Paxos’ accidental minting of $300 trillion PYUSD on Wednesday, while undoubtedly concerning, serves as a case study as to why blockchain could shine in traditional banking. On Wednesday, Paxos mistakenly minted $300 trillion worth …
Category:
Bitcoin & Ethereum
- Bitcoin & Ethereum
Bitcoin’s $19 Billion Leverage Wipeout Leaves Market in Reset Mode
by adminby adminIn brief Bitcoin is in a critical confidence-rebuilding phase after last week’s liquidation cascade, Decrypt was told. Experts are divided, with some seeing a market bottom and others warning of persistent headwinds. Sustainable recovery …
BNB trades near key resistance as analysts eye targets at $1,800, $2,500, and $4,500. Futures open interest nears $2.5B, showing demand. Binance Coin (BNB) is nearing a key technical level as market attention …
Friday was the largest liquidation event on a nominal basis in crypto history. The scale of deleveraging is best understood by looking at open interest (OI) — the total value of outstanding futures and …
- Bitcoin & Ethereum
A $300 Trillion Fat-finger, as Paxos Accidentally Mints and Burns PYUSD
by adminby adminBlockchain data showed stablecoin issuer Paxos both minted and burned 300 trillion tokens of the PayPal USD stablecoin within 30 minutes, leaving many crypto users scratching their heads. In a Wednesday X post following …
- Bitcoin & Ethereum
SBF Claims Biden Administration Targeted Him for Political Donations: Critics Unswayed
by adminby adminCritics are not convinced by SBF’s latest antics and argue that his narrative is a well-funded lobbying attempt to recast the FTX collapse as political persecution. Sam Bankman-Fried, the disgraced FTX founder now …
- Bitcoin & Ethereum
Why This Pundit Believes It’s “Game Over” For XRP Following The Crash
by adminby adminThe recent market-wide crash that sent the XRP price tumbling to $1.2 before an immediate rebound has left traders wondering whether the worst is over. Crypto analyst Steph, in a detailed technical analysis shared …
Bitcoin & Ethereum
Dogecoin Now Poised For Its Biggest Run In 2025, Analyst Predicts
by admin
by admin
The Dogecoin weekly chart structure may be setting up for a classic Elliott Wave “third wave” advance, according to trader and market commentator Cantonese Cat (@cantonmeow), who argued that DOGE has reclaimed a critical …
Bitcoin & Ethereum
North Korean Hackers Target Crypto Devs Through Open-Source Software Hub
by admin
by admin
In brief More than 300 malicious code packages were uploaded to npm in what researchers call the “Contagious Interview” campaign. The fake job-recruitment lures targeted Web3 and crypto developers, stealing credentials and wallet keys. …
Gold’s massive rise in 2025 is capturing investor attention, with market veteran Ed Yardeni declaring it the “new bitcoin.” Yardeni argued that gold has outperformed bitcoin as a safe-haven asset amidst growing geopolitical uncertainty. …
