Derivatives
Ethereum open interest rose 2.3% in ETH on Binance as its dollar value fell 6.6%
Matched October 6–8 snapshots show a larger ETH-denominated book despite Thursday’s contraction, separating outstanding exposure from lower USDT valuation.
stablecoins
Latest stories
Hacks
Locked liquidity did not stop this $14 million crypto pool drain
Bitquery traced 79AU’s drain to token permissions that bypassed burned LP receipts, with residual rights documented on Oct. 8.
Stablecoins
Polygon’s 8 million USDT0 holders face scrutiny as 58% of growth matches scam patterns
A Bitquery investigation found nearly 1 million net new addresses matching scam patterns while USDT0 supply and meaningful holdings declined sharply.
Stablecoins
EU regulators target non-compliant stablecoins with a 90-day deadline
ESMA gives EU crypto firms until Jan. 8 to resolve exposure to non-compliant stablecoins, tightening restrictions on custody and transfers.
Adoption
XRPL’s $1.34 billion stablecoin base doesn’t tell us how much XRP users need
Fees and reserves require XRP, while larger demand depends on routing choices and the balances held in liquidity or credit products.
Memecoins
PumpFun is making millions from a market where 81% of memecoins crashed 90%
Revenue follows activity across the platform, while individual holders depend on buyers returning to the specific token they own.
Stablecoins
SAP Pay adds USDC payments, with Circle Mint access required
Tereina’s Circle integration adds a settlement route inside SAP workflows, while institutional checks and regional conditions govern access.
Trading
Why XRP’s 63 billion circulating tokens don’t tell buyers what’s for sale
An Oct. 8 snapshot counts 21.97 billion XRP in exchange custody, while executable supply depends on sell orders and price tolerance.
Analysis
Citi predicts Bitcoin going back to $113,000. Here’s what the buying data shows
Citi's twelve-month forecast sits below Bitcoin's previous record. Thin trading and a fresh day of ETF outflows complicate the recovery case.
Lending
Aave and Pendle may have found a way to keep yield capital from ever leaving DeFi
A $67 million AUSD maturity will test whether users keep rolling fixed-yield collateral instead of cashing out when each term ends.
Stablecoins
China’s crypto ban Is failing to stop a $176 billion P2P economy
Chainalysis says 59% of activity now happens between personal wallets as stablecoin use accelerates outside exchanges.
Tokenization
Cheap crypto capital hits wall as Bitfinex fee rule binds
Paolo Ardoino’s 80% cost-cutting goal faces a test as Bitfinex Securities charges a $100,000 minimum issuer fee.
