential and proprietary trade secrets.” The cover letter asks for the documents to be withheld from public view “indefinitely.” Apple even suggested that a release of the files could give competitors an “unfair advantage.”

To that end, the documents feature full schematics of the iPhone 16e. These include block diagrams, electrical schematic diagrams, antenna locations and more. Competitors could simply buy a handset and open it up to get to this information, as the iPhone 16e came out back in February, but this leak would eliminate any guesswork. However, Apple is an extremely litigious company when it comes to stuff like patent infringement.

The FCC hasn’t addressed how this leak happened or what it intends to do about it. AppleInsider’s reporting suggested that this probably happened due to an incorrect setting in a database. This was likely not an intentional act against Apple, which tracks given that the company has been especially supportive of the Trump administration. CEO Tim Cook even brought the president a gold trophy for being such a good and important boy.



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Soulmask Shifting Sands DLC gets new trailer and release window
Esports

Soulmask Shifting Sands DLC gets new trailer and release window

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Today at the PC Gaming Show, CampFire Studio and Qooland Games announced that Soulmask, currently in Early Access, will fully launch in Q4 of 2025 alongside the Shifting Sand DLC.

Today at the PC Gaming Show, and following a milestone of over 700,000 players in Early Access, Soulmask revealed the highly anticipated launch trailer for Shifting Sands Egypt DLC, transporting players deep into a unique ancient Egyptian world that blends mysticism with sci-fi. Soulmask v1.0 and DLC will release together globally in Q4 2025.Presented in striking cinematic style, the trailer takes players on a breathtaking journey across desert sands, forgotten tombs, and temples steeped in the whispers of gods. From mind-bending aerial shots of golden dunes to daunting close-ups of new bosses and monsters, the reveal showcases a daring new blend of history, mythology, and sci-fi.

In Shifting Sands, ancient myths collide with alien technology. Players will equip the masks of Horus, Anubis, Amun-Ra, and Sobek, unleashing godlike abilities that may redefine combat and exploration. Anti-gravity solar ships hint at a new survival meta: Craft and assemble modular ships to traverse deserts, rivers, and the skies, expanding possibilities far beyond traditional sandbox play.

Together, these elements set the stage for the DLC’s key features:

Egyptian Gods’ Themed Masks – Each with unique, extraordinary abilities, such as Horus, the sky god, who can fly and control the sky; Anubis, the guardian of the underworld, who can resurrect; and masks incorporating alien technology that manipulate gravity for enhanced combat and exploration.

Anti-Gravity Solar Ships & Floating Bases – Modular construction with weight & module limits for strategic depth.

Harsh Survival in the Scorching Lands – Explore ancient Egyptian-inspired new biomes with dynamic day-night cycles and harsher survival challenges, fully immersing players in the style and atmosphere of Egypt’s legendary landscapes.

At its core, Soulmask: Shifting Sands draws inspiration from Ancient Egypt’s philosophy of the afterlife. The game’s central theme of “soul transfer” and “immortality through masks” echoes mummification rituals, Ra’s solar barque, and the eternal cycle of death and rebirth. This mythological depth intertwines with sci-fi mystery, inviting players to uncover how forgotten dynasties, alien relics, and divine power coalesce into one living mythos.

The DLC arrives as Soulmask reaches a milestone moment: its full 1.0 release. For a detailed look at the development journey and what’s new in version 1.0, check out the official developer log here.

The update introduces three game modes — Survival, Management, and Hero — giving players freedom to focus on exploration, tribe building, or high-stakes combat. Tribe AI is smarter and more specialized, with better job assignments and a new training system that lets tribesmen learn from each other. Players can issue text or even voice commands for a more immersive connection with their tribe. Mask progression has been reworked with a new tutorial and tribe-level system tied to “civilization rebuilding” quests, while the improved management interface offers real-time oversight of storage, production, and logistics. Together, these upgrades make Soulmask v1.0 the most advanced and feature-rich survival sandbox to date.

With over 80% positive reviews in Early Access, and the well-praised Sanxingdui DLC, with 95% positive reviews on Steam, Soulmask has cemented itself as a survival sandbox innovator. Now, with Shifting Sands, it takes aim at bridging historical authenticity and speculative science fiction in ways unmatched within the genre, setting it apart from peers in the genre.

