With stablecoin rules taking shape and tokenized assets entering the market, blockchain’s foundation is being tested and layer-1s are proving their staying power.
Aster reimbursed traders after an XPL glitch caused liquidations, as its perpetual DEX drove daily trading volumes to a record of more than $100 billion.
DBS Hong Kong CEO Sebastian Paredes warned that Hong Kong’s new stablecoin KYC and AML rules will largely block their use in onchain derivatives trading.
Ethereum price weakness over the past two weeks has resulted in the relative strength index flashing a potential bottom signal not seen since early April.