A synthetic crypto contract linked to SpaceX’s private market valuation collapsed nearly 45% in roughly 30 minutes on Thursday, wiping out more than $1.5 million and forcibly closing hundreds of leveraged positions on the decentralized derivatives platform Hyperliquid. The episode drew swift attention from traders and analysts, raising fresh questions about the risks of speculative…
Earlier this month, WIRED published an excerpt from Steve Rosenbaum’s buzzy new book, The Future of Truth, which looks at how artificial intelligence warps people’s sense of reality. Shortly thereafter, The New York Times reported that the book contained over a half-dozen made-up or misattributed quotes. In a statement, Rosenbaum, who has a master’s degree…
Crypto prime broker seeks public listing as sector-wide IPO momentum stalls Crypto trading and prime brokerage firm FalconX has taken a significant step toward a public listing, confidentially filing a draft S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), according to a person familiar with the matter who spoke on condition of…
After a security researcher published a series of unpatched bugs in Microsoft products, along with code to exploit them, the company is now threatening to take legal action and call the cops on them. Microsoft’s veiled threat reignites a long-running argument over what responsibility, if any, security researchers have to disclose vulnerabilities affecting large and…
Key Takeaways Coinbase became the first U.S.-regulated FCM offering global crypto derivatives access. CFTC staff action supports Coinbase’s regulated route to global crypto options and perpetual futures liquidity. Deribit’s more than $31 billion in bitcoin options open interest highlights the scale of the market Coinbase is targeting. Coinbase Opens Regulated Access to Global Crypto Derivatives…
Bitcoin has clawed back losses to trade near $74,000 after President Donald Trump abruptly announced an end to the U.S. naval blockade of the Strait of Hormuz, easing weeks of geopolitical pressure on crypto and oil markets. Summary Bitcoin rebounds to roughly $74,000 after Trump ends Hormuz blockade Traders unwind “war premium” as focus shifts…
DEXE rose more than 11% intraday to trade above $19.16, with a 32% weekly gain. Daily trading volume climbed about 38% to nearly $40 million, suggesting accumulation. Technical support sits at $15, while bulls could target $24 or higher next. DeXe (DEXE) rallied sharply on Friday, climbing toward the $20 mark as buying pressure intensified…
The world’s largest cryptocurrency has slipped to its lowest ranking in over two years, overtaken by surging AI-driven tech stocks and record-setting precious metals. But not everyone is alarmed. Bitcoin has once again fallen out of the world’s top 10 assets by market capitalization, a milestone that is drawing both concern and shrugs across the…
Syntasso Co-Founder and COO Paula Kennedy explains why platform engineering should be treated as a product discipline — not just a tooling project — and how AI-assisted development is raising the stakes for governance, developer experience, and software delivery. The post Syntasso’s COO Paula Kennedy: Why Platform Engineering Must Be More Than an Internal Tools…
This week saw the crypto market shed over $100 million of its total capitalization as macro risks and ETF outflows took their toll. Crypto markets traded lower over the past seven days, with Bitcoin leading the decline as investors shifted away from risk assets. BTC started the week near the $77,000-$78,000 range but steadily…