Soulmask: Shifting Sands launches worldwide alongside Soulmask v1.0 in Q4 2025 for PC. Fans can experience the base game now in Early Access via Steam, now available at a 30% discount.

For more on Soulmask, stay tuned to GamingTrend.


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Hyperion Defi Hires Ex-Paypal To Bridge Tradfi And Defi
GameFi Guides

Hyperion DeFi Hires Ex-PayPal to Bridge TradFi and DeFi

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Hyperion DeFi, Inc. (NASDAQ: HYPD) has appointed former PayPal executive David Knox as its new Chief Financial Officer. 

The publicly traded company, based in Laguna Hills, California, announced the move on September 29 as part of a strategy to merge traditional financial products with the world of decentralized finance (DeFi). The news was also shared through the company’s official social media channels

Hyperion DeFi welcomes Paypal’s former Head of Capital Markets and Head of Finance for Global Credit & Financial Services as its Chief Financial Officer, effective immediately. $HYPD. More than just $HYPE.

Hyperliquid. https://t.co/0iY2BfJfjJ

— Hyperion (@HyperionDeFi) September 29, 2025

According to the announcement, the hire is a part of Hyperion’s plan to strengthen governance and position itself as a “bridge between Wall Street and the decentralized future.”

A traditional finance professional enters DeFi 

David Knox joins Hyperion DeFi from PayPal, where he was the Head of Capital Markets and Head of Finance for Global Credit and Financial Services. His career also includes roles at such as Cantor Fitzgerald, SoFi, and the Royal Bank of Scotland.

In a statement, Knox said he plans to use his “extensive industry connections across institutional finance,” particularly in structured products like asset-backed securities (ABS) and collateralized loan obligations (CLO), in order to bring these solutions on-chain. 

Hyperion’s strategic push for on-chain institutional finance

Hyperion DeFi is the first U.S. publicly listed company focused on building a strategic treasury of HYPE, the native token of the Hyperliquid blockchain. According to the press release, CEO Hyunsu Jung, Knox can help “accelerate our mission of moving institutional finance to Hyperliquid.”

As part of the hiring agreement, Hyperion DeFi granted Knox a restricted stock unit award of 100,000 shares. The company noted that the grant, which vests over one year, was an inducement material to his employment under Nasdaq Listing Rules.

Following the announcement, HYPD stock surged 11.6% to $10.68 in early trading on September 29, reflecting positive investor sentiment.

Broader implications for the DeFi industry

The traditional way of working could bring Wall Street experience basis to introduce ‘new’ sources of liquidity and transparency to the market. This can reflect a growing trend of DeFi companies recruiting executives from traditional finance to enhance credibility and attract institutional capital. 

Also read: Bitwise Files to Launch Hyperliquid ETF with HYPE Token





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Former Rockstar VP Talks GTA 6, Explains Why Bully 2 Never Happened
Game Updates

Former Rockstar VP Talks GTA 6, Explains Why Bully 2 Never Happened

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In 2020, Rockstar Games co-founder Dan Houser left the company after over two decades as one of the driving forces behind the Grand Theft Auto and Red Dead Redemption franchises. While Houser has since launched a new company, Absurd Ventures, he recently shared his thoughts on Grand Theft Auto 6 and explained why Bully 2 never materialized.

During a panel appearance at Los Angeles Comic Con (via IGN), Houser was asked about how he feels regarding GTA 6, the first Grand Theft Auto game in decades that he had no involvement with.

“I think it’s a great privilege to have worked on something that big–you know, I wrote the last 10 or 11 of them, so I think the world’s probably had enough GTA from me … There’s always a new story, so it’s not going to be a story that I wrote or a character set that I developed. I think it’s going to be exciting. The game will be great, I’m sure.”

Houser has previously voiced his desire to see a sequel to Bully, the 2006 game set at a boarding school. When he was asked about the reasons why Bully 2 didn’t come to pass, Houser cited “bandwidth issues,” before adding, “If you’ve got a small lead creative team and a a small senior leadership crew, you just can’t do all the projects you want … With certainly how we’re structuring it, [we were] trying to do two projects with a very fairly small team, and just really trying to think through that. ‘How can we do that and keep them both moving?'”

