Stablecoins: The New Piggy Bank for Grown-Ups with Too Much Money

In a move that screams “we’re serious about this,” OpenTrade closed a $17 million funding round led by Mercury Fund and Notion Capital, with a16z Crypto, AlbionVC, and CMCC Global throwing in their two stablecoins. This brings their total funding to over $30 million, which is roughly the amount I’d need to stop eating ramen.

Busan to Become the Crypto Trading Galaxy? KRX Promises the Ultimate FinTech Show

Busan’s ambitions may create new jobs and stimulate local economic growth, which is corporate-speak for “we’ll hire more people who know how to count and pretend to be excited about spreadsheets.” The planned introduction of crypto-linked derivatives could increase accessibility to virtual assets for individual investors, effectively letting the average person dabble in digital coins without needing a degree in interpretive dance or a passport to the moon.

Bulgakov’s Crypto Circus: SnapMarkets Gambles with Time Itself!

Stakes begin at a single dollar, a pittance for the thrill of watching one’s fortune evaporate or multiply in the blink of an eye. This, as prediction markets swell like a bloated corpse, with Polymarket and Kalshi boasting a combined notional trading volume of $24 billion in April. The entire market, a monstrous $29 billion, according to Dune’s data-a sum that would make even the devil blush.

Bitcoin Hoarders Hit New Highs: $81K or Bust?

In the grand theater of financial folly, where the actors are many and the plot ever convoluted, we find ourselves witness to a spectacle most curious. The long-term holders of Bitcoin, those stoic souls who have weathered the tempestuous storms of the market, have, in their unyielding wisdom, amassed a treasure trove of some 16 … Read more

Hyperliquid’s On-Chain Revolution: 30 Partners, One OS, Zero Sanity

RootData’s map, a tapestry of interconnectedness, portrays Hyperliquid as a “performant L1,” optimized to run a full on-chain financial system. But what is this system? A utopia of decentralized finance, or a dystopia where every transaction is a step closer to the abyss of algorithmic tyranny? User-built applications plug into native components like its orderbook perpetuals DEX-a symphony of code, perhaps, but one that plays the same old tune of exploitation.