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 Researchers find that rollup fee models collapse costs, leaving small transfers over- or underpriced. A benchmark shows Polygon zkEVM, zkSync, Scroll, Optimism, and Arbitrum use divergent, potentially exploitable fee rules. The authors urge multidimensional pricing of execution, data, and proof to prevent systemic risks. Ethereum’s rollup networks are mispricing small transactions, creating risks…
In brief The Asia-Pacific region—led by India, Pakistan, and Vietnam—had the biggest increase in crypto transaction volume, a new Chainalysis report shows. Volume in the region shot up from $1.4 trillion to $2.36 trillion. Latin America wasn’t far behind in adoption. The Asia-Pacific is the fastest growing region for crypto adoption, research released Wednesday by…
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 Hyperliquid’s USDH stablecoin has debuted, after Native Markets won the high-profile bid for the ticker last week. It follows a swarm of crypto companies attempting to win the proposal, including the likes of Paxos, Agora, and Ethena. The launch comes as Hyperliquid faces notable competition from emerging perpetual futures decentralized exchange, Aster. Hyperliquid’s…
September 24, 2025 | Asset Listings We’re thrilled to announce that LCAP is available for trading on Kraken! Funding and trading LCAP trading is live as of September 24, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens…
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 Former California Assembly majority leader Ian Calderon has vowed to put Bitcoin on California’s balance sheet and back crypto payments for state programs as part of his bid for governor. Calderon previously pushed blockchain policy through AB 2658 and worked with the Satoshi Action Fund. Current bills, AB 1180 and AB 1052, stop…
In brief Tether is seeking to raise up to $20 billion, according to a report. The private raise could give the stablecoin issuer a valuation of $500 billion. AI giant OpenAI and Elon Musk’s SpaceX have received similar valuations. Stablecoin giant Tether Holdings is hoping to raise up to $20 billion in a private placement…
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,…