Picking a favorite game from his time at Rockstar proved to be difficult for Houser. He noted that Red Dead Redemption 2 was “the best thing that I worked on [and the] best single kind of realization of open-world storytelling thematic consistency and understanding how the games are assembled to take you on an an emotional journey.” He also cited GTA 4, GTA 5, Bully, and Red Dead Redemption as some of his best experiences at Rockstar.

Houser’s next project is a comic book miniseries called American Caper, which will be released by Dark Horse Comics on November 12. He also said that Absurd Ventures’ first video games will be a currently untitled “open-world third-person comedy,” and A Better Paradise, which he described as “a third-person dystopian tragedy.” Both games are still early in development.



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Best Altcoins to Watch as Altcoin Season Prepares for a Q4 Explosion
NFT Gaming

Best Altcoins to Buy as Altcoin Season Is Ready for Q4 Explosion

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Q3 was supposed to be altcoin season, but it never really showed up. Aside from a handful of standouts, most tokens stalled, and the sharp sell-offs in late September left many traders questioning whether the rotation from $BTC into alts had fizzled.

Now, as Q4 begins, the charts are starting to tell a different story. Altcoin dominance looks eerily similar to 2017, when a flat curve suddenly gave way to a vertical breakout that defined the back half of the bull run.

The total crypto market cap excluding Bitcoin has also passed the $1.49T level, a zone that previously acted as resistance in 2021 before flipping into support. Historically, these kinds of retests mark the foundation for trend reversals.

The macro backdrop adds fuel to the setup. The Fed’s recent rate cuts loosen financial conditions, and with more expected, risk assets like altcoins have more room to run.

Meanwhile, regulatory clarity in the U.S. has been improving, with multiple altcoin ETF applications slated for decisions before year-end. If approved, those vehicles could unlock institutional liquidity that flows directly into the alt market.

Why does this matter? Because altcoin season is often the signal that the bull cycle has entered its second and most explosive leg. With only three months left in 2025, the conditions are aligning for a rotation that could mirror past cycles.

And if history is any guide, projects like Bitcoin Hyper ($HYPER), PepeNode ($PEPENODE), and Aster ($ASTER) are among the best altcoins traders are already watching closely as Q4 kicks off.

1. Bitcoin Hyper ($HYPER) – Scaling Bitcoin for the Next Wave

Bitcoin ($BTC) still dominates over 50% of the crypto market cap, but as a network it’s showing its age. Transactions are slow, fees remain high, and it’s not exactly built for dApps or meme coins.

Bitcoin Hyper ($HYPER) is stepping in to change that, positioning itself as the first real Bitcoin Layer 2 powered by the Solana Virtual Machine (SVM).

What does that mean in practice? Sub-second transactions and near-zero fees, all while anchoring security to Bitcoin Layer 1 through zero-knowledge proofs.

Builders can launch dApps, meme coins, and DeFi protocols on top of Bitcoin Hyper without worrying about congestion, while cross-chain interoperability connects $BTC seamlessly with $ETH, $SOL, and other ecosystems.

The token itself drives the system: $HYPER covers gas fees, staking, governance, and access to new launches. Early buyers also get priority access to staking and airdrops, which explains why whales have been piling in.

Learn how to buy Bitcoin Hyper in our step-by-step guide.

The presale has raised over $18.8M so far, with the tokens priced at just $0.012995 and staking yields of 63% APY. Our Bitcoin Hyper price prediction sees $HYPER possibly reaching a minimum of $0.4 by 2030.

$HYPER looks like one of those rare asymmetric bets that only come around once in a cycle.

Visit the Bitcoin Hyper presale website today.

2. PEPENODE ($PEPENODE) – Gamified Meme Coin Mining

Meme coins have always been the life of altseason, but most projects stop at ‘buy and hold.’ PEPENODE ($PEPENODE) takes a different approach with the first mine-to-earn model, turning meme coin speculation into a gamified ecosystem.

Instead of chasing passive gains, holders build out virtual server rooms that act as mining rigs. You buy Mining Nodes, configure them for optimal yield, and climb the leaderboards against other players.

Alt text: PEPENODE ($PEPENODE) mine-to-earn meme coin.

