New Synthetix app chain aims for cross-chain liquidity for SNX staking, perps
Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July. Go to Source
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CFTC charges Uniswap with illegal derivatives trading
One CFTC commissioner dissented, calling the action “regulation by enforcement.” Go to Source
Trader turns $5k into $670K on Ethereum pump.fun rival Ethervista
The protocol’s native VISTA token briefly soared to a value as high as $30 million, netting one trader some serious profit. Go to Source
Rollups Are ‘Copies of the EVM,’ Not True Scaling Solutions, Says Developer
According to Adrian Brink, co-founder of Anoma and Namada, rollups offer little new functionality beyond the Ethereum Virtual Machine (EVM). He argues they are essentially execution-sharding solutions presented as true scaling solutions. Brink instead touts Plasma as the “only true scaling solution out there” because it enables constant data posting to the main chain “regardless … Read more
Sythetix betting on new ‘multi-collateral’ perps ahead of Arbitrum rollout
Synthetix faces fierce competition on the DeFi-oriented layer-2. Go to Source
Mango Markets DAO mulls offering settlement with SEC
The proposed settlement involves Mango DAO neither admitting nor denying wrongdoing and paying a $223,228 fine. Go to Source
Solana to $1K seems unlikely, but network fundamentals forecast $190 SOL
Analysts forecast $300 to $1,000 SOL, but network data suggests that a rally to $190 is a more realistic expectation. Go to Source
Increasing Ethereum network use strengthens the case for ETH price rally to $3K
Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000. Go to Source
Markets blow up, so ‘the best prep is to have a plan to buy fear and sell euphoria’ — Veteran trader
Pear Protocol founder HUF says “a limited pool of capital constantly rotating between narratives” is a clear sign of “late cycle behavior.” Go to Source
Coinbase L2 Base hosts 80% of active Uniswap traders — Token Terminal
Coinbase’s layer-2 blockchain hosts approximately 80% of Uniswap’s monthly active traders. Go to Source