Token Buybacks Can't Fix Weak Valuations, Ansem Warns
Ansem's read: HYPE and PUMP both repurchase tokens, but only one has held a trust premium, and the FDV gap shows it.
Ansem's read: HYPE and PUMP both repurchase tokens, but only one has held a trust premium, and the FDV gap shows it.
The exploit hit Edel but the bug lives in credit markets built on tokenized equities, where 1:1 stock backing is meaningless if the wrapper, vault and exchange rate can be manipulated.
The case tests the CFTC's authority over prediction-market insider trading as political-event contracts draw billions in volume and a celebrity-adjacent defendant.
Trade[XYZ] deployed the contract with a $5 reference, not the RMB 8.66 IPO price, and a 20% discovery bound and internal oracle govern the mark until CXMT starts trading.
Multicoin takes its first position in the Hyperliquid ecosystem via a sole-investor check into Trasia, a perps DEX co-founded by ex-partner Mable Jiang targeting Asian traders.
The price is small, but the deal ships BlockFills' institutional client book, derivatives team, and CIMA + FCA licenses into Keyrock just as institutional crypto demand picks back up.
The position size is unusual for a token this thin, but the leverage is modest and the liquidation price sits so low that the trade reads more like a high-conviction directional bet than a…
Glide is MoonPay's sixth acquisition of 2026, and the onramp giant is absorbing a four-person team that built crypto-native deposit rails for fintechs and neobanks.
The open-interest rotation from $80K to $70K keeps the $60K put as the most popular downside bet, framing a tighter $60K-$70K corridor that dealer-gamma hedging looks set to cap from above.
The size of the deposit relative to the open position signals either a large directional bet on a thin altcoin or a wallet preparing for staged adds into a soft tape.
The paper identified 821 likely manipulators netting $8.2M from five-minute BTC contracts, with the cost falling on retail traders who traded against the spoofed prints.
The attacker converted the full haul into 12,084 ETH at ~$1,966 and routed most of it through Tornado Cash, the laundering pattern that keeps drawing OFAC's attention.
Three fresh wallets, 3M USDT in fresh deposits, and a leveraged long sized at 4.73B AKE tokens: the structure of the trade reads more like a directional bet than a hedge.
RWA-linked derivative volume hit roughly $300B in June across Binance, Hyperliquid and OKX. Pepperstone's perpetual CFD product carries that mechanic onto ASIC and FCA rails.
The regulated broker's perpetual CFDs route crypto-style funding rates through a familiar overnight swap, targeting a market where weekend volumes already cleared $20B in June.
The third-party HIP-3 builder swap points to Skew becoming the operating perps venue tied to Hyperion's HYPE-denominated treasury, with revenue share layered in.
Jesse Pollak admits the social-and-content-coins bet was a detour. The 2026 priorities (perpetuals, tokenized stocks, stablecoin rails, AI-agent payments) put Base back in the L2 infrastructure race.
The attacker weaponized a registered forwarder and future-dated oracle reports to mint artificial trading profits, draining the OLP Vault before the team froze trading.
An onchain attacker drained an estimated $18M from Ostium vaults before the protocol halted trading, the latest in a string of DeFi derivatives incidents testing offchain risk engines.
The attacker used Ostium's own Gelato-run price automation against it, forging future-dated oracle reads to extract an $18M USDC payout. It is the second major oracle hit in a week.