Category: crypto

Defiance ETFs filed applications for Bitcoin and Ethereum market-neutral ETFs NBIT and DETH that use a hedge fund arbitrage strategy. The funds buy spot crypto assets and short futures contracts to capture premiums. Performance data shows consistent returns, with Bitcoin basis trades reaching 11% and Ethereum basis trades delivering 10% returns. Bloomberg analysts noted the…

Authors submitted HIP-4 proposing “Event Perpetuals” on Sept. 16 to enable prediction markets on Hyperliquid. Event Perpetuals aim to eliminate continuous oracle feeds and allow prices to be determined by trading activity, settling with binary payoffs reflecting market probabilities. The proposal addresses limitations in current infrastructure and introduces an auction mechanism for fair price discovery.…

Digital asset treasuries are facing pressure due to a drop in market net asset values, casting doubt on their ability to sustain crypto purchases. Differentiation among treasuries is key, with Ethereum-focused ones seen as the most sustainable due to staking returns. Consolidation is more likely among Bitcoin treasuries, while Ethereum treasuries are expected to keep…

Former US President Donald Trump filed a $15 billion lawsuit against The New York Times and several reporters for allegedly harming his reputation and the TRUMP memecoin project. Trump accused the Times of bias and defamation, claiming the articles and book released during the election season were strategically timed to damage him politically and financially.

Circle has integrated native USDC and upgraded CCTP v2 on Hyperliquid’s HyperEVM network, allowing for smoother cross-chain transfers. The move benefits developers, traders, and service providers. Circle also made HYPE token investments and plans to operate as a validator on the network. This strategic move aims to secure Circle’s position in the growing decentralized exchange…

Binance is in talks with federal prosecutors to potentially eliminate the requirement for an outside compliance monitor from its $4.3 billion money laundering settlement. The Justice Department is considering removing the oversight mechanism as part of a broader policy shift under the Trump administration. Binance founder Changpeng Zhao served a prison sentence as part of…

CryptoSlate Alpha is a membership program that requires the purchase of an NFT using SOL, the native token of Solana. A Solana wallet must be connected to complete the purchase. By purchasing Alpha membership, you agree to the terms and conditions of your wallet provider and the Access Foundation. CryptoSlate is not responsible for your…

Bitwise filed a prospectus for a stablecoin and tokenization ETF, tracking the Bitwise Stablecoin and Tokenization Index. The fund will invest in companies benefiting from stablecoin adoption and asset tokenization growth, with tiered restrictions based on business exposure levels. The fund is expected to launch around Thanksgiving and will rebalance quarterly.

The Ethereum Foundation has launched a $2 million security contest for its Fusaka upgrade, encouraging researchers to audit the codebase for vulnerabilities before it goes live. Gnosis and Lido co-sponsored the initiative. The upgrade aims to improve scalability and transaction throughput, but faces challenges and potential delays. Mainnet activation depends on successful testnet deployments.

PayPal has launched PayPal Links, a service that allows users to send or request money through personalized links in messages, DMs, or emails. The service will initially be available to US customers and will later expand globally. PayPal also plans to enable support for crypto transfers through the same links.