Everything web3, crypto, defi, degen
In brief Hyperliquid surges 9.26% to $44.11 as the only top 10 crypto in green while the rest of the market tanks 1.8%. BNB drops 0.14% to $947.55, as the worst performer in top 10 after the Aster-driven spike fades. The Crypto Fear and Greed Index marks the most bearish reading since April. Here’s what…
In brief $3.6 million has been sent from yield farming platform Hypervault Finance to crypto mixer Tornado Cash in an “abnormal withdrawal.” The funds were bridged to the Ethereum chain before being sent to Tornado Cash, according to reports from blockchain security firms. Hypervault’s social media and website remain inaccessible following the incident. Some $3.6…
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 A volatile crypto market has led to drastic odds shifts on some of Myriad’s most-traded prediction markets. Predictors have flipped bearish on Ethereum and PENGU, now suggesting both are more likely to “dump” then rise to new heights. While a Solana all-time high by the year’s end felt likely last week, predictors now…
In brief Nansen launched a Claude-based AI assistant trained on 500 million labeled blockchain addresses. The bot currently surfaces insights; trade execution is planned, with users retaining final approval. There’s no white paper yet, and experts warn AI agents in finance are vulnerable to adversarial attacks. Blockchain analytics firm Nansen pushed deeper into the AI…
In brief A Circle executive said the company is considering whether to enable reversible USDC transactions. The move would potentially boost the usefulness of stablecoins by traditional finance players. However, it also goes against the crypto ethos of immutability. Publicly traded stablecoin issuer Circle is exploring the possibility of reversible transactions involving its dollar-backed stablecoin,…
Publicly traded cloud infrastructure firm Cloudflare—which powers a significant chunk of internet traffic—is launching a U.S. dollar-backed stablecoin, the NET Dollar, to help propel the future of AI-driven finance on the internet, the firm announced on Thursday. Like other stablecoins, Cloudflare’s version will offer near-instant transactions globally. The firm also highlighted its use in rewarding creators…
In brief AIQuant launched a crypto trading platform with customizable AI agents. The AI agents trade on Base, Solana, and BNB Chain, removing human emotion from trading. A native AIQ token will support staking, governance, and future platform features. AI Quant Labs, an Atlanta-based startup specializing in automated crypto trading, launched its AIQuant platform on…
In brief Plasma, a stablecoin-focused layer-1 blockchain, has hit “mainnet beta” with its XPL token debuting alongside it. XRP buyers from the initial coin offering earlier this year are up massively. Additionally, people who made deposits towards the pre-sale were handed free tokens, even if they didn’t ultimately buy XPL. Stablecoin blockchain Plasma launched its…
