Author: John Smith

Binance has denied that a system or pricing failure caused more than $5 million in alleged trader losses as the AKEUSDT perpetual contract surged from about $0.0076 to nearly $0.045 on Sept. 3. Summary A trader claims that more than 30 funding-rate arbitrage positions lost over 5 million USDT. Binance says its pricing and liquidation systems operated normally during the AKE surge. The exchange uses external spot-market data because it does not list AKE for spot trading. The trader has requested transaction records, liquidation details and Binance’s risk-control logs. Binance says AKE liquidations followed market volatility X user xunlu alleged…

September rate-hike odds have fallen to 38% on Polymarket after Federal Reserve Governor Christopher Waller said cooling August inflation could persuade him to support holding rates steady. Summary Polymarket priced a 38% chance of a September rate hike after Waller’s remarks. Waller said a hot August inflation report could lead him to support tighter policy. August PPI and CPI figures are scheduled for Sept. 10 and Sept. 11, respectively. The Federal Open Market Committee will announce its rate decision on Sept. 16. Waller makes August CPI the Fed rate hike test The Federal Reserve said in Waller’s published remarks on…

Hyperliquid has introduced a preliminary HIP-3 testnet upgrade that lets independent deployment teams control access to perpetual futures markets through deployer-managed on-chain allowlists. Summary HIP-3 deployers can choose whether to restrict access to their independently operated markets. On-chain allowlists can be managed by deployers or sub-deployers appointed by them. Existing HIP-3 markets will remain unchanged because the permissioning feature is optional. Separate talks involving Hyperliquid Labs, Payward and Bitnomial remain subject to CFTC clearance. Hyperliquid co-founder Jeffrey Yan said in a testnet proposal that deployers will be able to create permissioned markets and manage their participant lists without handing access…

Ethereum price recovered above $2,400 on Sept. 3 after falling to $2,370, but weakening short-term momentum and nearby liquidation clusters leave the breakout vulnerable. Summary Ethereum price recovered to about $2,408 after falling as low as $2,370 during the daily session. The 4-hour RSI stands at 43.86, while ETH remains below the Bollinger Bands’ $2,430 midpoint. Positive daily CMF and a bullish moving-average crossover show that the wider recovery remains intact. A daily or weekly close below $2,350 could expose the $2,200 support zone. According to data from crypto.news, Ethereum (ETH) price traded around $2,408 at the time of writing,…

Hyperliquid opened its HIP-4 outcome-market infrastructure to outside venues on Aug. 29, and daily trading volume nearly tripled within three days, according to research published Sept. 3. Summary Hyperliquid opened HIP-4 deployment August 29, and reported daily outcome volume tripled within three days. Two outside venues each posted 500,000 HYPE bonds to deploy markets using approved templates independently. Outcome captured 85% of reported volume while offering traders a $1 million active rebate program. Hyperliquid validators publish settlement prices every three seconds, according to the research collective’s analysis publicly. U.S. availability would require regulatory authorization, while sports contracts could face additional…

Term Labs has recovered all fixed-rate loan positions held in vaults affected by its August governance exploit, with the final position moved on Aug. 25 as Meta Vaults and affected strategies remain shut down. Summary Term Labs recovered all affected fixed-rate loan positions by Aug. 25, while its Meta Vaults and affected strategies remain shut down. Attackers used malicious governance proposals to remove execution delays before draining liquid ETH and USDC from vault strategies. A counterfeit repo token was priced against each strategy’s exact liquid USDC balance, allowing the attacker to sweep the available funds. Term Labs said its V1…

Thailand’s Securities and Exchange Commission has proposed new rules requiring digital asset operators to collect, verify and retain information tied to crypto transfers under its planned Travel Rule framework. Summary Thailand’s SEC has proposed a Travel Rule requiring digital asset operators to collect and verify information tied to crypto transfers. Operators would have to verify ownership or control of self-hosted wallets and conduct checks on counterparties and service providers. Transaction records would need to be retained for at least five years, with immediate regulatory access required during the first two years. The proposal is designed to improve transaction tracing and…

Kalshi plans to seek U.S. regulatory approval as early as next week for a perpetual futures contract linked to West Texas Intermediate crude oil, Bloomberg reported on Sept. 2. Summary Kalshi reportedly plans to seek CFTC approval for a WTI perpetual futures contract next week. The proposed product would trade continuously from Monday through Friday instead of operating every day. Approval would make it the first oil perpetual contract available on a regulated U.S. exchange. Kalshi already lists a CFTC approved Bitcoin perpetual contract that began trading in June 2026. As of Sept. 3, no WTI filing appeared in the…

For many long-term XRP holders, waiting for market prices to rise has been a common strategy, however, the cryptocurrency market is highly volatile, and relying solely on price fluctuations for profit means facing market uncertainty. Summary XRPPower has opened a limited time automated trading program for XRP holders and users of other supported cryptocurrencies. The platform offers fixed term contracts ranging from seven to 20 days, with stated daily returns based on the amount committed. New users receive a $21 registration bonus, while the platform also offers referral rewards of 3% and 2%. XRPPower says its system uses automated monitoring,…

Kraken parent Payward has postponed its planned initial public offering until as early as the second quarter of 2027 after market conditions disrupted its previous listing schedule. Summary Payward may wait until at least the second quarter of 2027 to complete its IPO. The company confidentially submitted a draft S-1 registration statement in November 2025. Payward raised $800 million at a $20 billion valuation before filing with the SEC. Second-quarter adjusted revenue rose 17% to $508 million despite lower transaction volume. Kraken IPO timeline moves into 2027 As per reports on Wednesday, citing two people familiar with the matter, Payward…