Author: John Smith
Hyperliquid founder Jeff Yan has addressed criticism, suggesting the platform prioritizes protocol revenue over trader interests. Summary Jeff Yan says ADL saved traders millions during October 10 market crash. Hyperliquid passed profits to users instead of maximizing protocol revenue. Founder contrasts DeFi onchain transparency with CEX liquidation secrecy. He also defended the exchange’s auto-deleveraging mechanism during the October 10 market crash. Yan stated that ADL actions made users “hundreds of millions of dollars” by closing profitable short positions at favorable prices, while the platform’s liquidity pool passed on potential profits to users rather than maximizing its own returns. The defense…
The XRP price has plunged by over 35% from its highest point this year, and an emerging death cross pattern suggests further downside despite some notable bullish catalysts. Summary XRP price has formed a death cross pattern on the daily chart. This pattern points to more downside in the near term. Still, Ripple has numerous bullish catalysts that may offset the drop. XRP price technical analysis The daily chart shows that the Ripple (XRP) token was trading at $2.3700 today, Oct. 19, up by 33% from its lowest point this month. This price coincides with the ultimate support of the…
This edition of the weekly recap: Regulatory enforcement intensifies in the UK, Trump family’s crypto profits soar, and OpenSea sets token launch. Source link
Bitcoin hovered above $107,200 at last check Saturday, rebounding from its weekly low of $103,660. The rally lifted several major cryptocurrencies — including Dash, Morpho, Bittensor, and Aster — all of which gained more than 8% in the past 24 hours. Summary The bounce in digital assets comes as investors “buy the dip” following a broad crypto selloff earlier this month and amid growing hopes of a thaw in U.S.-China relations. Markets are watching closely ahead of Trump’s expected meeting with President Xi at the APEC summit, with Treasury Secretary Scott Bessent slated to meet his counterpart Le Lifeng next…
Ethereum price has crashed into a bear market in the past few weeks, but technicals and treasury purchases point to a strong comeback in the near term. Summary Ethereum price has pulled back and moved into a bear market this year. The coin has formed a bullish flag pattern on the daily chart. Companies like BitMine have continued to accumulate Ether tokens. At last check Saturday, Ethereum (ETH) traded at around $3,860, down by over 22% from the year-to-date high of $4,965, but up about 2.4% over the past 24 hours. Ethereum price has numerous fundamental and technical catalysts that…
Ethena price rose for two consecutive days as whales continued buying, and exchange balances dipped to their lowest point in months as USDe demonstrates ongoing stability. Summary Ethena price has rebounded from the lowest point this month. The USDe stablecoin has maintained its peg this week. Whales and public figure investors have continued to accumulate. Ethena (ENA) token rose to $0.4700, up by 210% from its lowest level this month. This rebound has brought its market cap to over $3.2 billion. ENA price has rebounded after the USDe stablecoin maintained its peg, a week after it briefly dropped below $1…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While the EU has been working on regulating digital assets since early discussions in 2020 and now leads with the Markets in Crypto-Assets Regulation (MiCA), the U.S. has avoided enacting specific crypto laws for years. Instead, it relied on applying existing statutes to the digital space. Summary Three major bills mark a policy shift: The CLARITY Act defines token categories and lifecycle transitions; the GENIUS Act regulates stablecoin issuance; and the Anti-CBDC Act seeks to ban a…
North Korean threat actors have adopted a blockchain-based technique called EtherHiding to deliver malware designed to steal cryptocurrency including XRP. Summary Hackers embed malicious code in smart contracts to steal XRP and other crypto. EtherHiding evades takedowns by hosting malware on decentralized blockchains. Fake recruiters trick developers into installing malware during job interviews. According to Google’s Threat Intelligence Group, this is the first time GTIG has observed a nation-state actor using this method. The method embeds malicious JavaScript payloads inside blockchain smart contracts to create resilient command-and-control servers. The EtherHiding technique targets developers in cryptocurrency and technology sectors through social…
The week of October 12-18, 2025, has seen $1.059 billion in crypto funding across 22 projects, with Tempo’s $500 million Series A round leading. Summary Tempo raised $500M in Series A, valuing its Layer 1 at $5B. Kraken acquired the SMALL exchange for $100M. Total crypto funding hit $1.06B across 22 projects. Payment infrastructure and trading platforms dominated the VC funding this week. Here’s a list of this week’s crypto funding activity according to Crypto Fundraising data. Tempo Tempo, a payments‑first Layer 1 blockchain, raised $500 million in a Series A round The project now has a fully diluted valuation of…
According to CryptoSlam data, NFT (non-fungible token) sales volume has climbed by 5.98% to $161.7 million. Summary NFT sales hit $161.7M as buyers surged 126% to 382K. Ethereum led $102.7M NFT sales, reclaiming dominance. Pudgy Penguins surged 165% with $15.6M in weekly sales. Notably, market participation is hot. The number of NFT buyers increased by 126.59% to 382,846 and sellers rising by 124.15% to 341,290. NFT transactions also increased by 2.48% to 1,703,436. At the same time, Bitcoin (BTC) price has continued its decline, now sitting at the $106,000 level. Ethereum (ETH) has also slipped further to $3,800. The global…