Author: driver789
Bitcoin and crypto focused prediction market platform Polymarket is preparing its most significant infrastructure upgrade to date, rolling out a rebuilt trading system alongside a new native stablecoin designed to replace bridged collateral and streamline on-chain activity. The overhaul, described by the company as a “full exchange upgrade,” is expected to go live over the next several weeks and includes new smart contracts, an updated central limit order book (CLOB), and a proprietary collateral token called Polymarket USD. The token will be backed 1:1 by USDC and will replace USDC.e, a bridged version of the stablecoin currently used across the…
Chaos Labs has parted ways with the Aave ecosystem after serving as the crypto lending protocol’s main risk service provider for three years, citing a budget dispute and disagreements over how Aave should manage risk.“This decision was not made in haste,” Chaos Labs founder Omer Goldberg said in a post to X on Monday. “We worked in good faith with DAO contributors. Aave Labs was professional and supported increasing our budget to $5m to retain us. However, we are leaving because the engagement no longer reflects how we believe risk should be managed.”Source: Omer GoldbergAave Labs CEO Stani Kulechov said…
Chaos Labs has parted ways with the Aave ecosystem after serving as the crypto lending protocol’s main risk service provider for three years, citing a budget dispute and disagreements over how Aave should manage risk.“This decision was not made in haste,” Chaos Labs founder Omer Goldberg said in a post to X on Monday. “We worked in good faith with DAO contributors. Aave Labs was professional and supported increasing our budget to $5m to retain us. However, we are leaving because the engagement no longer reflects how we believe risk should be managed.”Source: Omer GoldbergAave Labs CEO Stani Kulechov said…
Chaos Labs, one of Aave’s key risk managers, is leaving the DeFi lending giant’s ecosystem, marking the latest in a string of high-profile contributor exits that have reshaped the protocol’s core operating team in recent months.The departure follows earlier exits from major contributors like ACI (Aave Chan Initiative) and BGD Labs, signaling growing internal friction over the protocol’s direction.Since 2022, Chaos Labs has overseen risk across Aave’s markets, helping the protocol grow from roughly $5 billion to more than $26 billion in total value locked, while maintaining “zero material bad debt.” But despite that track record, the firm says it…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
Ethereum is trying to hold above $2,150. The market is waking up. And in the last hour, someone withdrew $82 million in ETH from an institutional prime brokerage — and the identity of that someone is the question the on-chain data is already trying to answer. Arkham Intelligence has tracked a transaction that stands out against the current market backdrop: a fresh wallet withdrew approximately $82 million in ETH from FalconX within the past hour. FalconX is not a retail exchange. It is an institutional prime brokerage serving hedge funds, corporate treasuries, and sophisticated market participants, which immediately narrows the…
Charles Schwab will launch Schwab Bitcoin Ethereum trading in Q2 2026, giving its 38.9 million active brokerage clients direct spot access to crypto for the first time through a new service called Schwab Crypto. Summary Schwab confirmed a phased rollout of direct spot Bitcoin and Ethereum trading in Q2 2026, operated through its banking subsidiary Charles Schwab Premier Bank and branded as Schwab Crypto CEO Rick Wurster first signaled the move in mid-2025, confirmed the Q2 timeline in a March 2026 interview with Barron’s, and said the company is “ready to compete in spot Bitcoin and Ethereum trading” Schwab manages…
Rwanda’s central bank has restated its prohibition on cryptocurrency activity involving the national currency after Bybit introduced support for the Rwandan franc on its peer-to-peer marketplace, prompting a swift regulatory response. In a statement published Sunday, the Centrak Bank of Rwanda said crypto-assets are not authorized for payments, conversions involving the franc, or peer-to-peer trading under the current framework. The central bank warned residents against using such services, citing financial risks and the absence of legal protection in cases of loss. The clarification followed an announcement from Bybit on Friday that users could buy and sell digital assets using the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s price being positioned above the $2,000 level now may be heavily attributed to the massive activity on the Futures market front. While the spot market has slowed down, the futures market is growing at an extremely high rate compared to spot, reshaping the market dynamics of ETH. Futures Lead The Way In The Ethereum Market As the week begins, Ethereum, the leading altcoin, is exhibiting a key development in its market dynamics. Even with broader market volatility, the derivatives activity of ETH is at the top…
Prediction platform Polymarket is overhauling its exchange infrastructure in the coming weeks, introducing a new collateral token and upgraded trading system that give the platform greater control over settlement and risk as it moves toward closer alignment with US regulatory expectations.In an announcement on Monday, Polymarket said it will deploy new exchange contracts — dubbed version 2 — designed to simplify how orders are structured and matched. The upgrade is intended to make trading more efficient and to make it easier for developers to connect apps and trading bots to the platform.The new system will also support EIP-1271, an Ethereum…