Cryptocurrencies

Whale ETH short liquidation risk: $2M loss shows how ugly leverage gets A whale wallet, "0x0Ddf", is down almost $2,000,000 on a large ETH short. The position is about $87,000,000 with 3x leverage. It was opened near $1,700, with liquidation at $2,172. ETH has traded close enough to tha ...

DeFi Developer Activity Jumps: Santiment Data Points to Adoption During Market Volatility Santiment says DeFi developer activity rose over the last 30 days, with Chainlink leading its lending-sector list. My take: that matters, but not in the loud "DeFi is back" way people say whenever o ...

XRP Ledger's New Upgrade Is Here, But Not Everyone's On Board Yet XLS-38d and the cross-chain promise The XRP Ledger shipped something concrete on February 14, 2024. XLS-38d went live after validators pushed consensus past the 80% mark, and the change is pretty direct: assets c ...

Ethereum whales are buying while macro pressure hangs over the market Ethereum whales have been adding to their bags. Wallets holding 100 to 100,000 ETH increased their share of total supply by 1.73% over the past month. Smaller wallets moved too. That matters. This is not just the usua ...

Tether Burns 2.5 Billion USDT: What It Means for Ethereum and Stablecoin Stability Tether burned 2.5 billion USDT on Ethereum, reducing the amount of USDT available on that network. This was not some tiny wallet cleanup. It is 2,500,000,000 tokens gone from one chain, w ...

BONK Faces $20 Million Treasury Drain After Attacker Spends $4 Million to Pass Malicious Proposal Here we go again. Someone spent roughly $4 million quietly buying up BONK tokens, then used those votes to move about $20 million out of the project's own treasury and into their ow ...

Nigel Farage took gifts from a crypto fraudster, report says. What it means for investors A new report claims Nigel Farage accepted sizeable gifts from a man now facing crypto fraud allegations. If you hold crypto, or even just follow financial news, this one's definitely worth a look. Why ...

Barstool's Portnoy Wants to Hold Bitcoin Down to Zero After Getting the Timing Wrong Every Time David Portnoy, the loud founder of Barstool Sports, keeps getting dragged back into crypto talk. Usually as the punchline. His Bitcoin takes get attention for one main reason: they age badly, ...

Vitalik Buterin Ethereum roadmap update: a 3-4 year bet on cheaper DeFi and NFTs Vitalik Buterin published an updated Ethereum development roadmap with a 3-4 year rebuild plan. Big claim. The basic pitch is not hard to follow: Ethereum can get cheaper and faster while keeping the parts ...

Revolut Delists USDT Over MiCA, Raising Pressure on EU Stablecoins Revolut is dropping USDT for European users on August 31, 2026. The reason is blunt: MiCA rules now apply, and Tether still does not have the authorization Revolut needs. USDT holders have a deadline. USDC, which Revolut ...