Everything web3, crypto, defi, degen
In brief Decentralized exchange Aster has refunded users who lost funds due to “abnormal price movements” on the recently debuted XPL token. It is believed that the pricing error came as a result of a “hardcoded” index price and capped mark price, which when removed prompted a big spike in XPL’s valuation. Aster’s token has…
We are making new pairs available for margin trading, taking our total to over 230 markets enabled for margin trading on Kraken Pro! Margin trading is now available for three new trading pairs: *Pairs available as long only. Here’s some more information about the tokens: BNB Chain (BNB) is a decentralized, interoperable blockchain ecosystem created…
In brief The crypto market is now deep in the red for September, shedding close to 5% in total value in 24 hours. Bitcoin is holding onto a slim 1% gain for the month, staying in the green for now. Technical indicators suggest market exhaustion, but prediction markets remain somewhat optimistic. Brace yourselves, the Red…
In brief BOS has launched Grail Pro, a custody-grade protocol designed to put dormant institutional Bitcoin to work. Grail Pro mints programmable tokens, allowing custodians to deploy BTC for yield while retaining control. A pilot minted 100 zkBTC, showing how idle assets could move into lending, trading, and DeFi. Smart contract operating system BOS (BitcoinOS)…
In brief Solana is underperforming major cryptocurrencies due to higher leverage exposure, facing $31.6 million in liquidations over 24 hours as investors deleverage and take profits. Recent corporate treasury moves by Forward Industries and DeFi Development Corp were already priced in, one analyst said, triggering a “buy the rumor, sell the news” sell-off once announced.…
In brief Bitcoin futures open interest dropped $1.25 billion to $80.8 billion over recent days, which analysts view as a healthy market reset that purged excessive leverage rather than a bearish warning. The drawdown is considered a temporary cooldown following volatility peaks and large liquidations, with Bitcoin maintaining key support around $112,000. Future market direction…
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 Bitcoin and Ethereum ETFs recorded combined outflows of $439.1 million on Monday, with Bitcoin funds losing $363.1 million and Ethereum products shedding $76 million. The market saw $376.20 million in crypto liquidations in the last 24 hours. Analysts view the outflows as profit-taking and de-leveraging, with Friday’s PCE report seen as pivotal for…
Thai authorities have busted a $15 million criminal enterprise that victimized over 870 South Koreans, in what one expert calls a case study of “multi-layered laundering.”The Seoul Metropolitan Police Economic Crime Investigation Division announced Monday the arrest of 25 members of “Lungo Company,” a fraud ring that deployed multiple scam tactics, including romance schemes, crypto…
