Everything web3, crypto, defi, degen
In brief Aster is the flavor of the week for crypto degens, up a staggering 2,180% in just seven days. The Aster token today surged another 19% to $2.35, breaking above key resistance levels with strong volume. How high will Aster go? Technical indicators and prediction market data show mixed signals. After a choppy start…
In brief Franklin Templeton’s tokenization platform is being integrated with BNB Chain Franklin Templeton is also working with Binance on separate crypto products. BNB hit an all-time high of $1,079 on Sunday Franklin Templeton’s tokenization platform is expanding to BNB Chain, bringing one of the world’s largest asset managers to the Binance-created blockchain.The asset manager,…
In brief Acting CFTC Chairman Caroline Pham has unveiled an initiative to integrate tokenized collateral, including stablecoins, into U.S. derivatives markets. The move comes as Congress considers legislation that could shift more crypto oversight from the SEC to the CFTC. Industry leaders from Ripple, Circle and Crypto.com backed the effort as improving efficiency, trust and…
In brief North Korean hackers compromised Web3 gaming incubator Seedify’s cross-chain bridge, draining $1.2 million across BNB Chain networks. The attack exploited a developer’s private key to mint unauthorized SFUND tokens through an audited bridge contract that should have prevented such minting. Blockchain sleuth ZachXbt linked the theft addresses to past North Korean “Contagious Interview”…
In brief Binance Chain has overtaken Hyperliquid in 24-hour perpetual volume, helped along by new DEX Aster. The surge in investor interest surrounding BSC DEXs is not a phase and is likely to persist, experts told Decrypt. Binance Chain validators have proposed a tenfold reduction in gas fees in a bid to improve the DEX…
In brief The crypto market continues to struggle today, extending yesterday’s losses. Bitcoin has dropped below $112,000, with the market flashing bearish signals. Meanwhile, there’s one coin in the top 10 currently defying trends and turning heads: BNB. The crypto market, including Bitcoin, is today still dealing with the effects of yesterday’s massive liquidation cascade,…
In brief Aster’s token has spiked 47% on the day and hit a new high as its revenue surged beyond decentralized exchange rival Hyperliquid. HYPE has fallen over the last week, although Hyperliquid remains ahead of Aster in terms of daily trading volume. Predictors on Myriad believe that it is 45% likely that Aster will…
In brief Asian session’s 46% cumulative returns over the past year tower over the U.S. 31% and the EU’s 29%. While the Asian session may temporarily knock back U.S. and EU institutions, it won’t be enough to kickstart the second half of the bull run. Liquidity, leverage, and macroeconomic conditions will determine how long this…
In brief Altcoins Mantle and Avalanche are the only tokens in the top 100 cryptocurrencies that have posted double-digit gains on the day. Perpetual futures decentralized exchange Aster has also defied the market downturn with substantial gains. Bitcoin and Ethereum have traded flat on the day, and a large portion of the market has seen…
In brief Plasma One will allow users to load the card with stablecoins and pay from their balance with a physical or virtual card. The new neobank is set to roll out after Plasma’s stablecoin-optimized layer-1 blockchain hits “mainnet beta” on September 25. Its card promises to offer 4% cashback on spending, over 10% yield…
