Company behind AI trade that caused $60 million crypto liquidations to cover all losses
The mark price fell 19% on a single premarket trade in Korea. The company says its oracle worked exactly as designed. Source：CoinDesk
Citadel bets on a Fed rate hike Wednesday as bitcoin analysts call a hold. Someone will be wrong.
Citadel's macro team says Wednesday's hike isn't about the data. It's about Warsh's best shot at making a surprise actually count before the market stops being…
Bitcoin rises toward $64,000 as Korea's record chip crash leaves crypto untouched
SK Hynix fell 17% after profit rose 557% and still missed estimates. Bitcoin is up 1%, and the Fed decides rates today. Source：CoinDesk
Coinbase wants to be Canada’s ‘everything exchange,’ but says clearer rules are needed first
Coinbase Canada's new CEO, Eric Richmond, says permanent rules, rather than temporary exemptions, are needed as the company pushes to expand into derivatives,…
'Anything remotely dovish' from Fed could be good for bitcoin, says analyst
Traders are divided on whether the Fed will hike rates, but analysts said crypto may be less exposed than AIdriven tech stocks. Source：CoinDesk
Ondo drops tokenized asset blockchain plans for private, high-speed trading network
The new network powers Ondo's recentlylaunched perpetual futures platform and will eventually support trading across onchain financial assets. Source：CoinDesk
Wall Street veteran Don Wilson says regulators are getting perps all wrong
DRW CEO Don Wilson says perpetual futures aren't inherently risky crypto gambling tools, and it’s time traditional markets and regulators start embracing them.…
BlackRock, Fidelity, other Wall Street giants back the Clarity Act
BlackRock, Fidelity, Franklin Templeton, Goldman Sachs and SoFi have publicly endorsed the crypto market structure bill as the Senate's timeline tightens.…
Ethereum startup EthSystems bets privacy is key to getting banks on public blockchains
EthSystems, which spun out of the Ethereum Foundation earlier this month, is focused on building privacy infrastructure for banks and other financial…
Russia outlines new digital depository rules ahead of fall crypto framework roll-out
The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms.…
Hyperliquid is taking crypto perps deep into DeFi’s ‘money LEGO’ land
Hyperliquid is capitalizing on the volume and depth of its order book by giving firms the option to compose with the platform’s shared liquidity, rather than…
Zcash seals $1.7 billion shielded pool as Ironwood upgrade activates
The upgrade retires Orchard, where a counterfeiting bug sat undetected for four years. Every coin inside now has to leave through a gate that caps withdrawals…