Author: John Smith
High-profile whale reloads on 25x ETH leverage despite racking up over $29.7 million in realized losses as majors slide and funding turns negative. Summary Machi sends another 210,000 USDC to HyperLiquid to scale an already aggressive ETH long. His cumulative loss on this campaign now exceeds $29.7 million amid a broad crypto pullback. The move comes as ETH trades around $1,978, BTC near $68,583 and funding flips mildly negative. In the middle of a red day for majors, on-chain data shows Machi (machibigbrother) wiring an additional 210,000 USDC to the derivatives venue HyperLiquid, explicitly to expand a high-octane long position…
A code dispute has surfaced between Curve Finance and PancakeSwap over the use of StableSwap technology. Summary Curve Finance says PancakeSwap copied parts of its StableSwap code without permission, calling it a license violation. PancakeSwap responded that its team is reaching out to Curve to discuss the matter. Both sides signaled they prefer cooperation and possible licensing over a legal dispute. Curve Finance (CRV) has publicly accused PancakeSwap (CAKE) of copying parts of its code without permission. The allegation was posted on X on March 6. Curve claimed PancakeSwap used code from its StableSwap implementation without following the license terms.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin falls below $70k as ETF flows turn negative, while DeFi development continues with new Ethereum lending protocols. Summary Bitcoin falls below $70k as ETF flows turn negative, while Ethereum-based lending protocol Mutuum Finance expands testnet activity. Mutuum Finance is testing its Ethereum lending platform, letting users lend, borrow, and earn yield through non-custodial pools. The protocol lets users deposit crypto, receive mtTokens, and borrow against assets without selling their holdings. Bitcoin has come under renewed pressure after slipping…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Extreme weather events have become routine with climate change globally. In 2024, U.S. farmers lost over $20 billion to wildfires, floods, hurricanes, hail, frost, and tornadoes. Canadian producers face similar difficulties: 51% of operations suffered from drought in 2022 and 2023, while 26% experienced flooding. British Columbia alone saw almost $460 million in losses last year. Producers in developing nations like Kenya or Brazil, who don’t have access to the same technologies as their peers in North…
As majors sell off, Tether quietly doubles down on turning Bitcoin into a $-settlement backbone via Lightning-native USDT rails. Summary Tether co-leads a $7.5M round in Utexo to enable native USDT settlement on Bitcoin and Lightning. Utexo promises fixed, pre-confirmable fees, atomic settlement and stronger privacy anchored to Bitcoin’s security. Move comes as BTC trades near $68,600 and majors slide 3–5%, underscoring demand for resilient $ liquidity. Tether has taken a calculated step to bind USDT more tightly to Bitcoin’s base layer, co-leading a $7.5M financing round for Utexo, a startup building infrastructure for native USDT settlement directly on the…
Oil’s violent intraday squeeze is colliding with fragile crypto risk sentiment, setting up a tense weekend for Hyperliquid oil perps and broader macro-linked digital assets. Summary WTI crude spiked 13% intraday, pushing toward the key $90 level per barrel. The move comes as rate-cut expectations firm and crypto trades lower across majors. Hyperliquid oil perps now sit at the crossroads of an energy shock narrative and a tired crypto risk complex. WTI crude’s surge to around $89.21 per barrel, a 13% intraday jump is a full-blown squeeze into a psychologically loaded $90 handle, leading to what analysts say could be…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The man behind the pseudonym Mark Zuckerfart has resurfaced after months of speculation. In an exclusive interview, the marketer explains why he left the Solfart project and why he now believes Patos Meme Coin has the team, strategy, and momentum to dominate the next wave of Solana meme tokens. crypto.news presents an exclusive look at the man behind the pseudonym: Mark Zuckerfart. With a track record of scaling meme coins into the hundreds of millions, Zuckerfart has long been…
Surprise February US jobs losses and a higher unemployment rate revive rate‑cut hopes but leave BTC stuck near $70K amid broader risk‑off mood. Summary The US jobs shed 92,000 in February versus forecasts for a 59,000 gain, a sharp reversal from January’s 126,000 increase. Unemployment rose to 4.4%, above the expected 4.3%, underscoring a more fragile labor backdrop. BTC is pinned around $70,000 as traders weigh softer data against spiking oil, falling equities and shifting Fed‑cut odds. February’s US jobs report landed as a clean downside surprise: instead of a modest payroll gain, the U.S. economy outright lost 92,000 positions,…
As part of Outset PR’s Web3 communications talks, the agency founder Mike Ermolaev recently spoke with Jamie Elkaleh, CMO of Bitget Wallet, about how marketing changes when a crypto wallet evolves from a trading tool into a broader financial interface. Summary Crypto marketing is moving towards utility-driven adoption, where product experience and real-world usability play a central role. Regional differences increasingly shape communication strategies, as adoption patterns, regulations, and user expectations vary between markets such as Asia and the West. As the industry matures, both media narratives and market movements are becoming more influenced by verifiable data, institutional capital, and…
Astana’s $350M pivot from gold and FX to digital assets lands just as Bitcoin grinds against the $70K ceiling, adding fresh “real money” bid to an already tight market. Summary Kazakhstan will reallocate up to $350M from its gold and FX reserves into crypto-linked assets starting April–May. The move trims exposure to sanction‑prone reserve assets and adds indirect Bitcoin and Ethereum exposure via funds and infrastructure stocks. It lands as Bitcoin trades in the high‑$60Ks to low‑$70Ks with resistance near $73K–$76K, tightening the macro link between sovereign flows and crypto pricing. According to Reuters, Kazakhstan’s central bank has confirmed plans…