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Ethereum’s 18% day exposed a hidden risk: half of Aave’s debt sits in 9% of positions
Posted inCrypto News Personal Finance

Ethereum’s 18% day exposed a hidden risk: half of Aave’s debt sits in 9% of positions

The biggest single day ETH move in two years did not trigger the liquidation cascade. But the concentrated staking correlation trade on Aave is one bad day from unwinding. The…
Bitcoin price breaks $76K as ETF inflows accelerate
Posted inCrypto News Personal Finance

Bitcoin price breaks $76K as ETF inflows accelerate

Bitcoin price extended its sharp recovery on Aug. 21, rising above $76,000 for the first time since late May as institutional inflows and improving U.S. liquidity conditions supported the breakout.…
Does Crypto Have a Place in Your Portfolio?
Posted inCrypto News Personal Finance

Does Crypto Have a Place in Your Portfolio?

Cryptocurrency has captured the imagination of investors worldwide, driven by its potential for outsized returns and similarly outsized volatility. With a market capitalization that has soared to $4 trillion, it…
Banks Evaluate Opportunity—and Threat—of Digital Assets
Posted inCrypto News Personal Finance

Banks Evaluate Opportunity—and Threat—of Digital Assets

Key Takeaways While crypto transactions are unlikely to replace traditional banking models, digital asset rails are expected to reshape the infrastructure that supports global financial markets over the coming decades.…
MANTRA token plunges 18% to record low as blockchain halts after exploit
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MANTRA token plunges 18% to record low as blockchain halts after exploit

The token touched $0.004126 minutes before the network stopped producing blocks, while MANTRA later said an attacker exploited a vulnerability in software used by the chain.The token of MANTRA, a…
U.S. CFTC chief puts staff on notice to create crypto regulations if Clarity Act fails
Posted inCrypto News Personal Finance

U.S. CFTC chief puts staff on notice to create crypto regulations if Clarity Act fails

Commodity Futures Trading Commission Chairman Mike Selig told the inaugural gathering of the Innovation Advisory Committee that his agency won't sit idle.The head of the U.S. agency that regulates derivatives,…
Ripple backs an RLUSD credit fund amid XRP’s best week in months
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Ripple backs an RLUSD credit fund amid XRP’s best week in months

Clearpool and Cicada Partners are building an institutional lending product using RLUSD, though the XRP Ledger features underpinning it are still awaiting activation. Ripple is backing a new institutional credit…
Bitcoin, ether and solana climb as another $1 billion shorts get wiped out
Posted inCrypto News Personal Finance

Bitcoin, ether and solana climb as another $1 billion shorts get wiped out

The two-day short liquidation total has surpassed $4 billion, with Thursday's figure setting a record dating back to 2021. More than $4 billion short positions get liquidated as crypto prices…
Clearer Rules Drive Stablecoin Adoption
Posted inCrypto News Personal Finance

Clearer Rules Drive Stablecoin Adoption

Worldpay, now Global Payments, has issued a report which outlines how better regulation leads businesses to competitive advantages via fiat-pegged tokens A seismic shift in the global regulatory landscape is…

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