It’s All About Crypto Blog
Hyperliquid's Buybacks Turn Out to Be Permanent Token Burns
Hyper Foundation has proposed burning the HYPE tokens that were purchased using Hyperliquid's trading fees and are currently held in the "Assistance Fund". But the most interesting part of the announcement was something else: those tokens have effectively already been destroyed, because no one has - or can have - the private key to the Assistance Fund address. The buyback...
Visa and USDC: Reinventing Payments That Already Work
When I read the news that Visa is offering banks the ability to settle payments in USDC, a simple question comes to mind: do banks actually have that much USDC? Payment volumes flowing through Visa are enormous. If interbank settlements were really to be carried out in USDC, banks would need to hold a substantial amount of these tokens on their balance sheets. And which banks...
The SEC's Crypto Storage Advice Is Better Than You Might Expect
The SEC has released guidance on how retail investors should store crypto assets. You can joke as much as you want about the SEC teaching crypto users how to handle crypto, but the document turned out to be genuinely solid. I have been working with cryptocurrencies for many years, and even I found a few useful points in it. One example stood out to...
Where Do Crypto Bears Come From?
Can you imagine someone who owns cryptocurrency but is not interested in its price going up? At first glance, it sounds unlikely. Almost everyone who holds crypto wants it to rise. Which would mean that almost everyone in the market should be a bull. But the reality of late 2025 breaks this illusion. For several months now, bears have clearly dominated the...
When One CEX Moves the Market: The Risk of Liquidity Concentration
Kaiko, a provider of professional crypto market data and analytics, warns that the concentration of liquidity on Binance creates serious risks for all market participants. I read about this in an article on DLNews. According to Kaiko, the risk is that operational, legal, or technical issues at Binance could potentially trigger sharp price movements and broader market instability. We already saw...
Why Casinos Dominate Blockchain Screens
Why Casinos Dominate Blockchain Screens Today, while processing a swap, I had to look up a transaction in the blockchain - and once again I was struck by how heavily many block explorers are filled with crypto-casino ads. Sometimes the banners take up more space than the transaction details themselves. It made me think about something simple: gambling...
Not Crypto: Why Bitcoin Gets Special Treatment
Do you remember the slogan "Bitcoin, not crypto"? Back in 2022, when crypto businesses were collapsing one after another - 3AC, Terra, FTX, and many more - Bitcoin supporters tried to make one point clear to the broader public: all that chaos had nothing to do with Bitcoin. That’s when the phrase emerged, drawing a line between "crypto" and Bitcoin...
Convenience Comes at a Cost: The Problem With Crypto Debit Cards
Bybit users have reported unauthorized transactions on their debit cards. Let me first clarify what this is about. Bybit allows its customers to issue a debit card linked directly to their exchange balance, making it possible to spend cryptocurrency in regular stores. On the surface, this looks extremely convenient. Traders do not need to manually convert...
A Private USDC on Aleo: Promising Idea, Open Questions
One of the co-founders of the Aleo blockchain, Howard Wu, has announced a partnership with Circle. As part of this deal, a private version of the USDC stablecoin called USDCx will be launched on Aleo. It sounds exciting, especially given the recent surge of interest in privacy-focused crypto assets. But will this stablecoin actually be in demand? I have my doubts. 1. This is not...
The Cocoon Network and the Silence Around It
The Cocoon network has been live for about a week now. It promises GPU owners the ability to earn TON by supplying computing power for AI workloads. I kept waiting for the first real feedback. But there is none. No comments from users who consume these services, and none from people who supposedly earn money by providing their GPUs. That leaves me with some...
