Author: James Wilson
Upbit will resume digital asset deposits and withdrawals on December 1 at 1:00 PM KST following a $37 million hack that targeted Solana-based assets. The South Korean exchange announced that all existing deposit addresses have been deleted, and users must issue new addresses before depositing funds. The security breach occurred on November 27, 2025, when hackers stole approximately 44.5 billion KRW ($30-36 million USD) from Upbit’s hot wallets. Unlike the 2019 attack which focused on Ethereum (ETH), the latest incident targeted Solana ecosystem tokens including Solana (SOL), USDC, and Bonk (BONK). North Korea’s Lazarus Group is suspected of planning the…
AI trading bots enable 24/7, emotion-free forex strategies but show unstable performance in volatility, requiring strict testing, VPS infrastructure and risk limits. Summary AI bots scan price action and sentiment, automating 24/7 forex strategies but often fail to adapt during sharp volatility, causing unexpected drawdowns. Experts stress backtesting, stop-losses, small position sizing near 2% capital and continuous monitoring instead of “set and forget” deployment. Mt4 and MT5 dominate for bots, with VPS and broker compatibility critical for low-latency execution and running multiple high-frequency strategies reliably. Automated trading bots, designed to execute buy and sell orders on exchange platforms without human…
CME Group has suspended trading of several asset classes due to a major outage. Summary CME Group halted trading due to a cooling issue at one of its data centers. The outage has impacted major market indices and key currency pairs on EBS. The CME Group, the world’s leading derivatives marketplace, has halted trading activity after a cooling issue at its CyrusOne data centres disrupted its systems. “Due to a cooling issue at CyrusOne data centres, our markets are currently halted. Support is working to resolve the issue in the near term and will advise clients of Pre-Open details as…
Arthur Hayes predicts equity price discovery will migrate to 24/7 crypto perpetuals, pressuring traditional exchanges as regulation turns more crypto-friendly. Summary Hayes argues BitMEX-style perpetual swaps concentrate liquidity, offer high leverage and limited legal recourse, making them superior to dated futures. He cites Hyperliquid’s HIP-3 and a Nasdaq 100 perpetual as early proof that equity perps can gain real volume on permissionless crypto platforms. Hayes links the shift to a friendlier U.S. regulatory stance under Trump and expects S&P 500 and Nasdaq 100 perpetuals to lead by late 2020s. BitMEX co-founder Arthur Hayes has predicted that crypto-style perpetual futures will displace…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The world’s central banks have embarked on a central bank digital currency, or CBDC, revolution — but midway through 2025, the results are mixed. Virtually every major economy is exploring CBDCs, rising from 35 countries in 2020 to 134 countries representing 98% of global GDP. Summary Retail CBDCs are stalling while wholesale CBDCs advance: Retail projects show minimal adoption due to redundancy with private payment apps and restrained design choices, while wholesale CBDCs see accelerating pilots with…
Arthur Hayes warned that Tether is running a risky interest rate trade that could threaten USDT solvency if markets move against the stablecoin issuer. Summary Arthur Hayes says a 30% drop in Tether’s BTC and gold could erase its equity. Hayes argues the company’s interest-rate strategy may strain USDT solvency. Tether shuts Uruguay mining as reserves hit $181B dominated by U.S. Treasuries. The BitMEX co-founder analyzed Tether’s latest attestation report and noted that a 30% decline in the company’s Bitcoin and gold holdings would wipe out equity. The stablecoin issuer holds $9.86 billion in Bitcoin and $12.92 billion in precious…
Pi Network price had a relatively strong performance in November, as it did better than most coins. Summary Pi Network price has remained in a tight range in the past few days. The network will unlock 190 million tokens worth over $46 million in December. The token has formed a symmetrical triangle pattern on the daily chart. Pi Coin (PI) token was trading at $0.2500 today, on Nov. 30, up by nearly 70% from the all-time low. In contrast, other top coins like Bitcoin (BTC) and Ethereum (ETH) slumped to the lowest level in months. Pi Network had numerous catalysts…
The World Liberty Financial token price has moved sideways in the past few days as whales have dumped it and USD1 stablecoin growth has decelerated. Summary WLFI price has formed an inverse head and shoulders pattern on the eight-hour chart. Whales have continued to dump their WLFI tokens in the past few weeks. The supply of USD1 stablecoins in circulation has dropped, a sign that its growth has lost momentum. World Liberty Financial (WLFI) price was trading at $0.1600, a range it has remained at in the past few days. This price is ~50% above the lowest level this month.…
Nasdaq’s ISE asks the SEC to lift iShares Bitcoin Trust options limits to one million contracts, enabling larger institutional hedging but potentially more volatility. Summary The proposal would move iShares Bitcoin Trust into a top derivatives tier alongside Apple , Nvidia , the S&P 500 and Nasdaq-100 , citing its market cap and volume. A one-million-contract position would equal about 7.5% of the ETF’s float and 0.284% of all bitcoin , allowing dealers to hedge bigger pension and hedge fund flows. Analysts say higher limits and FLEX options relief could tighten spreads and support structured products, but also magnify volatility when dealers rebalance large gamma…
In this week’s edition of the weekly recap, Visa partnered with Aquanow for regional stablecoin settlement expansion, China reinforced its prohibition on crypto, and the UK introduced comprehensive reporting requirements for cryptocurrency traders. Summary Visa expands stablecoin settlement while China and the UK tighten crypto rules. Tether exits Uruguay mining as Upbit, Polymarket and MoonPay face major shifts. Global regulators advance new licensing, reporting, and exchange liability laws. Visa extends stablecoin settlement across emerging markets The payments giant partnered with cryptocurrency infrastructure provider Aquanow to expand stablecoin settlement services across Central and Eastern Europe, the Middle East, and Africa regions.…