Cryptocurrencies

Whale Shorts ETH with 23x Leverage: $80M Bet on Downturn A crypto whale known as "0x50b3" has opened an $80,000,000 short on ETH with 23x leverage. The entry was $2094. Not small. Not subtle. My take: this is less "careful hedge" and more a public bet that ETH is about to get hit. ...

Squid protocol hack $3m loss hits Ethereum and Base DeFi The "Squid protocol hack $3m loss" hit DeFi activity on Ethereum and Base. Blockaid said an attacker targeted Squid and compromised 86 Gnosis Safe wallets in about two hours. Fast, messy, and hard to ignore. ...

WUSD/GLOVE liquidity pool hack: privacy protocols face new pressure A "liquidity pool hack" is simple enough: someone drains funds from a DeFi pool without permission, usually by exploiting a smart contract bug or a weakness in the protocol around it. Not glamorous. Just expensive. ...

Hyperliquid is Emerging as a Challenger to Traditional Exchanges and Prediction Markets, Says FalconX FalconX, a digital asset prime brokerage that mostly serves institutional desks, put out a note this week arguing that Hyperliquid now competes head-on with both centralized exc ...

tether georgia launch gel stablecoin gives regulation a fresh test A wire/TG post says Tether and Georgia's government plan to launch GELT, an official stablecoin pegged to the Georgian lari. My take: this is not just another token headline. It gives regulators a live case to argue over, ...

Warsh Will Cut Rates, Despite Consensus View of Rate Hikes: Analyst's Bold Prediction for Crypto Here's the take Wall Street doesn't want to hear: one analyst thinks Kevin Warsh, the former Fed Governor, would cut rates if he were running the Fed right now. Not hike. Cut. My take: that ...

Hyperliquid Long Position Loss Puts ETH Leverage in Focus A reported Hyperliquid long loss has ETH traders staring at leverage again. The largest long holder on Hyperliquid is reportedly down $28,000,000. The position is not just large; it is awkwardly visible: 120,000 ETH, with an avera ...

Kevin Warsh Sworn In as Fed Chair: What Crypto Traders Need to Know About 2026 Rate Hike Forecasts New Fed Chair, new mood. Kevin Warsh just took the oath, and traders are already pricing in rate hikes for 2026. My take: if you hold crypto, this is not the kind of headline you scroll pa ...

Near Protocol to Automate Its Own Growth and Its Token Is Skyrocketing The self-improving blockchain: how Near grows itself Near is a sharded, proof-of-stake chain built for usability. Its growth is not fully automatic, but a surprising amount of the machinery points that way. ...

Zerion Zero Network shutdown shows ETH L2 fatigue The zerion zero network shutdown is another step back in Ethereum's L2 race. Zero Network, Zerion's ETH L2 project, is shutting down as the team turns back to the Zerion API and wallet. One day earlier, on May 21, 2026, S ...