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BitMEX said in a Thursday report that commodity perpetual swaps were the fastest-growing segment of TradFi perps in the first quarter of 2026, with weekly volume rising 65,463% from $38.1 million to $25.0 billion.The report said silver, crude oil and gold drove most of that growth. By the week of March 15, Silver (XAG) accounted for 34.8% of the market share of tokenized commodities, followed by crude oil (CL) for 27.7%, gold (XAU) at 27.5% and Silver on Hyperliquid for 6%, according to a Thursday report.BitMEX said the March entry of crude oil added a new leg to the market,…
Formerly known as Lightning Pay, Stacked may be the only Bitcoin exchange left standing after a series of mergers and bankruptcies in the New Zealand crypto industry. Doubling down on their vision to make Bitcoin “useful as money,” they just launched a self-custodied Lightning wallet. Found at StackedBitcoin.com, the company has taken a different path than larger exchanges in the country, which, according to Simon, co-founder and CRO of Stacked, are going all-in on selling custodial and paper bitcoin. Exchanges like Sharesies are built following the Robinhood model, with no path to withdraw crypto to self-custodied wallets. While EasyCrypto, a…
The brief career of William Banks is one of the crypto industry’s most bizarre tales, involving months of staged content, a fake jailbreak that earned over 10 million views, and two memecoin rug pulls that he claimed raised approximately $50,000 for Palestinian aid organizations. On memecoin platform Pump Fun, where over 99% of tokens collapse to near-$0, the self-proclaimed comedian tried to stand apart by using philanthropy to justify his antics. “Thank you to the crypto community for buying my pretend memecoin and helping me to raise $50,000 for the crisis in Gaza,” he said about a very real, not-at-all…
The Open Network (TON), an independent layer-1 blockchain that has integrations with the Telegram messaging application, said it has slashed block times to 400 milliseconds with the release of its Catchain 2.0 consensus upgrade.Payment transactions now settle in about 1 second, while trades settle in “real time,” and decentralized applications will now operate at speeds comparable to traditional apps, according to TON’s announcement on Thursday.Faster block times produce more validator rewards, as the number of blocks added to the chain increases. TON’s annual inflation is projected to increase six-fold, to 3.6% from about 0.6% following the update, TON said. Inflation…
Securitize has appointed former U.S. Securities and Exchange Commission (SEC) official Brett Redfearn as president and a member of its board, adding regulatory experience as the firm prepares to go public this year.Redfearn, who previously led the SEC’s Division of Trading and Markets, will work with Securitize’s leadership team to scale its offerings across issuance, trading and fund administration, the company announced in a press release. The company focuses on turning traditional financial assets, such as funds or private credit, into blockchain-based tokens that can be traded more easily.His appointment comes at a time when tokenization is gaining traction among…
During Stable Summit IV in Cannes (27–28 March), Redwan Meslem from the Enterprise Ethereum Alliance moderated a session with Tony McLaughlin (CEO) of Ubyx on scaling stablecoins while maintaining the principle of “singleness of money.” The discussion addressed clearing, settlement, and par value in multi-issuer systems, with a focus on practical strategies for institutional adoption. 1. Wallet Infrastructure is the Entry Point for Institutional Adoption Wallet infrastructure is the primary entry point for banks and fintechs into on-chain systems. Drawing on his experience in traditional finance and as founder of Ubyx, Tony noted that if institutions offer wallets connected to…
Bitcoin may have survived the worst of the shock, but the data says this is stabilization, not escape velocity. A Bitcoin Reset Underway? According to CryptoQuant, the current conditions suggest a reset is underway, with Bitcoin working through a broad deleveraging phase. Yet even as market stress eases, the top cryptocurrency still hasn’t carved out a definitive bottom in this bear cycle. Related Reading Analyst MorenoDV_ believes Bitcoin’s on‑chain/derivatives “stress cycle” indicators are rolling over, suggesting the market is exiting an acute stress phase, but not yet entering a clean bullish reversal regime. The analyst says that alignment between Bitcoin’s…
A trader lost about $3 million after building a large leveraged Fartcoin position on Hyperliquid that unraveled in thin liquidity, triggering the platform’s auto-deleveraging (ADL) mechanism.Hyperliquid data flagged by Lookonchain shows that the trader accumulated about 145 million tokens across multiple wallets before being liquidated. The liquidation redistributed gains to opposing traders, with at least two wallets seeing around $849,000 through ADL. PeckShield said the unwind produced about $3 million in accounting losses and left Hyperliquid’s HLP vault down roughly $1.5 million over 24 hours, though Hyperliquid had not publicly confirmed those figures by publication.The episode highlighted how ADL can crystallize…
Morgan Stanley has entered the spot bitcoin ETF market with the launch of its Bitcoin Trust (MSBT), adding a major new issuer to an increasingly competitive field defined by fee pressure, shifting flows, and institutional positioning. The fund debuted with roughly $30.6 million in net inflows and about $34 million in trading volume, offering an early signal of demand from the bank’s vast wealth management network. MSBT carries a 14 basis point fee, undercutting many existing products and reinforcing a broader trend toward lower costs across the sector. Despite the launch, U.S. spot bitcoin ETFs recorded about $94 million in…
US Treasury Secretary Says It’s Time to Advance Crypto’s Clarity Act to Trump’s Desk – BitRss – Crypto World News The Crypto Basic 16 minutes ago 4 Treasury Secretary Scott Bessent has urged the Senate to accelerate action on the long-delayed Digital Asset Market Clarity Act and send it to the president’s desk without further delay. In a recent WSJ op-ed, he warned that the United States could fall behind in financial innovation if lawmakers fail to establish clear rules for the rapidly expanding digital asset sector.Visit Website BitRss shares this Content always with License. Read Entire Article Screenshot generated…