
Something strange happened on the Paradex exchange today. All trader positions in one of the perpetual option contracts were closed at a completely non-market price. On the screenshot, you can see that after a series of trades at 10:30 UTC, the open interest on this option dropped to zero. That means every single position vanished. The option’s mark price at that time was...

In the 24 hours since Uniswap announced its proposed tokenomics changes, the UNI token price has jumped by 25%. Clearly, the market believes these changes have a strong chance of being approved. Yet even competitors like Aerodrome warn that this could be a strategic mistake. So what’s really going on here? The proposal from the Uniswap Foundation and Uniswap Labs that’s...

According to ICTerminal, the past two weeks have seen an unusually large outflow of ICP from exchange wallets. The screenshot above shows an example from Coinbase. Now that's quite a surprise! Usually, headlines focus on stablecoin inflows to exchanges or Bitcoin outflows — sometimes Ethereum as well — and those are traditionally seen as bullish signals. But we rarely hear...

While Zcash keeps astonishing everyone with its phenomenal rally — already up more than 2,000% from its bottom against Bitcoin (and roughly 3,700% against the dollar) — I found myself wondering: what makes this cryptocurrency so special? What’s driving this frenzy? Why are people willing to buy ZEC at almost any price? ZEC historical prices. Source...

ICP Tops the Weekly Gainers on CoinMarketCap. What I like about the current phase of the crypto market is that capital isn’t flowing into useless hype coins that work like pyramids (buy fast, sell faster) — but into projects that actually mean something and can be used to build something bigger. Yesterday I talked about Filecoin — and today, ICP deserves the spotlight...

One of today's top gainers in the crypto market is Filecoin (FIL) — its price jumped 68% in just 24 hours. And this isn’t the first time in the current cycle that we’ve seen an old, almost forgotten coin suddenly come back to life. We’ve seen it before with XRP, which spent years in hibernation before soaring about a year ago. A few...

In the United States, a unique criminal case is unfolding against the Peraire-Bueno brothers — validators of the Ethereum network in 2023 who allegedly used MEV manipulation to earn about $25 million at the expense of other network participants who had no intention of enriching them. Here’s how it worked: * They created “bait” transactions...

Many countries, as we know, have banned cryptocurrencies. But have you ever stopped to think about what "banned" actually means? It's impossible to ban ownership of cryptocurrency. Anyone who remembers twelve words automatically owns everything that's tied to those twelve words across all blockchains. To ban ownership, you'd have to ban memory itself. So what exactly is...

While the entire crypto market is falling, there’s one segment that’s moving in the opposite direction — privacy coins. According to CoinGecko, their total market cap has surged by 85% over the past seven days. That’s an incredible number! Everyone’s talking about Zcash’s explosive growth, but it turns out that many other privacy-focused coins are rising too — Monero, Dash, Horizen, and...

The founder of ZKsync has proposed a major tokenomics update. The main idea: all network revenues should be directed toward buying back and burning ZK tokens, staking, and ecosystem funding. What I especially like is that token buyback and burn comes first on that list. It really feels like the loudest narrative in crypto right now is the complete opposite of what we saw during the...