Not happy with your setup? You can sell nodes anytime to reclaim liquidity. The kicker: top performers earn extra rewards in trending crypto coins like $PEPE and $FARTCOIN, creating a feedback loop between culture and competition.

Presale numbers suggest it could be one of the best crypto presales of the year, as $PEPENODE has already raised over $1.51M. Tokens are priced at $0.0010788, with our PEPENODE price prediction forecasting around a 2X from current prices in 2025.

Early stakers are also seeing eye-watering yields of 874% while waiting for the full launch of the mining platform. Read our how to buy PEPENODE guide to get your share of APY.

The USP here is accessibility. No hardware, no power bills, no technical barriers. Just virtual mining with a competitive edge and meme coin incentives drilled in. By combining staking, gamification, and meme culture, PEPENODE offers something stickier than most meme coins.

With altcoin season rotations historically favoring meme coins with utility, $PEPENODE feels built for the moment.

Visit the PEPENODE presale now.

3. Aster ($ASTER) – The DEX Challenger Backed by CZ

Perpetual trading has exploded into one of the fastest-growing corners of DeFi, with daily volumes reaching $109B across protocols. Among them, Aster ($ASTER) is quickly climbing to the front of the pack.

According to data, Aster recently overtook Hyperliquid in not just 24-hour volume (with a whopping $85.49B), but 7-day and even 30-day volume. Pretty impressive for a project that launched less than two weeks ago.

Source: DefiLlama

What sets it apart? Aster is built for multi-chain, supporting BNB, Ethereum, Solana, and more. It also introduces ‘hidden orders,’ a feature that allows traders to place invisible limit orders – a rare level of privacy in an industry where most order books are transparent by design.

That mix of liquidity and stealth has attracted both high-volume traders and DeFi enthusiasts. The project’s credibility is reinforced by its backers. YZi Labs (formerly Binance Labs) holds a stake, and Binance co-founder Changpeng Zhao (CZ) has publicly endorsed Aster on X.

Market data shows $ASTER trading at $1.84 with a $3.05B market cap. Its FDV of around $15 represents a massive leap from just $560M at its Token Generation Event (TGE).

If altseason sparks a flood of liquidity into DeFi infrastructure, $ASTER is well-positioned to capture a commanding slice.

Read about Aster’s tokenomics.

Together, $HYPER, $PEPENODE, and $ASTER each capture a different slice of the altcoin season narrative – Bitcoin scalability, gamified meme-coin culture, and DeFi infrastructure. If Q4 lives up to the setup, these could be among the projects leading the charge.

As always, this article does not constitute financial advice. Please do your own research (DYOR) before investing in cryptocurrencies, as markets remain volatile and unpredictable.

Authored by Aidan Weeks, Bitcoinist — https://bitcoinist.com/best-altcoins-to-buy-as-altcoin-season-ready-to-explode-q4

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Data center (Taylor Vick/Unsplash)
Crypto Trends

Algorand Foundation Names Former Ripple Engineer Nikolaos Bougalis CTO

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The Algorand Foundation has tapped Nikolaos Bougalis, a veteran cryptographer and former Ripple engineering lead, as its new chief technology officer, the company said in a press release Monday.

Bougalis, who spent nearly a decade guiding development of the open-source XRP Ledger, will lead Algorand’s engineering efforts and help advance its 2025 technical roadmap.

Algorand’s ALGO (ALGO) token was trading 2.6% higher over 24 hours alongside a generaly rally in crypto prices.

Algorand’s roadmap, unveiled in July, focuses on decentralization, Web3 adoption, enterprise use cases, and cutting-edge cryptography. Bougalis is expected to play a key role in aligning the foundation and Algorand Technologies around those goals.

“Nik brings a wealth of experience in distributed systems, cryptography, and blockchain, as well as a demonstrated ability to foster collaborative development communities,” Algorand Foundation CEO Staci Warden said in the release. “He will help us double down on decentralization, performance, and security.”

Bougalis will be based in the U.S. as the foundation seeks to expand its footprint among domestic enterprises and institutions looking for compliant, scalable blockchain infrastructure.

His background in security and cryptography is expected to strengthen Algorand’s work on privacy, quantum resistance and scalability.

