A high-leverage trader just absorbed a sharp ETH liquidation while keeping a massive Bitcoin position intact. On-chain data tracked by Lookonchain shows the wallet lost its entire ETH long five hours before the latest update, booking a $1.08 million realised loss. What Happened to the High-Leverage Trader’s ETH Position? The trader had previously held 15,270 ETH valued near $37 million at peak exposure, paired with a large BTC long. Liquidation price sat at roughly $2,406. Once price action moved against the position, the exchange fully closed the ETH side. That single event erased $1.08 million in margin. How Much ETH…
Author: Cryptoguidegh
Fresh data from Santiment shows Morpho dominating decentralised finance (DeFi) lending development activity over the past thirty (30) days. The protocol posted a standout 335.33 score in notable GitHub activity, far ahead of the pack. Yearn Finance climbed into second with 39.8, while Sky moved up to third at 25.4. Euler slipped to fourth, Aave rose to fifth, and the rest of the list included Liquity, Cap, Kamino, and Maple entries. These rankings track meaningful code contributions rather than pure commit volume, giving a clearer window into which teams keep shipping in the DeFi lending space. What Does Morpho’s Lead…
Coinbase is closing the gap fast in tokenized stock trading on decentralised exchanges (DEXs). Fresh figures from Token Terminal show the exchange’s issued tokens generated $574.2 million in DEX volume over the past seven (7) days. That places Coinbase just behind Binance at $753.2 million and Robinhood at $672.3 million. Daily volume for Coinbase-issued tokenized stocks now regularly clears the $100 million mark. This momentum builds on Coinbase’s earlier growth on Base, where its tokenized equities already posted strong monthly numbers earlier in the fall. Why Is Coinbase Catching Up So Quickly in Tokenized Stock DEX Volume? Coinbase launched its…
Tokenized versions of Tesla and SpaceX now sit in more than 140,000 wallets through xStocks. Token Terminal data shows the combined holder count hit 140,174 addresses, climbing 7.9 times from 17,740 at the start of 2026. Tesla’s TSLAx accounts for 57,021 of those wallets while SpaceX’s SPCXx leads with 83,153. Together, the pair carries a $115 million market cap and generated $439.7 million in 30-day decentralised exchange (DEX) volume. This expansion shows growing appetite for on-chain exposure to high-profile names, especially Tesla, which remains one of the most actively held tokenized equities. Why Have Tokenized Tesla and SpaceX Attracted So Many…
Circle just revealed a striking figure that reshapes how the industry views stablecoin economics. In the first half of 2026, the company shared roughly $819 million with more than 150 distribution partners and covered related transaction costs. That payout represents about 59 cents of every revenue dollar Circle generated during the period. Meanwhile, USDC handled more than $36 trillion in on-chain settlement volume and processed over $315 billion in mint and redemption activity—nearly $1.7 billion every single day. How Does Circle Actually Share USDC Economics With Partners? Circle structures its model so partners that grow balances earn a portion of…
A single trader just flipped the script on PaperTrade.xyz. He racked up $10.1 billion in volume on launch day, booked a $979K loss, walked away with 252 million PAPER tokens, staked them, and now sits on a $762K net profit while collecting roughly $220K a day in USDC. Lookonchain first flagged the wallet, and the numbers check out across on-chain trackers. How did this trader turn a $979K loss into $762K profit on PaperTrade? He treated the launch like a controlled burn. On day one, he pushed massive notional volume, accepted the $979K drawdown, and harvested 252 million PAPER at…
Coinbase and Marqeta just expanded their long-standing partnership, giving enterprise clients a ready-made path to issue stablecoin-backed payment cards. Coinbase supplies the custody layer and handles fiat conversion, while its Base network settles the on-chain side. Marqeta takes care of card issuance, processing, and the bank and network relationships that let those cards work at millions of merchants worldwide. How Does Coinbase Custody Power the New Stablecoin Cards? Coinbase holds the stablecoin balances for the programs and manages the conversion into traditional currency at the moment of spend. Base, Coinbase’s Ethereum layer-2 network, then settles the transaction quickly and at…
Russia’s Central Bank has drawn a clear line under informal crypto trading. Starting July 1, 2027, ordinary citizens will no longer buy or sell digital assets directly with one another. Every deal must instead pass through licensed intermediaries that the regulator already oversees. What Exactly Changes for Everyday Crypto Trading in Russia? Peer-to-peer (P2P) swaps between private individuals stay legal only through the end of June 2027. After that date, the Bank of Russia removes them from the list of permitted operations under Federal Law 282-FZ, the statute President Vladimir Putin signed in August 2026. Residents must then route purchases…
Mastercard and BVNK just rolled out the Global Money Platform, a single-application programming interface (API) system that lets banks, fintechs, and enterprises hold, convert, and move both traditional currencies and stablecoins under one roof. The Thursday, October 15, 2026 launch marks the first major product to emerge from Mastercard’s August acquisition of BVNK, and it puts BVNK’s stablecoin engine at the centre of everyday financial infrastructure. What Exactly Does the BVNK-Powered Global Money Platform Offer? BVNK supplies the core stablecoin rails while Mastercard contributes its global payments network and Mastercard Move service. Companies can embed multi-currency accounts that keep fiat…
Fresh data from blockchain analytics firm Santiment reveals which crypto projects poured the most energy into code in the form of development activity over the last thirty (30) days. MetaMask, EigenCloud, and Dash sit at the front of the pack, while several established networks trail close behind. Development activity remains one of the clearest signals that teams keep shipping rather than merely talking. How Santiment Tracks Development Activity Santiment measures pure development activity by counting selected GitHub events in public repositories. The metric deliberately ignores routine noise such as issue comments, forks, stars, and pure project-management clicks. Instead, it focuses…