Former FTX EU trading specialists unveil Perpetuals.com, an AI-powered derivatives platform

Patrick Gruhn and Robin Matzke were the co-founders of Digital Assets, which was acquired by FTX’s Sam Bankman Fried in 2021 and rebranded as FTX EU. Source link

WLFI Faces Backlash After ‘Team Wallets’ Dominate USD1 Growth Proposal Vote

World Liberty Financial (WLFI) is facing criticism following a governance vote that approved a USD1 growth proposal, despite objections from the community over the lack of voting access for locked WLFI holders. Onchain voting data shows that the largest “FOR” votes were cast by top wallets flagged as team-linked or strategic partner addresses, according to…

MegaETH Hits 47K TPS As It Prepares For 11B Transaction Stress Test

Data shows Ethereum layer 2 MegaETH hit network speeds of up to 47,000 transactions per second in testing as the project prepares for a stress test ahead of its mainnet launch.   In an X post on Monday, MegaETH said it will launch a “global stress test” on Thursday, with an official launch to follow. “On…

Prediction Markets Must Use KYC To Curb Insider Trades: Messari

Concerns over insider trading on prediction markets have intensified after a series of high-profile bets on geopolitical events, prompting fresh questions over whether it’s even feasible to curb such practices in the growing industry sector. Preventing insider trading is realistically possible only on prediction markets applying Know Your Customer (KYC) measures, according to Austin Weiler,…

Strong ETF Demand, High Transactions Fail to Lift Price

Spot XRP (XRP) exchange-traded funds (ETFs) have continued to attract investor interest, recording inflows every day of last week as transactions surged to a six-month high. Unfortunately, these positive fundamentals didn’t help the bulls hold the price above the psychological $2 support level. How low can XRP price go? Key takeaways: XRP fell below $2…

Crypto Traders Return to Memecoins, Trading Volume Jumps 106%

Memecoin traders appeared to be locking in profits on Monday after a strong start to the year, according to analysts, with memecoin trading volumes spiking while memecoin marketcap fell. Memecoin trading volume spiked to $5.62 billion on Monday, rising 106% from a day earlier, while memecoin market capitalization fell 6%, according to crypto data platform…

Institutions Add $53 Billion In Bitcoin As Retail Stays Fearful

Bitcoin accumulation by wallets holding between 100 and 1,000 BTC could signal that there is continued interest in Bitcoin from institutional investors in the US. “Institutional demand for Bitcoin remains strong,” said CryptoQuant founder Ki Young Ju on Tuesday, adding that 577,000 Bitcoin (BTC) has been added to this wallet cohort (which includes exchange-traded funds)…

Pendle Introduces New Governance Token To Spur Broader Adoption

Decentralized Finance yield platform Pendle is set to replace its vePENDLE token as its primary governance and reward token, arguing the previous design held back broader adoption.  In an announcement via X on Monday, Pendle unveiled sPENDLE, its new “liquid staking token” that will soon replace vePENDLE as the primary governance token on the protocol. …

Ethereum Address Poisoning Attacks Steal $740K After Fusaka

Recent record network activity on Ethereum could be linked to a wave of address poisoning attacks that are taking advantage of low gas fees since December, said security researcher Andrey Sergeenkov. Cointelegraph reported on Friday that network activity retention nearly doubled to 8 million addresses in a month, while daily transactions hit an all-time high…

Kazakhstan President Signs Laws Regulating Digital Assets

Kazakhstan’s President Kassym-Jomart Tokayev has signed legislation establishing a regulatory framework for digital assets, including licensed cryptocurrency exchanges and granting the country’s central bank authority to approve which cryptocurrencies can be traded on regulated platforms. The legislation amends Kazakhstan’s banking and financial market laws, setting out new rules for the issuance and circulation of digital…