Aggregate open interest in altcoin perpetual futures surpassed Bitcoin’s for the first time since December 2024 on Sept. 6, reflecting increased leveraged trading as Zcash and the wider altcoin market rallied. Summary Coinalyze data showed altcoin perpetual futures open interest surpassing Bitcoin’s for first time since 2024. Bitcoin perpetual open interest remained near $23.9 billion,
Bitcoin (BTC) sat at $78,000, down -0.2% on the day, as a packed week of US labor and activity data could reshape expectations for the Federal Reserve’s September rate decision. On Kalshi, traders priced a close split for the September 15–16 Federal Open Market Committee meeting: 53% odds of a 25-basis-point increase and 47% odds
Hyperliquid repurchased and burned approximately 9,730 HYPE tokens during the 24 hours ending Sept. 6, according to blockchain data published by Onchain Lens. Summary Hyperliquid bought and burned 9,730 HYPE worth approximately $829,500 during the latest 24-hour reporting period. The purchases averaged $85.27 per HYPE, according to Onchain Lens’s public blockchain tracking data snapshot. Cumulative
Uniswap V4 held $59.1 million in tokenized stock deposits as of Sept. 6, making it the largest decentralized finance venue for the category, according to Token Terminal. Summary Uniswap V4 held $59.1 million in tokenized stock deposits, leading Token Terminal’s latest market snapshot. Kamino Lend ranked second with $41.7 million, while Uniswap V3 held another
New Jersey petitioned for a writ of certiorari in Kalshi’s case against it last week, finally throwing the ball to the high court. Source link
Offchain Labs co-founder Steven Goldfeder and Solana co-founder Anatoly Yakovenko exchanged competing views on Sept. 6 over why Robinhood built its blockchain using Arbitrum technology instead of operating applications directly on Solana. Summary Offchain Labs co-founder Steven Goldfeder said Robinhood retains roughly 90% of net chain revenue generated. Solana co-founder Anatoly Yakovenko argued Robinhood could
The Liquid Network said Sunday that purported white-hat hackers withdrew about 4,000 bitcoin, worth about $320 million, from the federation wallet that backs L-BTC. Bridge nodes were disabled, and the sidechain was paused. Other issued assets, including USDT, DePix and RWAs, were unaffected, the official account said on X. The Liquid Network is a federated
LeBron James teased an upcoming partnership with Polymarket on Sept. 5, placing the NBA star alongside a growing group of athletes and professional leagues working with prediction-market companies. Summary LeBron James confirmed an upcoming Polymarket partnership through a 14-second social media teaser Saturday publicly. CNBC reported the initial campaign will focus on American football, not
Tether-backed Orionx shuts down after $7 million asset shortfall, suspending withdrawals as BitMEX, BitMart and NoOnes also wind down. Tether-backed Chilean crypto exchange Orionx has begun a permanent shutdown after finding a $7M custody shortfall. A forensic audit uncovered funds transferred to wallets that are not under company control. In the meantime, customers are not
Demand for dollar-backed stablecoins can place downward pressure on national currencies when investors receive direct access through fiat trading pairs, according to research published by the Bank of Korea on Sept. 3. The effect appeared after Binance introduced trading between selected local currencies and stablecoins such as USDT and USDC. Summary Dollar-backed stablecoins transmitted buying
