Author: Vickie Helm

Disclosure: The views and opinions expressed herein belong solely to the authors and do not represent the views and opinions of crypto.news editorials. Perpetual futures, or “PERPs,” are currently at the center of gravity of the cryptocurrency market. These are derivative contracts with no expiry date. Unlike traditional futures, they are never settled and instead use a funding rate mechanism to match the price to the spot market. Essentially, criminals force traders to hold leveraged positions indefinitely, turning speculation into a feedback loop that never closes 24/7. summary Perpetual futures (PERPs) currently dominate cryptocurrency trading, accounting for approximately 70% of…

The U.S. Securities and Exchange Commission has charged Danh C. Vo, founder and CEO of Bitcoin mining company VBit Technologies Corp., with defrauding investors of $48.5 million. According to the SEC, Mr. Vo misled investors about his business operations while misusing the funds to gamble, buy virtual currency, and give gifts to his family. The complaint filed in the U.S. District Court for the District of Delaware alleges that Vo raised more than $95.6 million from approximately 6,400 investors between December 2018 and February 2022. He sold “hosting contracts” that promised investors a cut of the profits from the Bitcoin…

U.S. courts are once again being asked to consider maximum extractable value practices after a judge allowed new evidence to be added to a class action lawsuit related to memecoin platforms.A judge granted a motion to amend and refile with new evidence the class action lawsuit against meme coin launch platform Pump.fun, maximum extractable value (MEV) infrastructure company Jito Labs, Solana Foundation, the nonprofit organization behind the Solana ecosystem, and others.The motion says more than 5,000 pieces of evidence were submitted in September by a “confidential informant” in the form of previously unavailable internal chat logs. The submitted document stated:”Plaintiffs…

Disclosure: The views and opinions expressed herein belong solely to the authors and do not represent the views and opinions of crypto.news editorials. The Internet expanded because IP created a universal fabric of data. Web3 didn’t have that luxury. Instead, it inherits a patchwork of 1980s-era networks and ad-hoc protocols, not to mention billions of AI agents, a global payment layer, and a globally distributed physical infrastructure network sensor mesh that slows down and creates congestion when attempting to perform actual transactions at scale. We are long past the stage where faster chains and larger blocks are useful. summary Web3…

Aster is taking another step to reward its loyal users as it approaches a major network milestone. summary Aster’s Stage 5 Airdrop will distribute 1.2% of supply with an optional 3-month vesting period Early claims will trigger token burn and strengthen supply discipline This phase will lead to Aster Chain’s testnet and mainnet launch in early 2026 Aster is entering a new phase of its airdrop program as it moves towards reducing emissions and preparing to launch its own blockchain. According to a Dec. 17 announcement, Aster’s fifth airdrop phase, known as Crystal, will begin on Dec. 22 and run…

Important points Phantom has introduced a prediction market that leverages Solana tokens in users’ wallets. This new feature is powered by Kalshi and can be accessed directly from your Phantom wallet. Share this article Phantom has begun rolling out in-app access to prediction markets through a new integration with Kalshi, a regulated event trading platform.This feature allows Phantom users to speculate on real-world outcomes such as sports, politics, and crypto events directly from the wallet interface without creating a separate account or transferring funds to another platform.The partnership, announced on December 11, introduces a seamless way to trade real money…

One large investor offloaded millions of ASTER tokens and absorbed a 22% loss within two weeks. ASTER price is below key levels, suggesting a short-term bearish bias. The Aster team allayed supply-side concerns by confirming that they have no plans to sell unlocked tokens. The digital asset market continued to deteriorate on Wednesday, with the global cryptocurrency market capitalization at $2.94 trillion, after falling 0.65% in the past 24 hours. Bitcoin also remained a little subdued on the last day after its recent decline, trading at $86,640 after losing just 0.30% on the daily chart. While most altcoins are looking…

Disclosure: The views and opinions expressed herein belong solely to the authors and do not represent the views and opinions of crypto.news editorials. People like to debate whether Bitcoin (BTC) will reach $1 million. They frame it as a prediction, a moonshot, or a marketing gimmick. Bulls treat it like their ultimate destiny. Critics treat it like a delusion. But both sides usually miss the point. summary The $1 million Bitcoin debate isn’t really about price. This reflects a deeper denial that traditional monetary systems have been eroded by crises, interventions, and the disappearance of restraints. Bitcoin’s rise stems from…

BNB Chain has introduced stablecoins to increase cross-chain liquidity. This token is targeted for large scale and mass usage across various sectors. The community is buzzing as Binance founder CZ is following a new stablecoin named U. BNB Chain is planning a large-scale entry into the stablecoin industry. The platform has brought to X to introduce a new set of stablecoins that will be launched soon. The new token aims to unify liquidity across a variety of applications while serving the needs of high-volume, large-scale utilities. While most existing stablecoins have payments and transactions as their primary use case, BNB…

The Ethereum price (ETH USD) has fallen below the psychologically important $3,000 level, and the Ethereum price trend is currently in a fragile price action zone after a sharp decline. At the time of writing, ETH is trading around $2,900-2,950, down about 5-7% in 24 hours, while its market cap has fallen towards the mid-$340 billion range. The move comes after around $600 million in leveraged crypto positions were shed in one day, with traders bracing for a potential spike in volatility caused by institutional flows mixed with weak technicals. GM fam Yesterday, BTC fell below $86,000, resulting in over…