Algorand, launched in 2019, aims to offer instant finality and low fees for builders creating projects in payments, identity, supply chain, and asset tokenization. The ecosystem now includes millions of users and a global network of developers using familiar programming languages like Python and TypeScript.



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Kevin McCoy and Simon Sparks to host roundtable at GamesIndustry.biz HR Summit 2025
Esports

Kevin McCoy and Simon Sparks to host roundtable at GamesIndustry.biz HR Summit 2025

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Next Jump’s Kevin McCoy and GameDataCore’s Simon Sparks will be hosting a roundtable at this week’s GamesIndustry.biz HR Summit.

Titled ‘Level Up or Get Left Behind: How to Win When You’re Short on People, Resources, Time, and Money,’ McCoy and Sparks will discuss the practical tools such as resetting your feedback environment and creating a coaching culture.

McCoy co-founded e-commerce and employee benefits technology company Next Jump in 1997. He founded the firm’s Cambridge, Massachusetts office before joining its UK operation in 2010 as managing director.

He recently led the implementation of Next Jump’s coaching programs with the UK Royal Navy – which is being used as a case study during the roundtable – and is head of the firm’s global finance and operations team.

Sparks is co-founder and COO of GameDataCore, which provides games industry intelligence. He is also a culture consultant, partnering with Next Jump coaches and has coached with the UK Navy.

“I am excited to share this case study and how I am implementing the same principles inside a new startup right now, feedback as creative infrastructure, individual ego work first, then team cadence and metrics,” said Sparks.

“When you get those pieces aligned, momentum stops being luck.”

McCoy and Sparks join the lineup of speakers attending the GamesIndustry.biz HR summit this Thursday (October 2), including Fresh Seed’s Sarah Brewster, Skillfull’s Gina Jackson and Amiqus’ Liz Prince, as well as Sega Europe’s chief people officer Nicky Ormrod alongside Simon Court and Dan Bobby of Value Partnership.

The event will take place at The Royal Institution in London, and tickets for the event (which includes entry to the Best Places to Work Awards) can be found here.



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New Stellar (XLM) DeFi Trigger Signals Potential Surge to $10
GameFi Guides

New Stellar (XLM) DeFi Trigger Signals Potential Surge to $10

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Stellar (XLM) is flashing bullish signals in the last 24 hours. The coin has seen an uptick in decentralized finance (DeFi) adoption within this period, leading to a price surge. DefiLlama data shows that approximately 400 million XLM have been locked in Stellar by investors.

Stellar’s total value locked (TVL) gains momentum

Notably, this refers to the total value locked (TVL), which measures the value of crypto assets deposited on the DeFi protocol. The fiat value of this stands at $143.35 million, a 1.56% increase within the last 24 hours.

This increase in the amount of TVL staked XLM signals that DeFi apps on Stellar are gaining traction and attracting more users and liquidity. It indicates growing investor confidence in Stellar’s DeFi ecosystem, and this is beginning to impact the price outlook.

As of press time, Stellar is changing hands at $0.3658, marking a 3.74% increase within this time frame. The asset previously jumped to a peak of $0.3708 before its slight dip to the current level. Meanwhile, trading volume has spiked by a significant 61.9% to $184.2 million.

The uptick in these metrics suggests that the asset has the potential for bullish growth. If the momentum is sustained, Stellar could climb toward the $1 mark in the next couple of weeks.

Last week, when Stellar’s volume rose by 36%, it created a resultant upsurge in price. With approximately double the volume increase triggered by the DeFi growth, XLM is likely to continue on an upward trajectory.

Market analysts believe that if Stellar could cross the $0.40 price resistance level, it could catalyze the $1 target.

Institutional adoption strengthens Stellar’s outlook

Recent institutional adoption of Stellar by traditional players could support the price outlook. Visa and PayPal’s recent partnerships could further expand XLM’s real-world utility. These integrations confirm the asset’s role in cross-border payments and DeFi.

Stellar investors are anticipating this uptick as October is set to roll in in less than 48 hours. With an average growth rate of 6.79%, XLM is likely to make an attempt to soar upward, particularly as October is considered a bullish month for crypto assets.

If history repeats itself, Stellar could record increased capital inflows that might positively impact the price outlook in October.



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